DELEK LOGISTICS PARTNERS LP (DKL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DKL - US24664T1034
Taking everything into account, DKL scores 1 out of 10 in our technical rating. DKL 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.
Although the technical rating is bad, DKL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 44.19, a Stop Loss order could be placed below this zone.
More info and screens
41.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 43.85 to 44.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 42.07 to 42.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 44.73 to 46.61. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for DKL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DKL is down. |
| ChartMill Relative Strength | 55.94 | NEUTRAL | DKL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DKL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DKL is below a declining 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) | 41.78 | NEUTRAL | The RSI value for DKL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests DKL has a negative trend. |
| Stochastics (14,3) | 14.29 | OVERSOLD | The low Stochastics value suggests DKL may be oversold. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for DKL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.36 | NEGATIVE | The low ADX value for DKL suggests a weak or negative trend. |
44.22
+0.04 (+0.09%)
DELEK LOGISTICS PARTNERS LP / DKL FAQ
What is the ChartMill technical rating of DELEK LOGISTICS PARTNERS LP (DKL) stock?
ChartMill assigns a technical rating of 1 / 10 to DKL.
Can you provide the trend direction for DELEK LOGISTICS PARTNERS LP?
The current trend direction for DELEK LOGISTICS PARTNERS LP (DKL) is Bearish.
What is the RSI signal for DKL stock?
DELEK LOGISTICS PARTNERS LP (DKL) has an RSI value of 41.7835. This indicates that the stock is currently neutral.
What is the MACD signal for DELEK LOGISTICS PARTNERS LP (DKL) stock?
The MACD indicator for DELEK LOGISTICS PARTNERS LP (DKL) has a value of -0.203116, indicating a bearish trend.