NUSTAR ENERGY LP (NS) Technical Analysis
NYSE:NS • US67058H1023
Current stock price
NS Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to NS. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- 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.
- Looking at the yearly performance, NS did better than 81% of all other stocks. We also observe that the gains produced by NS over the past year are nicely spread over this period.
- NS 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 NS is lagging the market slightly.
- NS is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, NS did better than 51% of them.
- In the last month NS has a been trading in the 20.23 - 23.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
NS Weekly and Daily overview Charts
NS Setup Rating and Analysis
Although NS has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
NS Support and Resistance Analysis
17.28
7 important support areas can be observed.
- Support @21.76 from a trend line in the weekly time frame.
- Support @21.25 from a horizontal line in the weekly time frame.
- Support @20.82 from a trend line in the daily time frame.
- Support @20.36 from a horizontal line in the daily time frame.
- Support @19.99 from a trend line in the daily time frame.
- Support @17.97 from a horizontal line in the daily time frame.
- Support @17.45 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 22.04 to 22.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.82 to 22.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 23.81 to 24.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
NS Technical Indicator Signal Analysis
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 NS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NS is neutral. |
| ChartMill Relative Strength | 81.82 | POSITIVE | NS has a high relative strength, it outperformed 81.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.45 | NEUTRAL | The RSI value for NS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests NS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.38 | NEUTRAL | The Stochastics value for NS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for NS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.35 | NEGATIVE | The low ADX value for NS suggests a weak or negative trend. |
NS Chart- and CandleStick Pattern Analysis
NS Technicals: Chart, Performance Metrics, Trend & Indicators
21.96
-0.41 (-1.83%)
NUSTAR ENERGY LP / NS TA FAQ
Can you provide the ChartMill technical rating for NUSTAR ENERGY LP?
ChartMill assigns a technical rating of 7 / 10 to NS.
What is the trend direction for NS stock?
The current trend direction for NUSTAR ENERGY LP (NS) is Bullish.
What is the RSI signal for NUSTAR ENERGY LP (NS) stock?
NUSTAR ENERGY LP (NS) has an RSI value of 44.4521. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NUSTAR ENERGY LP?
The MACD indicator for NUSTAR ENERGY LP (NS) has a value of 0.0817393, indicating a bearish trend.
What are the support and resistance levels for NUSTAR ENERGY LP (NS) stock?
NUSTAR ENERGY LP (NS) has a support level at 21.76 and a resistance level at 22.04. Check the full technical report for our detailed analysis of NS support and resistance levels.