NUSTAR ENERGY LP - NSUS 11.2342 PERP (NS-B) Stock Technical Analysis
NYSE:NS-B • US67058H3003
We assign a technical rating of 1 out of 10 to NS-B. NS-B has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the performance of all stocks over the past year, NS-B turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- NS-B is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NS-B is lagging the market.
- In the last month NS-B has a been trading in a tight range between 24.92 and 25.53.
Although the technical rating is bad, NS-B does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 25.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.96, a Stop Loss order could be placed below this zone.
More info and screens
21.70
We found 2 important support areas.
- A support zone ranging from 24.92 to 24.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.92 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 25.01 to 25.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.40 to 26.40. 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 | DOWN | NEGATIVE | The long term trend for NS-B is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NS-B is down. |
| ChartMill Relative Strength | 53.14 | NEUTRAL | NS-B is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NS-B is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NS-B is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NS-B is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.31 | NEUTRAL | The RSI value for NS-B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NS-B has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.74 | OVERSOLD | The low Stochastics value suggests NS-B may be oversold. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for NS-B suggests low volalility. |
| Average Directional Index/ADX (14) | 41.17 | POSITIVE | The high ADX value value for NS-B suggests a strong trend. |
NUSTAR ENERGY LP - NSUS 11.2342 PERP
NYSE:NS-B (5/31/2024, 8:04:00 PM)
24.99
+0.02 (+0.08%)
NUSTAR ENERGY LP - NSUS 11.2342 PERP / NS-B FAQ
What is the technical rating for NS-B stock?
ChartMill assigns a technical rating of 1 / 10 to NS-B.
What is the current trend direction of NUSTAR ENERGY LP - NSUS 11.2342 PERP (NS-B) stock?
The current trend direction for NUSTAR ENERGY LP - NSUS 11.2342 PERP (NS-B) is Bearish.
What is the RSI signal for NS-B stock?
NUSTAR ENERGY LP - NSUS 11.2342 PERP (NS-B) has an RSI value of 30.3085. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NUSTAR ENERGY LP - NSUS 11.2342 PERP?
The MACD indicator for NUSTAR ENERGY LP - NSUS 11.2342 PERP (NS-B) has a value of -0.00657814, indicating a bearish trend.
What is the support and resistance level for NS-B stock?
NUSTAR ENERGY LP - NSUS 11.2342 PERP (NS-B) has a support level at 24.96 and a resistance level at 25.01. Check the full technical report for our detailed analysis of NS-B support and resistance levels.