Logo image of MCEP

Mid-Con Energy Partn (MCEP) Stock Technical Analysis

NASDAQ:MCEP - Nasdaq -

5.52  -0.22 (-3.83%)

After market: 5.9 +0.38 (+6.88%)

Technical Rating and Analysis

6

Overall MCEP gets a technical rating of 6 out of 10. In the past year, MCEP was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

MCEP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MCEP is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month MCEP has a been trading in the 3.51 - 5.91 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, MCEP did better than 76% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
Mid-Con Energy Partn / MCEP Weekly stock chart
Mid-Con Energy Partn / MCEP Daily stock chart
Setup Rating and Analysis

3

MCEP has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

3.50

5.58

We found 1 important support area.

  • A support zone ranging from 3.54 to 3.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

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
CRS76.34
Mansfield-9.65
10 Day High5.91
10 Day Low4.16
20 Day High5.91
20 Day Low3.51
52 Week High1088
52 Week Low1.8
Performance
1 Week10.84%
2 Weeks28.37%
1 Month47.2%
3 Month165.39%
6 Month75.24%
12 Month-99.47%
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)0.09
RSI(14)70.12
LBB3.59
UBB5.75
Mid-Con Energy Partn / MCEP Daily stock chart

Mid-Con Energy Partn

NASDAQ:MCEP (1/20/2021, 8:00:00 PM)

After market: 5.9 +0.38 (+6.88%)

5.52

-0.22 (-3.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.83%
1 Week10.84%
2 Weeks28.37%
1 Month47.2%
3 Month165.39%
6 Month75.24%
12 Month-99.47%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%7.76%
ATR Inc65.56%
Range Today0.68
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.34
Mansfield-9.65
10 Day High5.91
10 Day Low4.16
20 Day High5.91
20 Day Low3.51
52 Week High1088
52 Week Low1.8
CS1 End3.56
CR1 StartN/A
Volume & EV
DER(3)-0.8%
DER(5)-3.02%
Volume225.90K
Volume Incr-76.41%
Vol(5)161.84K
Vol(50)347.51K