GLOBAL X MLP & ENERGY INFRAS (MLPX) Stock Technical Analysis
NYSEARCA:MLPX - NYSE Arca - US37954Y2937 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to MLPX. MLPX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, MLPX turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
MLPX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MLPX is lagging the market.
In the last month MLPX has a been trading in a tight range between 60.27 and 62.92.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, MLPX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 61.84, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
56.25
63.87
We found 2 important support areas.
- A support zone ranging from 59.78 to 60.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.82 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 61.13 to 61.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @63.24 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 MLPX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MLPX is neutral. |
| ChartMill Relative Strength | 57.27 | NEUTRAL | MLPX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MLPX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MLPX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MLPX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.69 | NEUTRAL | The RSI value for MLPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MLPX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.52 | NEUTRAL | The Stochastics value for MLPX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for MLPX suggests low volalility. |
| Average Directional Index/ADX (14) | 14.59 | NEGATIVE | The low ADX value for MLPX suggests a weak or negative 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:MLPX (7/21/2025, 10:41:06 AM)
60.77
-1.17 (-1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.89%
1 Week0.96%
2 Weeks0.18%
1 Month0.23%
3 Month2.24%
6 Month-6.22%
12 Month16.76%
2 Year43.08%
3 Year47.27%
5 Year149.06%
10 Year19.69%
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%1.64%
ATR Inc5.99%
Range Today1.3
ADR(20)0.98
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.27
Mansfield-0.42
10 Day High62.47
10 Day Low60.27
20 Day High62.92
20 Day Low60.27
52 Week High67.47
52 Week Low49.52
CS1 End61.84
CR1 Start63.24
Volume & EV
DER(3)0.69%
DER(5)-2.82%
Volume93.44K
Volume Incr62.67%
Vol(5)491.12K
Vol(50)332.82K