Logo image of RTLR

RATTLER MIDSTREAM LP (RTLR) Stock Technical Analysis

NASDAQ:RTLR - Nasdaq - US75419T1034 - Currency: USD

15.22  +0.43 (+2.91%)

After market: 15.2 -0.02 (-0.13%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to RTLR. 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 214 other stocks in this industry. RTLR outperforms 94% 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 trading in the upper part of its 52 week range, so RTLR is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
RATTLER MIDSTREAM LP / RTLR Weekly stock chart
RATTLER MIDSTREAM LP / RTLR Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, RTLR 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

10.41

15.38

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.
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
CRS93.52
Mansfield2.17
10 Day High15.71
10 Day Low13.63
20 Day High15.71
20 Day Low12.86
52 Week High18.22
52 Week Low10.28
Performance
1 Week7.26%
2 Weeks8.71%
1 Month14.95%
3 Month-11.36%
6 Month12.57%
12 Month39.89%
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)0.11
RSI(14)62.3
LBB13.2
UBB15.49
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
15.2413.621.62 (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 trade has a worst case loss of 1.62 points, which is 10.63%.For a 1.00% total portfolio risk, you can invest 9.41% of your capital in this trade.

  • 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.
RATTLER MIDSTREAM LP / RTLR Daily stock chart

RATTLER MIDSTREAM LP

NASDAQ:RTLR (8/23/2022, 8:00:02 PM)

After market: 15.2 -0.02 (-0.13%)

15.22

+0.43 (+2.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.91%
1 Week7.26%
2 Weeks8.71%
1 Month14.95%
3 Month-11.36%
6 Month12.57%
12 Month39.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%4.3%
ATR Inc18.41%
Range Today0.54
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
CRS93.52
Mansfield2.17
10 Day High15.71
10 Day Low13.63
20 Day High15.71
20 Day Low12.86
52 Week High18.22
52 Week Low10.28
CS1 End14.01
CR1 Start15.23
Volume & EV
DER(3)0.12%
DER(5)3.3%
Volume4.67M
Volume Incr98.73%
Vol(5)1.22M
Vol(50)585.54K