DCP Midstream LP (DCP)
US23311P1003
Taking everything into account, DCP scores 7 out of 10 in our technical rating. DCP has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DCP did better than 87% of all other stocks.
DCP is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. DCP outperforms 76% of them.
DCP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DCP is leading the market.
In the last month DCP has a been trading in a tight range between 41.40 and 41.73.
Volume is considerably higher in the last couple of days.
Although DCP has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
34.12
42.51
We found 3 important support areas.
- A support zone ranging from 41.41 to 41.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.11 to 38.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @34.46 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 41.98 to 42.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.9
Mansfield-0.22
10 Day High41.73
10 Day Low41.4
20 Day High41.73
20 Day Low41.4
52 Week High42.15
52 Week Low26.44
Performance
1 Week0.26%
2 Weeks0.24%
1 Month0.55%
3 Month0.65%
6 Month7.61%
12 Month41.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.02
RSI(14)63.28
LBB41.54
UBB41.67
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 |
|---|---|---|---|
| 41.74 | 41.39 | 0.35 (0.84%) | 25.00% |
| An entry @41.74. This is a Buy Stop order right above the 10 day high. | An exit @41.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.35 points, which is 0.84%. | For a 0.21% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
DCP Midstream LP
NYSE:DCP (6/14/2023, 7:24:35 PM)
After market: 41.7 +0.01 (+0.02%)41.69
+0.03 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.07%
1 Week0.26%
2 Weeks0.24%
1 Month0.55%
3 Month0.65%
6 Month7.61%
12 Month41.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%0.17%
ATR Inc
Range Today0.05
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 High41.73
10 Day Low41.4
20 Day High41.73
20 Day Low41.4
52 Week High42.15
52 Week Low26.44
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.52M
Volume Incr740.03%
Vol(5)4.05M
Vol(50)992.52K