Crestwood Equity Partners LP New (CEQP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CEQP - US2263442087
Taking everything into account, CEQP scores 4 out of 10 in our technical rating. In the last year, CEQP was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
CEQP has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
25.26
We found 3 important support areas.
- A support zone ranging from 27.08 to 27.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.41 from a trend line in the daily time frame.
- A support zone ranging from 25.52 to 25.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 29.12 to 29.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.90 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 CEQP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CEQP is neutral. |
| ChartMill Relative Strength | 71.33 | POSITIVE | CEQP has a high relative strength, it outperformed 71.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CEQP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CEQP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CEQP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.08 | NEUTRAL | The RSI value for CEQP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests CEQP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.16 | NEUTRAL | The Stochastics value for CEQP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for CEQP suggests some volalility. |
| Average Directional Index/ADX (14) | 24.14 | NEUTRAL | The ADX value for CEQP suggests a possible start of a new trend. |
28.26
+1.18 (+4.36%)
Crestwood Equity Partners LP New / CEQP FAQ
What is the ChartMill technical rating of Crestwood Equity Partners LP New (CEQP) stock?
ChartMill assigns a technical rating of 4 / 10 to CEQP.
What is the current trend direction of Crestwood Equity Partners LP New (CEQP) stock?
The current trend direction for Crestwood Equity Partners LP New (CEQP) is Bearish.
What is the RSI signal for Crestwood Equity Partners LP New (CEQP) stock?
Crestwood Equity Partners LP New (CEQP) has an RSI value of 50.0788. This indicates that the stock is currently neutral.
What is the support and resistance level for CEQP stock?
Crestwood Equity Partners LP New (CEQP) has a support level at 27.69 and a resistance level at 29.12. Check the full technical report for our detailed analysis of CEQP support and resistance levels.