BLACK STONE MINERALS LP (BSM) Stock Technical Analysis
USA - NYSE:BSM - US09225M1018
13.14 USD
-0.12 (-0.9%)
13.14 USD
0 (0%)
We assign a technical rating of 5 out of 10 to BSM. Recently some decent action could be observed, but in the medium term time frame this is still negative. BSM was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, BSM is a bad performer in the overall market: 79% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BSM has a been trading in the 11.78 - 13.50 range, which is quite wide. It is currently trading near the high of this range.
BSM is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 41% of 211 stocks in the same industry.
BSM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BSM is lagging the market.
BSM has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.79
15.96
When analyzing the support we notice one important area.
- A support zone ranging from 11.91 to 12.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 13.38 to 13.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.62 from a trend line in the weekly time frame.
- Resistance @15.35 from a horizontal line in the weekly time frame.
- Resistance @15.80 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for BSM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSM is up. |
| ChartMill Relative Strength | 21.36 | NEGATIVE | BSM has a low relative strength, it was outperformed by 78.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BSM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.11 | NEUTRAL | The RSI value for BSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BSM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.77 | OVERBOUGHT | The high Stochastics value suggests BSM may be overbought. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for BSM suggests low volalility. |
| Average Directional Index/ADX (14) | 27.31 | POSITIVE | The high ADX value value for BSM suggests a strong trend. |
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)
13.14
-0.12 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.9%
1 Week-0.53%
2 Weeks2.42%
1 Month7.7%
3 Month-0.23%
6 Month-5.94%
12 Month-14.4%
2 Year-23.74%
3 Year-16.04%
5 Year114.01%
10 Year-4.78%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.73%
ATR Inc33.24%
Range Today0.27
ADR(20)0.22
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.36
Mansfield-1.63
10 Day High13.5
10 Day Low12.79
20 Day High13.5
20 Day Low11.78
52 Week High15.66
52 Week Low11.78
CS1 End12
CR1 Start13.38
Volume & EV
DER(3)-3.11%
DER(5)-5.46%
Volume376.30K
Volume Incr-15.72%
Vol(5)473.84K
Vol(50)510.56K