Logo image of MPO

MIDSTATES PETE CO INC (MPO) Stock Technical Analysis

NYSE:MPO - New York Stock Exchange, Inc. -

5.12  +0.76 (+17.43%)

After market: 5.12 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, MPO scores 0 out of 10 in our technical rating. MPO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MPO is a bad performer in the overall market: 96% of all stocks are doing better.
MPO 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month MPO has a been trading in the 4.01 - 6.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MIDSTATES PETE CO INC / MPO Weekly stock chart
MIDSTATES PETE CO INC / MPO Daily stock chart
Setup Rating and Analysis

0

The technical rating of MPO is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

5.07

5.52

2 important resistance areas can be observed.

  • A resistance zone ranging from 5.13 to 5.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @5.47 from a trend line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for MPO is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for MPO is neutral.
ChartMill Relative Strength4.41NEGATIVEMPO has a low relative strength, it was outperformed by 95.59% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of MPO is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of MPO is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of MPO is below a declining SMA(200).
Relative Strength Index/RSI (14)49.02NEUTRALThe RSI value for MPO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.04POSITIVEThe MACD value suggests MPO has a positive trend.
Stochastics (14,3)38.13NEUTRALThe Stochastics value for MPO is a neutral value.
Average True Range in percent/ATR (20)7.05HIGH VOLATILITYThe high ATR as a percentage value for MPO suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
MIDSTATES PETE CO INC / MPO Daily stock chart

MIDSTATES PETE CO INC

NYSE:MPO (8/6/2019, 8:25:58 PM)

After market: 5.12 0 (0%)

5.12

+0.76 (+17.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg17.43%
1 Week12.78%
2 Weeks1.19%
1 Month-10.49%
3 Month-47.43%
6 Month-47.05%
12 Month-59.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%7.05%
ATR Inc123.54%
Range Today0.87
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.41
Mansfield-4.13
10 Day High5.38
10 Day Low4.01
20 Day High6.03
20 Day Low4.01
52 Week High13.23
52 Week Low4.01
CS1 EndN/A
CR1 Start5.13
Volume & EV
DER(3)6.02%
DER(5)0.25%
Volume517.00K
Volume Incr118.52%
Vol(5)347.60K
Vol(50)194.43K