We assign a technical rating of 10 out of 10 to CCLP. 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.
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
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.
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. |
2.42
+0.09 (+3.86%)
CSI COMPRESSCO LP / CCLP 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.
Can you provide the RSI signal for CSI COMPRESSCO LP?
CSI COMPRESSCO LP (CCLP) has an RSI value of 71.7892. This indicates that the stock is currently overbought.
What is the short term momentum for CSI COMPRESSCO LP (CCLP) stock?
The short term momentum for CSI COMPRESSCO LP (CCLP) is positive.
Can you provide the buy/sell signal for CSI COMPRESSCO LP?
The buy/sell signal for CSI COMPRESSCO LP (CCLP) is buy as both the short term and long term trends are positive.