ALERIAN MIDSTRM ENRGY DIV (MMLP.MI) Stock Technical Analysis
BIT:MMLP - Euronext Milan - IE00BKPTXQ89 - ETF - Currency: EUR
Taking everything into account, MMLP scores 3 out of 10 in our technical rating. Although MMLP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Warning: MMLP has an average volume of 8111 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that MMLP is one of the better performing stocks in the market, outperforming 70% of all stocks. On top of that, MMLP also shows a nice and consistent pattern of rising prices. However, we also see that MMLP couldn't keep up this performance in the last couple of months.
MMLP 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 MMLP is lagging the market slightly.
In the last month MMLP has a been trading in the 13.77 - 16.28 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.
MMLP has a bad technical rating, but it does show 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 14.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.79, a Stop Loss order could be placed below this zone.
More info and screens
13.37
16.75
When analyzing the support we notice one important area.
- A support zone ranging from 13.51 to 13.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 14.89 to 15.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.53 to 15.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 16.55 to 16.58. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.24
Mansfield-0.13
10 Day High15.2
10 Day Low13.77
20 Day High16.28
20 Day Low13.77
52 Week High17.3
52 Week Low11.44
Performance
1 Week5.46%
2 Weeks-4.35%
1 Month-4.35%
3 Month-7.95%
6 Month9.54%
12 Month28.04%
2 Year35.73%
3 Year46.27%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)47.34
LBB13.34
UBB16.25
BIT:MMLP (5/16/2025, 7:00:00 PM)
14.876
+0.11 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.72%
1 Week5.46%
2 Weeks-4.35%
1 Month-4.35%
3 Month-7.95%
6 Month9.54%
12 Month28.04%
2 Year35.73%
3 Year46.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%3.25%
ATR Inc-60.25%
Range Today0.16
ADR(20)0.34
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.24
Mansfield-0.13
10 Day High15.2
10 Day Low13.77
20 Day High16.28
20 Day Low13.77
52 Week High17.3
52 Week Low11.44
CS1 End13.79
CR1 Start14.89
Volume & EV
DER(3)0%
DER(5)0%
Volume2.92K
Volume Incr-31.98%
Vol(5)4.59K
Vol(50)8.11K