ETRACS 150% ALERIAN MLP ETN (MLPR) Stock Technical Analysis
NYSEARCA:MLPR - NYSE Arca - US90269A2785 - ETF - Currency: USD
Taking everything into account, MLPR scores 2 out of 10 in our technical rating. MLPR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: MLPR has an average volume of 1346 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 neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, MLPR outperforms 43% of them, which is more or less in line with the market.
MLPR 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 MLPR is lagging the market slightly.
In the last month MLPR has a been trading in the 55.36 - 62.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MLPR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
52.16
69.25
We found 3 important support areas.
- Support @56.95 from a trend line in the daily time frame.
- A support zone ranging from 53.84 to 54.78. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 52.69 to 52.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 59.86 to 61.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @68.56 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 | NEUTRAL | NEUTRAL | The long term trend for MLPR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MLPR is neutral. |
| ChartMill Relative Strength | 43.88 | NEUTRAL | MLPR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MLPR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLPR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MLPR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.06 | NEUTRAL | The RSI value for MLPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests MLPR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.45 | NEUTRAL | The Stochastics value for MLPR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for MLPR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.4 | NEUTRAL | The ADX value for MLPR suggests a possible start of a new 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)
NYSEARCA:MLPR (5/22/2025, 8:25:58 PM)
59.3449
-0.11 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.19%
1 Week-3.19%
2 Weeks4.33%
1 Month-1.08%
3 Month-12.43%
6 Month-5.55%
12 Month7.89%
2 Year43.11%
3 Year38.16%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.4
ATR(20)%2.33%
ATR Inc-43.46%
Range Today0.24
ADR(20)0.99
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.88
Mansfield-0.35
10 Day High61.33
10 Day Low57.38
20 Day High62.72
20 Day Low55.36
52 Week High73.37
52 Week Low50.72
CS1 End56.95
CR1 Start59.86
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-27.93%
Vol(5)800
Vol(50)1.35K