Oasis Midstream Partners LP (OMP) Stock Technical Analysis
USA - NASDAQ:OMP -
23.86
-0.65 (-2.65%)
23.9
+0.04 (+0.17%)
Taking everything into account, OMP scores 6 out of 10 in our technical rating. In the last year, OMP was one of the better performers, but we do observe some doubts in the very recent evolution.
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!
OMP is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. OMP outperforms 96% of them.
When comparing the yearly performance of all stocks, we notice that OMP is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
OMP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OMP is lagging the market.
In the last month OMP has a been trading in the 22.68 - 26.28 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.
OMP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for OMP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
20.22
26.48
4 important support areas can be observed.
- Support @22.94 from a trend line in the weekly time frame.
- Support @21.85 from a trend line in the weekly time frame.
- A support zone ranging from 20.93 to 21.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.42 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 24.52 to 24.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.43 to 25.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 26.14 to 26.22. 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 | UP | POSITIVE | The long term trend for OMP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OMP is neutral. |
| ChartMill Relative Strength | 92.39 | POSITIVE | OMP has a high relative strength, it outperformed 92.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OMP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OMP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OMP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.17 | NEUTRAL | The RSI value for OMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests OMP has a negative trend. |
| Stochastics (14,3) | 48.24 | NEUTRAL | The Stochastics value for OMP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for OMP suggests some 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)
23.86
-0.65 (-2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.65%
1 Week-2.25%
2 Weeks-6.17%
1 Month-0.21%
3 Month-5.2%
6 Month2.8%
12 Month48.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%3.71%
ATR Inc19.1%
Range Today0.98
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
CRS92.39
Mansfield0.09
10 Day High26.14
10 Day Low22.68
20 Day High26.28
20 Day Low22.68
52 Week High35.7
52 Week Low14.9
CS1 End22.94
CR1 Start24.52
Volume & EV
DER(3)5.54%
DER(5)3.81%
Volume1.70M
Volume Incr264.32%
Vol(5)481.23K
Vol(50)178.52K