DELEK LOGISTICS PARTNERS LP (DKL) Technical Analysis
NYSE:DKL • US24664T1034
Current stock price
DKL Technical Rating and Analysis
Taking everything into account, DKL scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DKL is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, DKL did better than 78% of all other stocks. On top of that, DKL also shows a nice and consistent pattern of rising prices.
- DKL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DKL is lagging the market slightly.
- In the last month DKL has a been trading in the 47.72 - 54.28 range, which is quite wide. It is currently trading near the high of this range.
- DKL is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 45% of 209 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DKL Weekly and Daily overview Charts
DKL Setup Rating and Analysis
Although DKL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
DKL Support and Resistance Analysis
42.62
When analyzing the support we can see 5 important areas.
- A support zone ranging from 51.12 to 51.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.56 to 50.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.04 from a trend line in the daily time frame.
- Support @43.98 from a horizontal line in the daily time frame.
- Support @43.05 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 54.93 to 54.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
DKL 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 DKL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DKL is up. |
| ChartMill Relative Strength | 78.34 | POSITIVE | DKL has a high relative strength, it outperformed 78.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DKL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DKL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DKL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.92 | NEUTRAL | The RSI value for DKL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests DKL has a positive trend. |
| Stochastics (14,3) | 96.16 | OVERBOUGHT | The high Stochastics value suggests DKL may be overbought. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for DKL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.52 | POSITIVE | The high ADX value value for DKL suggests a strong trend. |
DKL Chart- and CandleStick Pattern Analysis
DKL Technicals: Chart, Performance Metrics, Trend & Indicators
53.95
+0.82 (+1.54%)
DELEK LOGISTICS PARTNERS LP / DKL TA FAQ
What is the ChartMill technical rating of DELEK LOGISTICS PARTNERS LP (DKL) stock?
ChartMill assigns a technical rating of 9 / 10 to DKL.
What is the current trend direction of DELEK LOGISTICS PARTNERS LP (DKL) stock?
The current trend direction for DELEK LOGISTICS PARTNERS LP (DKL) is Bullish.
What is the RSI signal for DELEK LOGISTICS PARTNERS LP (DKL) stock?
DELEK LOGISTICS PARTNERS LP (DKL) has an RSI value of 64.9224. This indicates that the stock is currently neutral.
What is the short term momentum for DELEK LOGISTICS PARTNERS LP (DKL) stock?
The short term momentum for DELEK LOGISTICS PARTNERS LP (DKL) is positive.
Can you provide the buy/sell signal for DELEK LOGISTICS PARTNERS LP?
The buy/sell signal for DELEK LOGISTICS PARTNERS LP (DKL) is buy as both the short term and long term trends are positive.