ALERIAN MIDSTRM ENRGY DIV (MMLP.MI) Stock Technical Analysis
Europe - BIT:MMLP - IE00BKPTXQ89 - ETF
14.06 EUR
-0.12 (-0.87%)
We assign a technical rating of 0 out of 10 to MMLP. MMLP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MMLP is a bad performer in the overall market: 61% of all stocks are doing better.
Warning: MMLP has an average volume of 5298 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month MMLP has a been trading in the 13.77 - 14.71 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MMLP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MMLP is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MMLP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.93, a Stop Loss order could be placed below this zone.
More info and screens
13.37
15.03
We found 2 important support areas.
- A support zone ranging from 13.93 to 13.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 13.51 to 13.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.10 to 14.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.70 to 14.88. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for MMLP.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MMLP.MI is down. |
| ChartMill Relative Strength | 39.8 | NEUTRAL | MMLP.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MMLP.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MMLP.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MMLP.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.82 | NEUTRAL | The RSI value for MMLP.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MMLP.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.56 | NEUTRAL | The Stochastics value for MMLP.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for MMLP.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 20.93 | NEUTRAL | The ADX value for MMLP.MI 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)
BIT:MMLP (9/11/2025, 7:00:00 PM)
14.06
-0.12 (-0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.87%
1 Week0.51%
2 Weeks-0.03%
1 Month-3.46%
3 Month-8.09%
6 Month-11.33%
12 Month12.99%
2 Year21.46%
3 Year19.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%1.51%
ATR Inc-38.57%
Range Today0.17
ADR(20)0.17
ADR(20)%1.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.8
Mansfield-1.37
10 Day High14.31
10 Day Low13.84
20 Day High14.71
20 Day Low13.77
52 Week High17.3
52 Week Low12.3
CS1 End13.93
CR1 Start14.1
Volume & EV
DER(3)0%
DER(5)0%
Volume6.41K
Volume Incr-50.46%
Vol(5)2.36K
Vol(50)5.30K