RICE MIDSTREAM PARTNERS LP (RMP) Stock Technical Analysis
NYSE:RMP - New York Stock Exchange, Inc. -
Taking everything into account, RMP scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. RMP was also a bad performer in the overall market in the last year.
75% of all other stocks performed better in the past year than RMP.
RMP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RMP is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month RMP has a been trading in the 16.68 - 19.06 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.
The technical rating of RMP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
16.68
20.21
2 important support areas can be observed.
- A support zone ranging from 17.93 to 18.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.85 to 17.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 18.79 to 19.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.63 from a horizontal line in the daily time frame.
- Resistance @20.01 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for RMP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RMP is up. |
| ChartMill Relative Strength | 25.85 | NEGATIVE | RMP has a low relative strength, it was outperformed by 74.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RMP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RMP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RMP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.07 | NEUTRAL | The RSI value for RMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests RMP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.38 | NEUTRAL | The Stochastics value for RMP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for RMP 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)
18.05
-0.35 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.9%
1 Week0.45%
2 Weeks4.88%
1 Month-2.85%
3 Month-0.06%
6 Month-18.69%
12 Month-12.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%3.01%
ATR Inc33.15%
Range Today0.42
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
CRS25.85
Mansfield-1.4
10 Day High19.06
10 Day Low17.16
20 Day High19.06
20 Day Low16.68
52 Week High23
52 Week Low16.68
CS1 End18.03
CR1 Start18.79
Volume & EV
DER(3)-0.91%
DER(5)2.45%
Volume3.45M
Volume Incr205.54%
Vol(5)1.07M
Vol(50)482.40K