DELEK LOGISTICS PARTNERS LP (DKL) Stock Technical Analysis
NYSE:DKL - New York Stock Exchange, Inc. - US24664T1034 - Currency: USD
Overall DKL gets a technical rating of 7 out of 10. DKL 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, DKL did better than 74% of all other stocks.
DKL is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. DKL outperforms 80% of them.
In the last month DKL has a been trading in the 37.50 - 42.14 range, which is quite wide. It is currently trading near the high of this range.
DKL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DKL is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
DKL has an excellent technical rating, but the quality of the setup is only medium 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
35.67
46.65
3 important support areas can be observed.
- A support zone ranging from 39.95 to 40.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.73 from a trend line in the daily time frame.
- A support zone ranging from 36.03 to 36.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 42.54 to 43.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @44.03 from a horizontal line in the daily time frame.
- A resistance zone ranging from 44.95 to 45.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @46.19 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for DKL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DKL is up. |
| ChartMill Relative Strength | 74.96 | POSITIVE | DKL has a high relative strength, it outperformed 74.96% 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) | 61.78 | NEUTRAL | The RSI value for DKL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests DKL has a positive trend. |
| Stochastics (14,3) | 86.29 | OVERBOUGHT | The high Stochastics value suggests DKL may be overbought. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for DKL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.93 | NEGATIVE | The low ADX value for DKL 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)
42.11
+1.02 (+2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.48%
1 Week1.74%
2 Weeks11.31%
1 Month8.67%
3 Month5.22%
6 Month5.28%
12 Month5.94%
2 Year-21.73%
3 Year-21.47%
5 Year76.86%
10 Year-8.67%
15 YearN/A
Volatility
ATR(14)1.04
ATR(20)%2.57%
ATR Inc3.99%
Range Today1.14
ADR(20)1.04
ADR(20)%2.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.96
Mansfield0.17
10 Day High42.14
10 Day Low38.02
20 Day High42.14
20 Day Low37.5
52 Week High45.71
52 Week Low34.59
CS1 End40.88
CR1 Start42.54
Volume & EV
DER(3)0.6%
DER(5)1.3%
Volume151.80K
Volume Incr-48.82%
Vol(5)104.52K
Vol(50)219.49K