GREEN PLAINS PARTNERS LP (GPP) Stock Technical Analysis
NASDAQ:GPP - Nasdaq - US3932211069 - Currency: USD
We assign a technical rating of 1 out of 10 to GPP. GPP'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GPP is a bad performer in the overall market: 75% of all stocks are doing better.
GPP is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 60% of 208 stocks in the same industry do better.
GPP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GPP has a been trading in the 11.80 - 13.97 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
GPP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 12.24, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GPP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.77
13.80
We found 1 important support area.
- A support zone ranging from 11.89 to 12.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 12.59 to 13.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.66 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for GPP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GPP is down. |
| ChartMill Relative Strength | 25.01 | NEGATIVE | GPP has a low relative strength, it was outperformed by 74.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GPP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GPP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GPP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.55 | NEUTRAL | The RSI value for GPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GPP has a negative trend. |
| Stochastics (14,3) | 14.93 | OVERSOLD | The low Stochastics value suggests GPP may be oversold. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for GPP suggests some volalility. |
| Average Directional Index/ADX (14) | 11.85 | NEGATIVE | The low ADX value for GPP 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)
12.31
-0.06 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.53%
1 Week-3.3%
2 Weeks-4.13%
1 Month3.45%
3 Month-7.65%
6 Month-9.82%
12 Month-7.58%
2 Year-19.01%
3 Year26%
5 Year-19.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%3.32%
ATR Inc6.49%
Range Today0.44
ADR(20)0.4
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.01
Mansfield-1.51
10 Day High13
10 Day Low12.15
20 Day High13.97
20 Day Low11.8
52 Week High16.25
52 Week Low11.72
CS1 End12.24
CR1 Start12.59
Volume & EV
DER(3)11.67%
DER(5)5.82%
Volume257.40K
Volume Incr202.19%
Vol(5)288.30K
Vol(50)113.91K