Logo image of OMP

Oasis Midstream Partners LP (OMP) Stock Technical Analysis

NASDAQ:OMP - Nasdaq -

23.86  -0.65 (-2.65%)

After market: 23.9 +0.04 (+0.17%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to OMP. 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!
OMP is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 92% of 214 stocks in the same industry.
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 trading in the upper part of its 52 week range, so OMP is lagging the market slightly.
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.
Weekly and Daily overview Charts
Oasis Midstream Partners LP / OMP Weekly stock chart
Oasis Midstream Partners LP / OMP Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, OMP does present a nice setup opportunity. 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.
Support and Resistance Analysis

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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
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
Performance
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
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)
Technical Indicators
MACD(12,26,9)-0.18
RSI(14)45.17
LBB23.86
UBB26.27
Oasis Midstream Partners LP / OMP Daily stock chart

Oasis Midstream Partners LP

NASDAQ:OMP (1/31/2022, 8:25:03 PM)

After market: 23.9 +0.04 (+0.17%)

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