BP Midstream Partners LP (BPMP) Stock Technical Analysis
NYSE:BPMP - New York Stock Exchange, Inc. -
Taking everything into account, BPMP scores 7 out of 10 in our technical rating. In the last year, BPMP was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, BPMP did better than 89% of all other stocks.
BPMP is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 88% of 213 stocks in the same industry.
BPMP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BPMP is lagging the market slightly.
In the last month BPMP has a been trading in the 15.64 - 17.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, BPMP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 16.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BPMP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
12.78
19.06
We found 4 important support areas.
- A support zone ranging from 16.73 to 16.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.96 to 16.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.95 from a trend line in the weekly time frame.
- A support zone ranging from 12.91 to 12.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.20 to 17.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.85 to 18.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.65
Mansfield1.27
10 Day High17.92
10 Day Low16.66
20 Day High17.92
20 Day Low15.64
52 Week High19.37
52 Week Low12.62
Performance
1 Week-0.47%
2 Weeks0.23%
1 Month4.78%
3 Month0.06%
6 Month26.46%
12 Month33.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)50.39
LBB16.26
UBB17.93
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.66 | 16.72 | 0.94 (5.32%) | 18.79% |
| An entry @17.66. This is a Buy Stop order right above the resistance zone. | An exit @16.72. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.94 points, which is 5.32%. | When investing 18.79% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
17.11
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week-0.47%
2 Weeks0.23%
1 Month4.78%
3 Month0.06%
6 Month26.46%
12 Month33.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%2.75%
ATR Inc-48.77%
Range Today0.24
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
CRS89.65
Mansfield1.27
10 Day High17.92
10 Day Low16.66
20 Day High17.92
20 Day Low15.64
52 Week High19.37
52 Week Low12.62
CS1 End16.89
CR1 Start17.2
Volume & EV
DER(3)6.3%
DER(5)3.49%
Volume9.89M
Volume Incr366.07%
Vol(5)2.56M
Vol(50)789.66K