NATURAL RESOURCE PARTNERS LP (NRP)
US63900P6088
Taking everything into account, NRP scores 7 out of 10 in our technical rating. In the last year, NRP was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Warning: NRP has an average volume of 27830 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that NRP is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, NRP also shows a nice and consistent pattern of rising prices.
NRP is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 90% of 213 stocks in the same industry.
NRP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NRP is lagging the market slightly.
In the last month NRP has a been trading in the 88.00 - 93.70 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, NRP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 89.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NRP 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
54.68
94.44
4 important support areas can be observed.
- A support zone ranging from 89.36 to 89.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @86.16 from a horizontal line in the weekly time frame.
- A support zone ranging from 84.11 to 84.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @55.23 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 90.18 to 91.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @93.50 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.46
Mansfield0.42
10 Day High93.04
10 Day Low88.07
20 Day High93.7
20 Day Low88
52 Week High102
52 Week Low44.68
Performance
1 Week0.55%
2 Weeks0.18%
1 Month0.74%
3 Month4.64%
6 Month22.25%
12 Month81.96%
2 Year88.94%
3 Year391.6%
5 Year126.76%
10 Year-36.37%
15 Year-61.89%
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)0.01
RSI(14)50.49
LBB88.96
UBB91.3
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 |
|---|---|---|---|
| 91.51 | 89.35 | 2.16 (2.36%) | 25.00% |
| An entry @91.51. This is a Buy Stop order right above the resistance zone. | An exit @89.35. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.16 points, which is 2.36%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%. |
- The distance between exit and entry is rather small compared to the average daily movement of NRP. 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.
NATURAL RESOURCE PARTNERS LP
NYSE:NRP (5/16/2024, 7:07:36 PM)
90.16
+0.15 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.17%
1 Week0.55%
2 Weeks0.18%
1 Month0.74%
3 Month4.64%
6 Month22.25%
12 Month81.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.81
ATR(20)%2.24%
ATR Inc
Range Today0.44
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High93.04
10 Day Low88.07
20 Day High93.7
20 Day Low88
52 Week High102
52 Week Low44.68
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume17.70K
Volume Incr-47.32%
Vol(5)17.40K
Vol(50)27.83K