Atlas Pipeline Partners L.P. (APL) Technical Analysis
NYSE:APL • US0493921037
Current stock price
APL Technical Rating and Analysis
Overall APL gets a technical rating of 1 out of 10. APL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, APL is a bad performer in the overall market: 85% of all stocks are doing better.
- APL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so APL is lagging the market.
- In the last month APL has a been trading in the 26.16 - 28.55 range, which is quite wide. It is currently trading near the lows of this range.
- APL has an average volume of 1329120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
APL Weekly and Daily overview Charts
APL Setup Rating and Analysis
Although the technical rating is bad, APL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
APL Support and Resistance Analysis
24.77
When analyzing the support we notice one important area.
- Support @25.02 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 27.35 to 28.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.07 from a horizontal line in the daily time frame.
- A resistance zone ranging from 35.38 to 35.78. This zone is formed by a combination of multiple trend lines in the weekly time frame.
APL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for APL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APL is neutral. |
| ChartMill Relative Strength | 15.74 | NEGATIVE | APL has a low relative strength, it was outperformed by 84.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of APL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.74 | NEUTRAL | The RSI value for APL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests APL has a negative trend. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for APL suggests some volalility. |
APL Chart- and CandleStick Pattern Analysis
APL Technicals: Chart, Performance Metrics, Trend & Indicators
26.63
-0.45 (-1.66%)
Atlas Pipeline Partners L.P. / APL TA FAQ
What is the technical rating for APL stock?
ChartMill assigns a technical rating of 1 / 10 to APL.
Can you provide the trend direction for Atlas Pipeline Partners L.P.?
The current trend direction for Atlas Pipeline Partners L.P. (APL) is Bearish.
What is the RSI signal for Atlas Pipeline Partners L.P. (APL) stock?
Atlas Pipeline Partners L.P. (APL) has an RSI value of 44.7402. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Atlas Pipeline Partners L.P.?
The short term momentum for Atlas Pipeline Partners L.P. (APL) is neutral.