RICE MIDSTREAM PARTNERS LP (RMP) Technical Analysis
NYSE:RMP
Current stock price
RMP Technical Rating and Analysis
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.
- When comparing the yearly performance of all stocks, RMP is a bad performer in the overall market: 75% of all stocks are doing better.
- 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 long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- 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.
RMP Weekly and Daily overview Charts
RMP Setup Rating and Analysis
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
RMP Support and Resistance Analysis
16.68
When analyzing the support we can see 2 important areas.
- 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.
We can see 3 important resistance areas.
- 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.
RMP Technical Indicator Signal Analysis
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. |
RMP Chart- and CandleStick Pattern Analysis
RMP Technicals: Chart, Performance Metrics, Trend & Indicators
18.05
-0.35 (-1.9%)
RICE MIDSTREAM PARTNERS LP / RMP TA FAQ
What is the technical rating for RMP stock?
ChartMill assigns a technical rating of 3 / 10 to RMP.
What is the trend direction for RMP stock?
The current trend direction for RICE MIDSTREAM PARTNERS LP (RMP) is Bearish.
What is the RSI signal for RMP stock?
RICE MIDSTREAM PARTNERS LP (RMP) has an RSI value of 52.0657. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RICE MIDSTREAM PARTNERS LP?
The MACD indicator for RICE MIDSTREAM PARTNERS LP (RMP) has a value of 0.127686, indicating a bearish trend.
What are the support and resistance levels for RICE MIDSTREAM PARTNERS LP (RMP) stock?
RICE MIDSTREAM PARTNERS LP (RMP) has a support level at 18.03 and a resistance level at 18.79. Check the full technical report for our detailed analysis of RMP support and resistance levels.