Crestwood Equity Partners LP New (CEQP) Stock Technical Analysis
NYSE:CEQP - New York Stock Exchange, Inc. - US2263442087 - Currency: USD
We assign a technical rating of 4 out of 10 to CEQP. CEQP has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
CEQP is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. CEQP outperforms 81% of them.
CEQP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CEQP is performing more or less in line with the market.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that CEQP is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month CEQP has a been trading in the 26.69 - 29.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
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
31.21
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. |
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)
28.26
+1.18 (+4.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4.36%
1 Week2.06%
2 Weeks-3.81%
1 Month-0.74%
3 Month5.84%
6 Month18%
12 Month-3.75%
2 Year10.56%
3 Year73.27%
5 Year-4.85%
10 Year-81.63%
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%2.12%
ATR Inc71.19%
Range Today0.85
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.33
Mansfield0.19
10 Day High29.06
10 Day Low26.69
20 Day High29.78
20 Day Low26.69
52 Week High30.16
52 Week Low22.11
CS1 End27.69
CR1 Start29.12
Volume & EV
DER(3)-0.11%
DER(5)-2.02%
Volume4.39M
Volume Incr287.37%
Vol(5)1.62M
Vol(50)643.34K