NATURAL RESOURCE PARTNERS LP (NRP) Stock Technical Analysis
USA - NYSE:NRP - US63900P6088
101.84 USD
-0.89 (-0.87%)
103.47 USD
+1.63 (+1.6%)
We assign a technical rating of 4 out of 10 to NRP. In the last year, NRP was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Warning: NRP has an average volume of 18184 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
NRP is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. NRP outperforms 79% of them.
In the last month NRP has a been trading in the 99.14 - 105.95 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, NRP turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
NRP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NRP is lagging the market.
NRP has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 101.75, a Stop Loss order could be placed below this zone.
More info and screens
85.30
112.11
4 important support areas can be observed.
- A support zone ranging from 101.22 to 101.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 96.91 to 98.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 92.89 to 94.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @86.16 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 101.92 to 103.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @105.48 from a horizontal line in the daily time frame.
- A resistance zone ranging from 111.00 to 111.00. 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 NRP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NRP is neutral. |
| ChartMill Relative Strength | 65.37 | NEUTRAL | NRP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NRP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NRP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.58 | NEUTRAL | The RSI value for NRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests NRP has a negative trend. |
| Stochastics (14,3) | 49.26 | NEUTRAL | The Stochastics value for NRP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for NRP suggests some volalility. |
| Average Directional Index/ADX (14) | 22.92 | NEUTRAL | The ADX value for NRP suggests a possible start of a new 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)
101.84
-0.89 (-0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.87%
1 Week-0.6%
2 Weeks-2.49%
1 Month-1.41%
3 Month7.3%
6 Month-6.2%
12 Month15.24%
2 Year29.12%
3 Year130.15%
5 Year754.36%
10 Year300.95%
15 Year-61.97%
Volatility
ATR(14)2.03
ATR(20)%2.04%
ATR Inc-38.22%
Range Today1.73
ADR(20)2.08
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.37
Mansfield-0.97
10 Day High104.99
10 Day Low99.14
20 Day High105.95
20 Day Low99.14
52 Week High113.04
52 Week Low86.83
CS1 End101.75
CR1 Start101.92
Volume & EV
DER(3)-1.29%
DER(5)0%
Volume14.10K
Volume Incr17.01%
Vol(5)13.76K
Vol(50)18.18K