NGL ENERGY PARTNERS LP (NGL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NGL - US62913M1071
We assign a technical rating of 10 out of 10 to NGL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NGL is showing a nice and steady performance.
NGL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 9.86, a Stop Loss order could be placed below this zone. 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.
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4.08
When analyzing the support we can see 6 important areas.
- A support zone ranging from 9.74 to 9.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.55 from a horizontal line in the daily time frame.
- A support zone ranging from 9.38 to 9.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.20 from a trend line in the daily time frame.
- Support @5.84 from a trend line in the weekly time frame.
- Support @4.12 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.86 to 9.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.26 to 10.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | UP | POSITIVE | The long term trend for NGL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NGL is up. |
| ChartMill Relative Strength | 95.69 | POSITIVE | NGL has a high relative strength, it outperformed 95.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NGL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NGL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NGL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.07 | NEUTRAL | The RSI value for NGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NGL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.92 | NEUTRAL | The Stochastics value for NGL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for NGL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.17 | NEGATIVE | The low ADX value for NGL suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 9.92 | 9.73 | 0.19 (1.92%) | 25.00% |
| An entry @9.92. This is a Buy Stop order right above the resistance zone. | An exit @9.73. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.19 points, which is 1.92%. | For a 0.48% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NGL. Please evaluate whether better entry and exit points can be found.
- 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.
NYSE:NGL (1/6/2026, 10:20:17 AM)
9.85
-0.05 (-0.51%)
NGL ENERGY PARTNERS LP / NGL FAQ
What is the technical rating for NGL stock?
ChartMill assigns a technical rating of 10 / 10 to NGL.
What is the current trend direction of NGL ENERGY PARTNERS LP (NGL) stock?
The current trend direction for NGL ENERGY PARTNERS LP (NGL) is Bullish.
Can you provide the RSI signal for NGL ENERGY PARTNERS LP?
NGL ENERGY PARTNERS LP (NGL) has an RSI value of 55.0718. This indicates that the stock is currently neutral.
What is the short term momentum for NGL stock?
The short term momentum for NGL ENERGY PARTNERS LP (NGL) is positive.
What is the support and resistance level for NGL stock?
NGL ENERGY PARTNERS LP (NGL) has a support level at 9.86 and a resistance level at 9.91. Check the full technical report for our detailed analysis of NGL support and resistance levels.