KIMBELL ROYALTY PARTNERS LP (KRP)

US49435R1023

16.08  +0.08 (+0.5%)

After market: 16.08 0 (0%)

Technical Rating and Analysis

4

Overall KRP gets a technical rating of 4 out of 10. KRP has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

KRP is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, of which 62% are performing better than KRP.
In the last month KRP has a been trading in the 15.52 - 16.53 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, KRP turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
KRP 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 KRP is lagging the market slightly.
Weekly and Daily overview Charts
KRP Weekly chart
KRP Daily chart
Setup Rating and Analysis

7

KRP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.03, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • 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

13.98

17.02

We found 4 important support areas.

  • A support zone ranging from 15.70 to 16.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Strong support @15.29 from a horizontal line in the daily time frame.
  • Support @14.61 from a horizontal line in the daily time frame.
  • A support zone ranging from 14.12 to 14.37. 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 16.24 to 16.85. 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
CRS54.95
Mansfield-0.62
10 Day High16.34
10 Day Low15.52
20 Day High16.53
20 Day Low15.52
52 Week High17.11
52 Week Low14.02
Performance
1 Week-0.31%
2 Weeks-0.06%
1 Month-0.37%
3 Month8.14%
6 Month-3.13%
12 Month3.34%
2 Year-15.19%
3 Year26.51%
5 Year-4.91%
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)-0.03
RSI(14)54.5
LBB15.7
UBB16.25
KRP Daily chart

KIMBELL ROYALTY PARTNERS LP

NYSE:KRP (5/3/2024, 7:04:00 PM)

After market: 16.08 0 (0%)

16.08

+0.08 (+0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.5%
1 Week-0.31%
2 Weeks-0.06%
1 Month-0.37%
3 Month8.14%
6 Month-3.13%
12 Month3.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.29
ATR(20)%1.86%
ATR Inc
Range Today0.33
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 High16.34
10 Day Low15.52
20 Day High16.53
20 Day Low15.52
52 Week High17.11
52 Week Low14.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume258.90K
Volume Incr9.05%
Vol(5)281.04K
Vol(50)292.75K