Atlas Pipeline Partners L.P. (APL) Stock Technical Analysis
NYSE:APL - New York Stock Exchange, Inc. - US0493921037
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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
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.
Although the technical rating is bad, APL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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
24.77
36.14
We found 1 important support 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
26.63
-0.45 (-1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.66%
1 Week-2.6%
2 Weeks0.68%
1 Month-1.3%
3 Month-18.91%
6 Month-27.89%
12 Month-13.37%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%3.26%
ATR Inc-13.52%
Range Today0.64
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.74
Mansfield-2.27
10 Day High28.55
10 Day Low26.45
20 Day High28.55
20 Day Low26.16
52 Week High37.96
52 Week Low22.08
CS1 End25.02
CR1 Start27.35
Volume & EV
DER(3)1.17%
DER(5)1.22%
Volume1.60M
Volume Incr-10.75%
Vol(5)1.42M
Vol(50)1.33M