SUBURBAN PROPANE PARTNERS LP (SPH) Technical Analysis
NYSE:SPH • US8644821048
Current stock price
SPH Technical Rating and Analysis
Overall SPH gets a technical rating of 0 out of 10. SPH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, SPH is a bad performer in the overall market: 73% of all stocks are doing better.
- SPH is one of the lesser performing stocks in the Gas Utilities industry. 92% of 15 stocks in the same industry do better.
- In the last month SPH has a been trading in the 19.00 - 20.72 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- SPH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPH is lagging the market.
- Considerably lower volume is observed in the last couple of days.
SPH Weekly and Daily overview Charts
SPH Setup Rating and Analysis
Although the technical rating is bad, SPH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
SPH Support and Resistance Analysis
17.68
We found 3 important support areas.
- Support @19.15 from a trend line in the weekly time frame.
- A support zone ranging from 18.17 to 18.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.86 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.75 to 20.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SPH 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 SPH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPH is down. |
| ChartMill Relative Strength | 27.5 | NEGATIVE | SPH has a low relative strength, it was outperformed by 72.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.51 | NEUTRAL | The RSI value for SPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SPH has a negative trend. |
| Stochastics (14,3) | 42.04 | NEUTRAL | The Stochastics value for SPH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for SPH suggests some volalility. |
| Average Directional Index/ADX (14) | 18.83 | NEGATIVE | The low ADX value for SPH suggests a weak or negative trend. |
SPH Chart- and CandleStick Pattern Analysis
SPH Technicals: Chart, Performance Metrics, Trend & Indicators
19.63
-0.02 (-0.1%)
SUBURBAN PROPANE PARTNERS LP / SPH TA FAQ
What is the technical rating for SPH stock?
ChartMill assigns a technical rating of 0 / 10 to SPH.
What is the trend direction for SPH stock?
The current trend direction for SUBURBAN PROPANE PARTNERS LP (SPH) is Bearish.
Can you provide the RSI signal for SUBURBAN PROPANE PARTNERS LP?
SUBURBAN PROPANE PARTNERS LP (SPH) has an RSI value of 41.5094. This indicates that the stock is currently neutral.
What is the short term momentum for SPH stock?
The short term momentum for SUBURBAN PROPANE PARTNERS LP (SPH) is negative.
Can you provide the support and resistance levels for SUBURBAN PROPANE PARTNERS LP?
SUBURBAN PROPANE PARTNERS LP (SPH) has a support level at 19.15 and a resistance level at 19.75. Check the full technical report for our detailed analysis of SPH support and resistance levels.