MACH NATURAL RESOURCES LP (MNR)
US55445L1008
Overall MNR gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MNR is a bad performer.
100% of all other stocks performed better in the past year than MNR.
MNR is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, of which 97% are performing better than MNR.
The long and short term trends are both positive. This is looking good!
In the last month MNR has a been trading in the 19.26 - 21.19 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.
Considerably lower volume is observed in the last couple of days.
MNR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 20.36, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
17.90
21.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.22 to 19.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.57 to 18.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.08 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.17 to 20.36. 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 20.76 to 20.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High21.19
10 Day Low19.72
20 Day High21.19
20 Day Low19.26
52 Week HighN/A
52 Week LowN/A
Performance
1 Week1.82%
2 Weeks3.82%
1 Month6.39%
3 Month17.6%
6 Month12.41%
12 MonthN/A
2 YearN/A
3 YearN/A
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)60.58
LBB19.71
UBB20.96
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 |
|---|---|---|---|
| 20.37 | 20.16 | 0.21 (1.05%) | 25.00% |
| An entry @20.37. This is a Buy Stop order right above the 10 day moving average. | An exit @20.16. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.21 points, which is 1.05%. | For a 0.26% 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 MNR. 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.
MACH NATURAL RESOURCES LP
NYSE:MNR (5/1/2024, 1:28:34 PM)
20.08
-0.57 (-2.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.76%
1 Week1.82%
2 Weeks3.82%
1 Month6.39%
3 Month17.6%
6 Month12.41%
12 MonthN/A
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.55
ATR(20)%2.55%
ATR Inc
Range Today0.63
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High21.19
10 Day Low19.72
20 Day High21.19
20 Day Low19.26
52 Week HighN/A
52 Week LowN/A
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume53.77K
Volume Incr-21.33%
Vol(5)78.42K
Vol(50)136.66K