SUBURBAN PROPANE PARTNERS LP (SPH) Stock Technical Analysis
NYSE:SPH - New York Stock Exchange, Inc. - US8644821048 - Currency: USD
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SPH is a bad performer in the overall market: 69% of all stocks are doing better.
SPH is one of the lesser performing stocks in the Gas Utilities industry. 92% of 14 stocks in the same industry do better.
SPH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SPH has a been trading in the 17.30 - 19.25 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of SPH 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
16.84
19.23
We found 1 important support area.
- A support zone ranging from 17.01 to 17.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.36 to 19.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for SPH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPH is down. |
| ChartMill Relative Strength | 31.17 | NEUTRAL | SPH is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of SPH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.9 | NEUTRAL | The RSI value for SPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SPH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.53 | NEUTRAL | The Stochastics value for SPH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for SPH suggests some volalility. |
| Average Directional Index/ADX (14) | 19.76 | NEGATIVE | The low ADX value for SPH suggests a weak or negative trend. |
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)
17.95
+0.09 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.5%
1 Week-5.53%
2 Weeks-2.92%
1 Month-3.18%
3 Month-6.99%
6 Month-16.74%
12 Month1.47%
2 Year23.62%
3 Year11.42%
5 Year40.78%
10 Year-52.01%
15 Year-63.68%
Volatility
ATR(14)0.44
ATR(20)%2.23%
ATR Inc47.42%
Range Today0.31
ADR(20)0.39
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.17
Mansfield-1.33
10 Day High19.26
10 Day Low17.3
20 Day High19.26
20 Day Low17.3
52 Week High22.24
52 Week Low16.92
CS1 End17.01
CR1 Start18.36
Volume & EV
DER(3)-4.19%
DER(5)-4.91%
Volume233.00K
Volume Incr91.62%
Vol(5)205.34K
Vol(50)160.84K