MUSA Technical Analysis - MURPHY USA INC

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to MUSA. MUSA 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.

When comparing the yearly performance of all stocks, MUSA is a bad performer in the overall market: 86% of all stocks are doing better.

MUSA is one of the lesser performing stocks in the Specialty Retail industry. 66% of 120 stocks in the same industry do better.

MUSA 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.

In the last month MUSA has a been trading in the 367.29 - 399.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

MURPHY USA INC / MUSA Weekly stock chart

Setup Rating and Analysis

MUSA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 372.30, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

350.52

521.11

We found 3 important support areas.

Support @372.30 from a horizontal line in the daily time frame.
A support zone ranging from 361.82 to 362.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @354.06 from a horizontal line in the weekly time frame.

We can see 4 important resistance areas.

A resistance zone ranging from 380.52 to 403.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @435.02 from a horizontal line in the daily time frame.
Resistance @455.19 from a trend line in the weekly time frame.
Resistance @515.95 from a horizontal line in the daily time frame.

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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 MUSA is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for MUSA is neutral.
ChartMill Relative Strength	14.62	NEGATIVE	MUSA has a low relative strength, it was outperformed by 85.38% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of MUSA is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of MUSA is below the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of MUSA is below a declining SMA(200).
Relative Strength Index/RSI (14)	45.5	NEUTRAL	The RSI value for MUSA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-1.18	NEGATIVE	The MACD value suggests MUSA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	33.86	NEUTRAL	The Stochastics value for MUSA is a neutral value.
Average True Range in percent/ATR (20)	2.84	MEDIUM VOLATILITY	The ATR as a percentage value for MUSA suggests some volalility.
Average Directional Index/ADX (14)	11.23	NEGATIVE	The low ADX value for MUSA suggests a weak or negative trend.