Taking everything into account, EVEP scores 0 out of 10 in our technical rating. EVEP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of EVEP 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.
0.13
We found 1 important resistance area.
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 | DOWN | NEGATIVE | The long term trend for EVEP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVEP is down. |
| ChartMill Relative Strength | 1.51 | NEGATIVE | EVEP has a low relative strength, it was outperformed by 98.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVEP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVEP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVEP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.06 | NEUTRAL | The RSI value for EVEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EVEP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.26 | NEUTRAL | The Stochastics value for EVEP is a neutral value. |
| Average True Range in percent/ATR (20) | 11.21 | HIGH VOLATILITY | The high ATR as a percentage value for EVEP suggests high volalility. |
0.128
0 (-2.29%)
ChartMill assigns a technical rating of 0 / 10 to EVEP.
The current trend direction for EV ENERGY PARTNERS LP (EVEP) is Bearish.
EV ENERGY PARTNERS LP (EVEP) has an RSI value of 35.0553. This indicates that the stock is currently neutral.
The MACD indicator for EV ENERGY PARTNERS LP (EVEP) has a value of 0.00838312, indicating a bearish trend.
The buy/sell signal for EV ENERGY PARTNERS LP (EVEP) is sell as both the short term and long term trends are negative.