MACH NATURAL RESOURCES LP (MNR)
US55445L1008
Taking everything into account, MNR scores 7 out of 10 in our technical rating. 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 one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 97% of 213 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month MNR has a been trading in the 18.54 - 20.84 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.
Besides having an excellent technical rating, MNR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
16.83
20.31
We found 2 important support areas.
- A support zone ranging from 19.55 to 19.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @17.00 from a horizontal line in the daily time frame.
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 High20.84
10 Day Low19.3
20 Day High20.84
20 Day Low18.54
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-2.5%
2 Weeks1.95%
1 Month3.3%
3 Month14.52%
6 MonthN/A
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)0.01
RSI(14)55.68
LBB18.98
UBB20.68
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 |
|---|---|---|---|
| 20.85 | 19.54 | 1.31 (6.28%) | 15.92% |
| An entry @20.85. This is a Buy Stop order right above the 10 day high. | An exit @19.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.31 points, which is 6.28%. | When investing 15.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (4/18/2024, 2:11:09 PM)
20.11
+0.23 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.16%
1 Week-2.5%
2 Weeks1.95%
1 Month3.3%
3 Month14.52%
6 MonthN/A
12 MonthN/A
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.57
ATR(20)%2.67%
ATR Inc
Range Today0.79
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 High20.84
10 Day Low19.3
20 Day High20.84
20 Day Low18.54
52 Week HighN/A
52 Week LowN/A
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume48.67K
Volume Incr-40.11%
Vol(5)73.40K
Vol(50)142.03K