NUSTAR ENERGY LP (NS) Stock Technical Analysis
NYSE:NS - New York Stock Exchange, Inc. - US67058H1023 - Currency: USD
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 may just continue or reversal may be around the corner!
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 part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. NS outperforms 83% of them.
NS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NS is performing more or less in line with the market.
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 has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
17.28
24.49
When analyzing the support we can see 7 important areas.
- 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.
We can see 3 important resistance 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.
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. |
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)
21.96
-0.41 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.83%
1 Week-1.88%
2 Weeks1.43%
1 Month-4.36%
3 Month-3%
6 Month21.06%
12 Month44.66%
2 Year36.82%
3 Year19.67%
5 Year-18.55%
10 Year-62.15%
15 Year-59.36%
Volatility
ATR(14)0.56
ATR(20)%2.54%
ATR Inc20.68%
Range Today0.84
ADR(20)0.55
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.82
Mansfield0.5
10 Day High22.94
10 Day Low21.65
20 Day High23.08
20 Day Low20.23
52 Week High24.5
52 Week Low14.89
CS1 End21.76
CR1 Start22.04
Volume & EV
DER(3)0.56%
DER(5)1.57%
Volume8.24M
Volume Incr210.26%
Vol(5)2.42M
Vol(50)876.98K