RATTLER MIDSTREAM LP (RTLR) Stock Technical Analysis
NASDAQ:RTLR • US75419T1034
Overall RTLR gets a technical rating of 9 out of 10. Both in the recent history as in the last year, RTLR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- RTLR is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry. RTLR outperforms 91% of them.
- In the last month RTLR has a been trading in the 12.86 - 15.71 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, RTLR did better than 93% of all other stocks. We also observe that the gains produced by RTLR over the past year are nicely spread over this period. However, RTLR's most recent performance is quite weak.
- RTLR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RTLR is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RTLR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for RTLR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.41
We found 5 important support areas.
- A support zone ranging from 13.87 to 14.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @13.06 from a horizontal line in the daily time frame.
- Support @12.51 from a trend line in the weekly time frame.
- Support @12.27 from a trend line in the daily time frame.
- Support @10.52 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @15.23 from a horizontal line 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 RTLR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RTLR is up. |
| ChartMill Relative Strength | 93.52 | POSITIVE | RTLR has a high relative strength, it outperformed 93.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RTLR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RTLR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RTLR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.3 | NEUTRAL | The RSI value for RTLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests RTLR has a positive trend. |
| Stochastics (14,3) | 83.65 | OVERBOUGHT | The high Stochastics value suggests RTLR may be overbought. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for RTLR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.55 | NEGATIVE | The low ADX value for RTLR suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.24 | 13.62 | 1.62 (10.63%) | 9.41% |
| An entry @15.24. This is a Buy Stop order right above the resistance zone. | An exit @13.62. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.62 points, which is 10.63%. | When investing 9.41% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.22
+0.43 (+2.91%)
RATTLER MIDSTREAM LP / RTLR FAQ
What is the technical rating for RTLR stock?
ChartMill assigns a technical rating of 8 / 10 to RTLR.
What is the trend direction for RTLR stock?
The current trend direction for RATTLER MIDSTREAM LP (RTLR) is Bullish.
What is the RSI signal for RTLR stock?
RATTLER MIDSTREAM LP (RTLR) has an RSI value of 62.3008. This indicates that the stock is currently neutral.
What is the MACD signal for RTLR stock?
The MACD indicator for RATTLER MIDSTREAM LP (RTLR) has a value of 0.10701, indicating a bearish trend.
Can you provide the buy/sell signal for RATTLER MIDSTREAM LP?
The buy/sell signal for RATTLER MIDSTREAM LP (RTLR) is buy as both the short term and long term trends are positive.