MIDSTATES PETE CO INC (MPO) Technical Analysis
NYSE:MPO
Current stock price
MPO Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MPO. MPO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
MPO Weekly and Daily overview Charts
MPO Setup Rating and Analysis
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.
More info and screens
MPO Support and Resistance Analysis
5.07
We can see 2 important resistance areas.
- 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.
MPO 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MPO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MPO is neutral. |
| ChartMill Relative Strength | 4.41 | NEGATIVE | MPO has a low relative strength, it was outperformed by 95.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MPO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MPO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MPO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.02 | NEUTRAL | The RSI value for MPO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MPO has a positive trend. |
| Stochastics (14,3) | 38.13 | NEUTRAL | The Stochastics value for MPO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.05 | HIGH VOLATILITY | The high ATR as a percentage value for MPO suggests high volalility. |
MPO Chart- and CandleStick Pattern Analysis
MPO Technicals: Chart, Performance Metrics, Trend & Indicators
5.12
+0.76 (+17.43%)
MIDSTATES PETE CO INC / MPO TA FAQ
What is the ChartMill technical rating of MIDSTATES PETE CO INC (MPO) stock?
ChartMill assigns a technical rating of 0 / 10 to MPO.
What is the trend direction for MPO stock?
The current trend direction for MIDSTATES PETE CO INC (MPO) is Bearish.
What is the RSI signal for MPO stock?
MIDSTATES PETE CO INC (MPO) has an RSI value of 49.0151. This indicates that the stock is currently neutral.
What is the MACD signal for MPO stock?
The MACD indicator for MIDSTATES PETE CO INC (MPO) has a value of 0.0404382, indicating a bearish trend.
What is the short term momentum for MPO stock?
The short term momentum for MIDSTATES PETE CO INC (MPO) is neutral.