CHENIERE ENERGY PARTNERS LP (CQP) Stock Technical Analysis
USA - NYSE:CQP - US16411Q1013
53.76 USD
+0.16 (+0.3%)
53.76 USD
0 (0%)
Overall CQP gets a technical rating of 1 out of 10. CQP 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
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.
When comparing the performance of all stocks over the past year, CQP turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
CQP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 62% of 211 stocks in the same industry.
In the last month CQP has a been trading in a tight range between 51.53 and 54.46.
Although the technical rating is bad, CQP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 53.46, a Stop Loss order could be placed below this zone.
More info and screens
51.04
61.61
We found 1 important support area.
- A support zone ranging from 51.56 to 53.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- Resistance @55.54 from a trend line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for CQP is neutral. |
| ChartMill Relative Strength | 46.11 | NEUTRAL | CQP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CQP is above 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) | 51.17 | NEUTRAL | The RSI value for CQP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests CQP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.44 | NEUTRAL | The Stochastics value for CQP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for CQP suggests low volalility. |
| Average Directional Index/ADX (14) | 12.16 | 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)
53.76
+0.16 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.3%
1 Week-0.5%
2 Weeks2.62%
1 Month-0.41%
3 Month-4.22%
6 Month-6.47%
12 Month8.08%
2 Year-3.59%
3 Year-10.59%
5 Year49.13%
10 Year91.93%
15 Year180.29%
Volatility
ATR(14)1.01
ATR(20)%1.81%
ATR Inc-43.88%
Range Today0.47
ADR(20)0.97
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
CRS46.11
Mansfield-1.58
10 Day High54.46
10 Day Low51.53
20 Day High54.46
20 Day Low51.53
52 Week High68.42
52 Week Low47.55
CS1 End53.46
CR1 Start55.54
Volume & EV
DER(3)-4.91%
DER(5)-3.01%
Volume47.20K
Volume Incr-20.53%
Vol(5)71.40K
Vol(50)92.82K