NGL ENERGY PARTNERS LP (NGL) Stock Technical Analysis
NYSE:NGL - New York Stock Exchange, Inc. - US62913M1071 - Currency: USD
We assign a technical rating of 1 out of 10 to NGL. NGL 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, NGL is a bad performer in the overall market: 89% of all stocks are doing better.
NGL is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 78% are performing better than NGL.
NGL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NGL is lagging the market.
In the last month NGL has a been trading in the 2.90 - 3.79 range, which is quite wide. It is currently trading near the high of this range.
Although the technical rating is bad, NGL does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for NGL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.93
5.41
We found 1 important support area.
- A support zone ranging from 2.96 to 2.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @3.39 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 3.68 to 3.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.36 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.32
Mansfield-2.65
10 Day High3.79
10 Day Low3.01
20 Day High3.79
20 Day Low2.9
52 Week High5.97
52 Week Low2.64
Performance
1 Week-1.46%
2 Weeks8.33%
1 Month10.46%
3 Month-29.14%
6 Month-23.87%
12 Month-40.49%
2 Year6.62%
3 Year80.75%
5 Year-33.73%
10 Year-88.76%
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)0.09
RSI(14)49.82
LBB2.84
UBB3.73
3.38
-0.34 (-9.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-9.14%
1 Week-1.46%
2 Weeks8.33%
1 Month10.46%
3 Month-29.14%
6 Month-23.87%
12 Month-40.49%
2 Year6.62%
3 Year80.75%
5 Year-33.73%
10 Year-88.76%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%5.85%
ATR Inc42.98%
Range Today0.39
ADR(20)0.2
ADR(20)%5.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.32
Mansfield-2.65
10 Day High3.79
10 Day Low3.01
20 Day High3.79
20 Day Low2.9
52 Week High5.97
52 Week Low2.64
CS1 End2.97
CR1 Start3.39
Volume & EV
DER(3)6.61%
DER(5)3.8%
Volume295.69K
Volume Incr40.89%
Vol(5)420.64K
Vol(50)433.52K