CHENIERE ENERGY PARTNERS LP (CQP) Technical Analysis
NYSE:CQP • US16411Q1013
Current stock price
64.63 USD
-2.49 (-3.71%)
At close:
64.8 USD
+0.17 (+0.26%)
After Hours:
CQP Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to CQP. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CQP is only an average performer.
- CQP is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 71% of 209 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- CQP 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 CQP is performing more or less in line with the market.
- When comparing the yearly performance of all stocks, we notice that CQP is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month CQP has a been trading in the 61.48 - 70.64 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.
CQP Weekly and Daily overview Charts
CQP Setup Rating and Analysis
Besides having an excellent technical rating, CQP also presents a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CQP Support and Resistance Analysis
50.98
67.70
We found 3 important support areas.
- Support @63.17 from a trend line in the daily time frame.
- A support zone ranging from 55.20 to 55.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 51.49 to 51.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 66.92 to 67.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CQP 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CQP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CQP is up. |
| ChartMill Relative Strength | 71.06 | POSITIVE | CQP has a high relative strength, it outperformed 71.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CQP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CQP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CQP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.17 | NEUTRAL | The RSI value for CQP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests CQP has a negative trend. |
| Stochastics (14,3) | 42.73 | NEUTRAL | The Stochastics value for CQP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for CQP suggests some volalility. |
| Average Directional Index/ADX (14) | 35.72 | POSITIVE | The high ADX value value for CQP suggests a strong trend. |
CQP 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)
CQP Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 67.04 | 63.16 | 3.88 (5.79%) | 17.28% |
| An entry @67.04. This is a Buy Stop order right above the resistance zone. | An exit @63.16. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.88 points, which is 5.79%. | When investing 17.28% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CQP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CQP Technicals: Chart, Performance Metrics, Trend & Indicators
64.63
-2.49 (-3.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.71%
1 Week-7.86%
2 Weeks2.25%
1 Month4.29%
3 Month19.69%
6 Month20.22%
12 Month12.44%
2 Year30.86%
3 Year36.58%
5 Year55.55%
10 Year124.1%
15 Year238.55%
Volatility
ATR(14)2.7
ATR(20)%3.75%
ATR Inc41.95%
Range Today4.05
ADR(20)2.31
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.06
3 months CRS91.28
6 months CRS88.35
Mansfield1.26
10 Day High70.64
10 Day Low61.76
20 Day High70.64
20 Day Low61.48
52 Week High70.64
52 Week Low49.53
CS1 End63.17
CR1 Start66.92
Volume & EV
DER(3)-3%
DER(5)-2.06%
Volume282.30K
Volume Incr66.82%
Vol(5)242.46K
Vol(50)128.56K
CHENIERE ENERGY PARTNERS LP / CQP TA FAQ
What is the technical rating for CQP stock?
ChartMill assigns a technical rating of 8 / 10 to CQP.
What is the current trend direction of CHENIERE ENERGY PARTNERS LP (CQP) stock?
The current trend direction for CHENIERE ENERGY PARTNERS LP (CQP) is Bullish.
What is the RSI signal for CHENIERE ENERGY PARTNERS LP (CQP) stock?
CHENIERE ENERGY PARTNERS LP (CQP) has an RSI value of 51.1742. This indicates that the stock is currently neutral.
What is the MACD signal for CQP stock?
The MACD indicator for CHENIERE ENERGY PARTNERS LP (CQP) has a value of -0.239535, indicating a bearish trend.
What is the buy/sell signal for CQP stock?
The buy/sell signal for CHENIERE ENERGY PARTNERS LP (CQP) is buy as both the short term and long term trends are positive.