MARTIN MIDSTREAM PARTNERS LP (MMLP) Stock Technical Analysis
NASDAQ:MMLP - Nasdaq - US5733311055 - Currency: USD
We assign a technical rating of 1 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: 81% of all stocks are doing better.
MMLP is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 69% are performing better than MMLP.
MMLP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
MMLP is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
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. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MMLP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.61
3.52
3 important support areas can be observed.
- A support zone ranging from 2.97 to 3.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.73 from a trend line in the weekly time frame.
- A support zone ranging from 2.64 to 2.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 3.04 to 3.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.21 to 3.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.37 from a horizontal line in the daily time frame.
- Resistance @3.49 from a trend 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 | DOWN | NEGATIVE | The long term trend for MMLP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MMLP is down. |
| ChartMill Relative Strength | 19.62 | NEGATIVE | MMLP has a low relative strength, it was outperformed by 80.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MMLP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MMLP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MMLP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.66 | NEUTRAL | The RSI value for MMLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MMLP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.89 | NEUTRAL | The Stochastics value for MMLP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for MMLP suggests some volalility. |
| Average Directional Index/ADX (14) | 21.38 | NEUTRAL | The ADX value for MMLP 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)
NASDAQ:MMLP (7/11/2025, 8:00:00 PM)
3.02
+0.01 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.33%
1 Week-1.15%
2 Weeks0.67%
1 Month-3.82%
3 Month8.24%
6 Month-7.08%
12 Month-16.69%
2 Year18.66%
3 Year-32.21%
5 Year59.79%
10 Year-90.15%
15 Year-90.9%
Volatility
ATR(14)0.08
ATR(20)%3.6%
ATR Inc-49.81%
Range Today0.05
ADR(20)0.1
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.62
Mansfield-2.06
10 Day High3.1
10 Day Low2.95
20 Day High3.47
20 Day Low2.95
52 Week High4.13
52 Week Low2.56
CS1 End3.01
CR1 Start3.04
Volume & EV
DER(3)5.59%
DER(5)2.09%
Volume4.40K
Volume Incr-86.86%
Vol(5)7.32K
Vol(50)48.20K