We assign a technical rating of 4 out of 10 to MLPN. In the last year, MLPN was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
MLPN 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 20.97. Right above this resistance zone may be a good entry point.
More info and screens
20.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.81 to 20.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.26 to 20.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.97 to 21.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.55 to 22.05. 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 MLPN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MLPN is neutral. |
| ChartMill Relative Strength | 51.58 | NEUTRAL | MLPN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MLPN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MLPN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MLPN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.67 | NEUTRAL | The RSI value for MLPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MLPN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.32 | NEUTRAL | The Stochastics value for MLPN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for MLPN suggests some volalility. |
Credit Suisse Cushing 30 MLP Index ETN
NYSEARCA:MLPN (11/25/2016, 8:05:56 PM)
20.88
-0.43 (-2.02%)
Credit Suisse Cushing 30 MLP Index ETN / MLPN FAQ
What is the technical rating for MLPN stock?
ChartMill assigns a technical rating of 4 / 10 to MLPN.
Can you provide the trend direction for Credit Suisse Cushing 30 MLP Index ETN?
The current trend direction for Credit Suisse Cushing 30 MLP Index ETN (MLPN) is Bullish.
Can you provide the RSI signal for Credit Suisse Cushing 30 MLP Index ETN?
Credit Suisse Cushing 30 MLP Index ETN (MLPN) has an RSI value of 47.6719. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Credit Suisse Cushing 30 MLP Index ETN?
The MACD indicator for Credit Suisse Cushing 30 MLP Index ETN (MLPN) has a value of 0.0582612, indicating a bearish trend.
What is the short term momentum for Credit Suisse Cushing 30 MLP Index ETN (MLPN) stock?
The short term momentum for Credit Suisse Cushing 30 MLP Index ETN (MLPN) is neutral.