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CSI COMPRESSCO LP (CCLP) Stock Technical Analysis

NASDAQ:CCLP - Nasdaq - US12637A1034 - Currency: USD

2.42  +0.09 (+3.86%)

After market: 2.42 0 (0%)

Technical Rating and Analysis

10

Overall CCLP gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CCLP has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CCLP did better than 95% of all other stocks. We also observe that the gains produced by CCLP over the past year are nicely spread over this period.
CCLP is part of the Energy Equipment & Services industry. There are 63 other stocks in this industry. CCLP outperforms 100% of them.
A new 52 week high is currently being made by CCLP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
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.
Weekly and Daily overview Charts
CSI COMPRESSCO LP / CCLP Weekly stock chart
CSI COMPRESSCO LP / CCLP Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

2.07

2.44

2 important support areas can be observed.

  • 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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CCLP is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CCLP is up.
ChartMill Relative Strength95.81POSITIVECCLP has a high relative strength, it outperformed 95.81% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CCLP is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CCLP is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CCLP is above the rising SMA(200).
Relative Strength Index/RSI (14)71.79OVERBOUGHTThe high RSI value suggests CCLP may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests CCLP has a positive trend.
Stochastics (14,3)79.92NEUTRALThe Stochastics value for CCLP is a neutral value.
Average True Range in percent/ATR (20)3.81MEDIUM VOLATILITYThe ATR as a percentage value for CCLP suggests some volalility.
Average Directional Index/ADX (14)33.7POSITIVEThe high ADX value value for CCLP suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
CSI COMPRESSCO LP / CCLP Daily stock chart

CSI COMPRESSCO LP

NASDAQ:CCLP (4/1/2024, 8:11:50 PM)

After market: 2.42 0 (0%)

2.42

+0.09 (+3.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg3.86%
1 Week4.76%
2 Weeks8.52%
1 Month20.4%
3 Month36.72%
6 Month74.1%
12 Month100%
2 Year70.42%
3 Year43.86%
5 Year-20.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%3.81%
ATR Inc24.46%
Range Today0.13
ADR(20)0.09
ADR(20)%3.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.81
Mansfield4.21
10 Day High2.44
10 Day Low2.2
20 Day High2.44
20 Day Low1.85
52 Week High2.44
52 Week Low1.04
CS1 End2.26
CR1 StartN/A
Volume & EV
DER(3)7.49%
DER(5)3.79%
Volume3.35M
Volume Incr240.74%
Vol(5)753.88K
Vol(50)235.89K