DELEK LOGISTICS PARTNERS LP (DKL) Technical Analysis
NYSE:DKL • US24664T1034
Current stock price
DKL Technical Rating and Analysis
Taking everything into account, DKL scores 3 out of 10 in our technical rating. Although DKL is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- DKL is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 67% are performing better than DKL.
- In the last month DKL has a been trading in the 47.72 - 54.81 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, DKL did better than 72% of all other stocks. On top of that, DKL also shows a nice and consistent pattern of rising prices.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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.
DKL Weekly and Daily overview Charts
DKL Setup Rating and Analysis
The technical rating of DKL is bad and it also does not present a quality setup 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
DKL Support and Resistance Analysis
42.33
We found 4 important support areas.
- A support zone ranging from 48.22 to 48.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.67 from a trend line in the daily time frame.
- A support zone ranging from 44.19 to 44.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 42.76 to 43.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important 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 | 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 | 72.19 | POSITIVE | DKL has a high relative strength, it outperformed 72.19% off all stocks 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) | 33.31 | NEUTRAL | The RSI value for DKL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests DKL has a negative trend. |
| Stochastics (14,3) | 25.48 | NEUTRAL | The Stochastics value for DKL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for DKL suggests some volalility. |
| Average Directional Index/ADX (14) | 26.54 | 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
48.75
-0.99 (-1.99%)
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 3 / 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 Bearish.
What is the RSI signal for DELEK LOGISTICS PARTNERS LP (DKL) stock?
DELEK LOGISTICS PARTNERS LP (DKL) has an RSI value of 33.3119. 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 negative.