CAPITAL PRODUCT PARTNERS LP (CPLP)

MHY110822068

16.65  +0.45 (+2.78%)

Technical Rating and Analysis

1

Overall CPLP gets a technical rating of 1 out of 10. CPLP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

CPLP is part of the Marine Transportation industry. There are 29 other stocks in this industry, of which 64% are performing better than CPLP.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, CPLP did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CPLP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CPLP is lagging the market slightly.
In the last month CPLP has a been trading in the 15.36 - 17.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CPLP Weekly chart
CPLP Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, CPLP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.75. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

13.56

18.66

We found 3 important support areas.

  • A support zone ranging from 16.48 to 16.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @16.15 from a horizontal line in the daily time frame.
  • Support @13.70 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 16.75 to 17.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 18.35 to 18.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.73
Mansfield-0.02
10 Day High17.34
10 Day Low15.66
20 Day High17.54
20 Day Low15.36
52 Week High18.85
52 Week Low12.02
Performance
1 Week-1.48%
2 Weeks1.03%
1 Month-4.31%
3 Month-8.77%
6 Month21.89%
12 Month31.41%
2 Year13.19%
3 Year30.79%
5 Year52.33%
10 Year-78.38%
15 Year-73.42%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)45.33
LBB16.09
UBB17.32
CPLP Daily chart

CAPITAL PRODUCT PARTNERS LP

NASDAQ:CPLP (4/26/2024, 7:00:00 PM)

16.65

+0.45 (+2.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg2.78%
1 Week-1.48%
2 Weeks1.03%
1 Month-4.31%
3 Month-8.77%
6 Month21.89%
12 Month31.41%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.74
ATR(20)%3.7%
ATR Inc
Range Today0.44
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.34
10 Day Low15.66
20 Day High17.54
20 Day Low15.36
52 Week High18.85
52 Week Low12.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume17.50K
Volume Incr-47.64%
Vol(5)11.56K
Vol(50)49.53K