CHENIERE ENERGY PARTNERS LP (CQP) Stock Technical Analysis
USA - NYSE:CQP - US16411Q1013
52.05 USD
-1.22 (-2.29%)
52.1 USD
+0.05 (+0.1%)
We assign a technical rating of 0 out of 10 to CQP. CQP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CQP is a bad performer in the overall market: 75% of all stocks are doing better.
CQP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CQP has a been trading in the 52.00 - 55.75 range, which is quite wide. It is currently trading near the lows of this range.
CQP is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, CQP did better than 49% of them.
The technical rating of CQP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
51.38
61.61
We found 1 important support area.
- A support zone ranging from 51.90 to 52.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 53.66 to 55.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 56.85 to 57.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @59.50 from a horizontal line in the daily time frame.
- Resistance @61.00 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for CQP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CQP is down. |
| ChartMill Relative Strength | 25.98 | NEGATIVE | CQP has a low relative strength, it was outperformed by 74.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CQP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CQP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CQP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.99 | NEUTRAL | The RSI value for CQP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests CQP has a negative trend. |
| Stochastics (14,3) | 5.52 | OVERSOLD | The low Stochastics value suggests CQP may be oversold. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for CQP suggests low volalility. |
| Average Directional Index/ADX (14) | 17.11 | NEGATIVE | The low ADX value for CQP suggests a weak or negative 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)
52.05
-1.22 (-2.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.29%
1 Week-3.58%
2 Weeks-6.01%
1 Month-4.86%
3 Month-9.85%
6 Month-17.92%
12 Month6.62%
2 Year-3.95%
3 Year-2.46%
5 Year56.49%
10 Year97.61%
15 Year178.64%
Volatility
ATR(14)0.89
ATR(20)%1.8%
ATR Inc2.53%
Range Today1.29
ADR(20)0.94
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.98
Mansfield-1.73
10 Day High55.75
10 Day Low52
20 Day High55.75
20 Day Low52
52 Week High68.42
52 Week Low47.55
CS1 End52.04
CR1 Start53.66
Volume & EV
DER(3)-1.49%
DER(5)0.19%
Volume153.70K
Volume Incr-3.45%
Vol(5)82.42K
Vol(50)118.40K