NATURAL RESOURCE PARTNERS LP (NRP) Stock Technical Analysis
USA - NYSE:NRP - US63900P6088
103.56 USD
-1.54 (-1.47%)
105.6 USD
+2.04 (+1.97%)
Taking everything into account, NRP scores 3 out of 10 in our technical rating. NRP was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, NRP is a bad performer in the overall market: 62% of all stocks are doing better.
Warning: NRP has an average volume of 25628 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 may just continue or reversal may be around the corner!
In the last month NRP has a been trading in the 100.65 - 108.00 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.
NRP is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, NRP did better than 48% of them.
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.
Volume is considerably higher in the last couple of days.
NRP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. 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
91.96
112.11
We found 4 important support areas.
- Support @101.75 from a horizontal line in the daily time frame.
- Support @100.05 from a trend line in the daily time frame.
- Support @97.86 from a trend line in the weekly time frame.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 103.68 to 105.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 109.70 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 | UP | POSITIVE | The long term trend for NRP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NRP is neutral. |
| ChartMill Relative Strength | 38.11 | 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) | DOWN | NEGATIVE | The current price of NRP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NRP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.07 | NEUTRAL | The RSI value for NRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests NRP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.96 | NEUTRAL | The Stochastics value for NRP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for NRP suggests some volalility. |
| Average Directional Index/ADX (14) | 16.15 | NEGATIVE | The low ADX value for NRP 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)
103.56
-1.54 (-1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.47%
1 Week-0.59%
2 Weeks0.31%
1 Month-1.2%
3 Month0.18%
6 Month11.49%
12 Month-1.99%
2 Year35.8%
3 Year145.75%
5 Year631.87%
10 Year491.77%
15 Year-65.95%
Volatility
ATR(14)2.7
ATR(20)%2.76%
ATR Inc-0.18%
Range Today2.92
ADR(20)2.76
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.11
3 months CRS42.69
6 months CRS68.4
Mansfield-0.88
10 Day High107.4
10 Day Low102.01
20 Day High108
20 Day Low100.65
52 Week High113.04
52 Week Low86.83
CS1 End101.75
CR1 Start103.68
Volume & EV
DER(3)-2.12%
DER(5)-0.13%
Volume24.20K
Volume Incr129.21%
Vol(5)53.28K
Vol(50)25.63K
NATURAL RESOURCE PARTNERS LP / NRP FAQ
What is the ChartMill technical rating of NATURAL RESOURCE PARTNERS LP (NRP) stock?
ChartMill assigns a technical rating of 3 / 10 to NRP.
What is the current trend direction of NATURAL RESOURCE PARTNERS LP (NRP) stock?
The current trend direction for NATURAL RESOURCE PARTNERS LP (NRP) is Bullish.
What is the RSI signal for NRP stock?
NATURAL RESOURCE PARTNERS LP (NRP) has an RSI value of 47.0683. This indicates that the stock is currently neutral.
What is the MACD signal for NRP stock?
The MACD indicator for NATURAL RESOURCE PARTNERS LP (NRP) has a value of 0.075392, indicating a bearish trend.