GLOBAL X MLP & ENERGY INFRAS (MLPX) Technical Analysis
NYSEARCA:MLPX • US37954Y2937
Current stock price
MLPX Technical Rating and Analysis
Taking everything into account, MLPX scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MLPX is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- MLPX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MLPX is leading the market.
- MLPX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that MLPX is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this relatively good performance is mostly due to a recent big move.
MLPX Weekly and Daily overview Charts
MLPX Setup Rating and Analysis
MLPX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 72.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 72.20, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MLPX in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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.
More info and screens
MLPX Support and Resistance Analysis
57.26
4 important support areas can be observed.
- A support zone ranging from 71.42 to 72.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 61.13 to 62.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 59.50 to 59.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 57.84 to 58.55. 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 72.64 to 72.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
MLPX Technical Indicator Signal Analysis
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 MLPX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLPX is up. |
| ChartMill Relative Strength | 79.71 | POSITIVE | MLPX has a high relative strength, it outperformed 79.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLPX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MLPX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MLPX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.3 | OVERBOUGHT | The high RSI value suggests MLPX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests MLPX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 76.88 | NEUTRAL | The Stochastics value for MLPX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for MLPX suggests low volalility. |
| Average Directional Index/ADX (14) | 52.58 | POSITIVE | The high ADX value value for MLPX suggests a strong trend. |
MLPX Chart- and CandleStick Pattern Analysis
MLPX Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 72.92 | 71.41 | 1.51 (2.07%) | 25.00% |
| An entry @72.92. This is a Buy Stop order right above the resistance zone. | An exit @71.41. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.51 points, which is 2.07%. | For a 0.52% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MLPX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MLPX Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:MLPX (3/17/2026, 8:04:00 PM)
72.57
+0.24 (+0.33%)
GLOBAL X MLP & ENERGY INFRAS / MLPX TA FAQ
What is the ChartMill technical rating of GLOBAL X MLP & ENERGY INFRAS (MLPX) stock?
ChartMill assigns a technical rating of 8 / 10 to MLPX.
Can you provide the trend direction for GLOBAL X MLP & ENERGY INFRAS?
The current trend direction for GLOBAL X MLP & ENERGY INFRAS (MLPX) is Bullish.
What is the RSI signal for GLOBAL X MLP & ENERGY INFRAS (MLPX) stock?
GLOBAL X MLP & ENERGY INFRAS (MLPX) has an RSI value of 70.2956. This indicates that the stock is currently overbought.
What is the short term momentum for GLOBAL X MLP & ENERGY INFRAS (MLPX) stock?
The short term momentum for GLOBAL X MLP & ENERGY INFRAS (MLPX) is positive.
What is the support and resistance level for MLPX stock?
GLOBAL X MLP & ENERGY INFRAS (MLPX) has a support level at 72.2 and a resistance level at 72.64. Check the full technical report for our detailed analysis of MLPX support and resistance levels.