CHENIERE ENERGY PARTNERS LP (CQP) Stock Technical Analysis
NYSE:CQP - New York Stock Exchange, Inc. - US16411Q1013 - Currency: USD
Taking everything into account, CQP scores 0 out of 10 in our technical rating. CQP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
66% of all other stocks performed better in the past year than CQP.
In the last month CQP has a been trading in the 54.60 - 59.81 range, which is quite wide. It is currently trading near the lows of this range.
CQP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 62% of 213 stocks in the same industry.
CQP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CQP is lagging the market.
Volume is considerably higher in the last couple of days.
CQP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
46.22
61.89
We found 3 important support areas.
- Support @54.60 from a horizontal line in the daily time frame.
- Support @49.70 from a trend line in the weekly time frame.
- A support zone ranging from 46.69 to 46.70. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 56.52 to 58.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.00 to 61.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 34.16 | NEUTRAL | CQP is not amongst the best or worst performers 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) | UP | MIXED | The current price of CQP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.18 | NEUTRAL | The RSI value for CQP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests CQP has a negative trend. |
| Stochastics (14,3) | 14.76 | OVERSOLD | The low Stochastics value suggests CQP may be oversold. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for CQP suggests some volalility. |
| Average Directional Index/ADX (14) | 21.56 | NEUTRAL | The ADX value for CQP 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)
54.61
-1.79 (-3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.17%
1 Week-3.69%
2 Weeks-4.09%
1 Month-6.86%
3 Month-14.59%
6 Month2.09%
12 Month11.2%
2 Year18.36%
3 Year21.71%
5 Year56.12%
10 Year77.02%
15 Year220.11%
Volatility
ATR(14)1.69
ATR(20)%3.01%
ATR Inc18.73%
Range Today1.91
ADR(20)1.64
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.16
Mansfield-0.71
10 Day High59
10 Day Low54.6
20 Day High59.81
20 Day Low54.6
52 Week High68.42
52 Week Low47
CS1 End54.6
CR1 Start56.52
Volume & EV
DER(3)-2.67%
DER(5)-3.13%
Volume438.90K
Volume Incr149.05%
Vol(5)380.62K
Vol(50)170.93K