Gaslog Partners LP (GLOP)

MHY2687W1084

8.63  -0.01 (-0.12%)

Premarket: 8 -0.63 (-7.3%)

Technical Rating and Analysis

9

Overall GLOP gets a technical rating of 9 out of 10. GLOP 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.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GLOP is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by GLOP over the past year are nicely spread over this period.
GLOP is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 88% of 214 stocks in the same industry.
GLOP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GLOP is performing more or less in line with the market.
In the last month GLOP has a been trading in a tight range between 8.54 and 8.65.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
GLOP Weekly chart
GLOP Daily chart
Setup Rating and Analysis

9

Besides having an excellent technical rating, GLOP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.63, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GLOP in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

7.14

9.30

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 8.53 to 8.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @8.30 from a horizontal line in the daily time frame.
  • A support zone ranging from 8.10 to 8.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @7.21 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 9.16 to 9.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.93
Mansfield0.37
10 Day High8.65
10 Day Low8.58
20 Day High8.65
20 Day Low8.54
52 Week High9.27
52 Week Low4.7
Performance
1 Week0.12%
2 Weeks0.35%
1 Month0.82%
3 Month1.89%
6 Month25.07%
12 Month67.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)64.86
LBB8.58
UBB8.65
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
8.668.570.09 (1.04%)25.00%
An entry @8.66. This is a Buy Stop order right above the 10 day high.An exit @8.57. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.09 points, which is 1.04%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.26%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GLOP Daily chart

Gaslog Partners LP

NYSE:GLOP (7/12/2023, 7:11:22 PM)

Premarket: 8 -0.63 (-7.3%)

8.63

-0.01 (-0.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.12%
1 Week0.12%
2 Weeks0.35%
1 Month0.82%
3 Month1.89%
6 Month25.07%
12 Month67.9%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%0.33%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.65
10 Day Low8.58
20 Day High8.65
20 Day Low8.54
52 Week High9.27
52 Week Low4.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.01M
Volume Incr409.07%
Vol(5)1.57M
Vol(50)430.94K