NAVIOS MARITIME PARTNERS LP (NMM) Stock Technical Analysis
NYSE:NMM - New York Stock Exchange, Inc. - MHY622674098 - Currency: USD
Taking everything into account, NMM scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NMM was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, NMM is a bad performer in the overall market: 70% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
NMM is part of the Marine Transportation industry. There are 32 other stocks in this industry. NMM outperforms 74% of them.
In the last month NMM has a been trading in the 37.81 - 41.56 range, which is quite wide. It is currently trading near the high of this range.
NMM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NMM is lagging the market slightly.
NMM has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
32.44
41.81
We found 2 important support areas.
- A support zone ranging from 38.34 to 39.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.77 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 41.40 to 41.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for NMM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NMM is up. |
| ChartMill Relative Strength | 30.26 | NEUTRAL | NMM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NMM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NMM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NMM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.56 | NEUTRAL | The RSI value for NMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NMM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.32 | NEUTRAL | The Stochastics value for NMM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for NMM suggests some volalility. |
| Average Directional Index/ADX (14) | 19.89 | NEGATIVE | The low ADX value for NMM suggests a weak or negative trend. |
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)
41.39
+2.36 (+6.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg6.05%
1 Week5.48%
2 Weeks5.67%
1 Month3.17%
3 Month3.11%
6 Month-5.39%
12 Month-12.2%
2 Year89.43%
3 Year79.96%
5 Year326.26%
10 Year-74.21%
15 Year-82.49%
Volatility
ATR(14)1.05
ATR(20)%2.6%
ATR Inc97.1%
Range Today1.76
ADR(20)1.01
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.26
Mansfield-1.39
10 Day High41.56
10 Day Low38.08
20 Day High41.56
20 Day Low37.81
52 Week High65.89
52 Week Low28.37
CS1 End39.38
CR1 Start41.4
Volume & EV
DER(3)2.02%
DER(5)-2.27%
Volume295.40K
Volume Incr139.38%
Vol(5)171.72K
Vol(50)138.23K