CSI COMPRESSCO LP (CCLP) Technical Analysis
NASDAQ:CCLP • US12637A1034
Current stock price
CCLP Technical Rating and Analysis
Overall CCLP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CCLP is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that CCLP is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, CCLP also shows a nice and consistent pattern of rising prices.
- CCLP is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 76% of 60 stocks in the same industry.
- A new 52 week high is currently being made by CCLP, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so CCLP is leading the market.
- In the last month CCLP has a been trading in the 1.85 - 2.44 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
CCLP Weekly and Daily overview Charts
CCLP Setup Rating and Analysis
Although CCLP has an excellent technical rating, it 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
CCLP Support and Resistance Analysis
2.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.23 to 2.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.09 to 2.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CCLP 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 | UP | POSITIVE | The long term trend for CCLP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCLP is up. |
| ChartMill Relative Strength | 95.81 | POSITIVE | CCLP has a high relative strength, it outperformed 95.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCLP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCLP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCLP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.79 | OVERBOUGHT | The high RSI value suggests CCLP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CCLP has a positive trend. |
| Stochastics (14,3) | 79.92 | NEUTRAL | The Stochastics value for CCLP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for CCLP suggests some volalility. |
| Average Directional Index/ADX (14) | 33.7 | POSITIVE | The high ADX value value for CCLP suggests a strong trend. |
CCLP Chart- and CandleStick Pattern Analysis
CCLP Technicals: Chart, Performance Metrics, Trend & Indicators
2.42
+0.09 (+3.86%)
CSI COMPRESSCO LP / CCLP TA FAQ
Can you provide the ChartMill technical rating for CSI COMPRESSCO LP?
ChartMill assigns a technical rating of 10 / 10 to CCLP.
Can you provide the trend direction for CSI COMPRESSCO LP?
The current trend direction for CSI COMPRESSCO LP (CCLP) is Bullish.
What is the RSI signal for CCLP stock?
CSI COMPRESSCO LP (CCLP) has an RSI value of 71.7892. This indicates that the stock is currently overbought.
What is the MACD signal for CCLP stock?
The MACD indicator for CSI COMPRESSCO LP (CCLP) has a value of 0.00451721, indicating a bearish trend.
Can you provide the short term momentum for CSI COMPRESSCO LP?
The short term momentum for CSI COMPRESSCO LP (CCLP) is positive.