NEW SOURCE ENERGY PARTNERS L P (NSLP) Stock Technical Analysis
NYSE:NSLP - New York Stock Exchange, Inc. - US64881E1091
Taking everything into account, NSLP scores 1 out of 10 in our technical rating. NSLP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NSLP is a bad performer in the overall market: 100% of all stocks are doing better.
NSLP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NSLP is lagging the market.
In the last month NSLP has a been trading in the 0.45 - 1.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, NSLP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.60
0.62
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 NSLP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NSLP is down. |
| ChartMill Relative Strength | 0.73 | NEGATIVE | NSLP has a low relative strength, it was outperformed by 99.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NSLP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NSLP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NSLP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.06 | NEUTRAL | The RSI value for NSLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests NSLP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for NSLP is a neutral value. |
| Average True Range in percent/ATR (20) | 21.89 | HIGH VOLATILITY | The high ATR as a percentage value for NSLP suggests high volalility. |
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)
NEW SOURCE ENERGY PARTNERS L P
NYSE:NSLP (9/9/2015, 8:13:21 PM)
0.61
-0.05 (-7.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.58%
1 Week-3.17%
2 Weeks19.61%
1 Month5.17%
3 Month-86.59%
6 Month-90.48%
12 Month-97.43%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%21.89%
ATR Inc-32%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.73
Mansfield-9.22
10 Day High1.06
10 Day Low0.45
20 Day High1.06
20 Day Low0.45
52 Week High25.29
52 Week Low0.45
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-6.22%
DER(5)-7.14%
Volume97.80K
Volume Incr-50.31%
Vol(5)133.10K
Vol(50)199.62K