Overall MLPG gets a technical rating of 7 out of 10. Although MLPG is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 88% of all other stocks performed better in the past year than MLPG.
- Warning: MLPG has an average volume of 884 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- In the last month MLPG has a been trading in the 9.40 - 12.74 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- MLPG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MLPG is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MLPG has an excellent technical rating, it 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.
More info and screens
8.89
4 important support areas can be observed.
- A support zone ranging from 10.95 to 11.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.15 to 10.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.44 from a trend line in the daily time frame.
- Support @8.98 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.49 to 12.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for MLPG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLPG is up. |
| ChartMill Relative Strength | 12.93 | NEGATIVE | MLPG has a low relative strength, it was outperformed by 87.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLPG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MLPG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MLPG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.37 | OVERBOUGHT | The high RSI value suggests MLPG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests MLPG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.19 | OVERBOUGHT | The high Stochastics value suggests MLPG may be overbought. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for MLPG suggests some volalility. |
Alerian Natural Gas MLP ETN UBS E-Tracs
NYSEARCA:MLPG (11/23/2020, 8:04:00 PM)
12.38
-0.1 (-0.84%)
Alerian Natural Gas MLP ETN UBS E-Tracs / MLPG FAQ
Can you provide the ChartMill technical rating for Alerian Natural Gas MLP ETN UBS E-Tracs?
ChartMill assigns a technical rating of 7 / 10 to MLPG.
Can you provide the trend direction for Alerian Natural Gas MLP ETN UBS E-Tracs?
The current trend direction for Alerian Natural Gas MLP ETN UBS E-Tracs (MLPG) is Bullish.
What is the RSI signal for MLPG stock?
Alerian Natural Gas MLP ETN UBS E-Tracs (MLPG) has an RSI value of 71.3686. This indicates that the stock is currently overbought.
What is the MACD signal for Alerian Natural Gas MLP ETN UBS E-Tracs (MLPG) stock?
The MACD indicator for Alerian Natural Gas MLP ETN UBS E-Tracs (MLPG) has a value of 0.161788, indicating a bearish trend.
What is the buy/sell signal for MLPG stock?
The buy/sell signal for Alerian Natural Gas MLP ETN UBS E-Tracs (MLPG) is buy as both the short term and long term trends are positive.