SUBURBAN PROPANE PARTNERS LP (SPH) Stock Technical Analysis
NYSE:SPH - New York Stock Exchange, Inc. - US8644821048 - Currency: USD
We assign a technical rating of 0 out of 10 to SPH. SPH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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: 71% 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.
In the last month SPH has a been trading in the 18.62 - 20.70 range, which is quite wide. It is currently trading near the lows of this range.
SPH 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 SPH is lagging the market slightly.
SPH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
16.84
22.07
We found 3 important support areas.
- Support @18.20 from a trend line in the weekly time frame.
- Support @17.32 from a horizontal line in the daily time frame.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 18.84 to 19.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.87 to 21.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 21.62 to 21.85. This zone is formed by a combination of multiple trend lines 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 | 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 | 29.5 | NEGATIVE | SPH has a low relative strength, it was outperformed by 70.5% 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 | MIXED | The current price of SPH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.03 | NEUTRAL | The RSI value for SPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SPH has a negative trend. |
| Stochastics (14,3) | 19 | OVERSOLD | The low Stochastics value suggests SPH may be oversold. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for SPH suggests some volalility. |
| Average Directional Index/ADX (14) | 30.02 | POSITIVE | The high ADX value value for SPH suggests a strong 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)
18.84
-0.1 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-0.53%
1 Week-0.11%
2 Weeks-2.94%
1 Month-5.99%
3 Month-9.25%
6 Month-5.09%
12 Month-7.33%
2 Year23.38%
3 Year10.5%
5 Year29.13%
10 Year-56.99%
15 Year-58.69%
Volatility
ATR(14)0.43
ATR(20)%2.72%
ATR Inc-37.26%
Range Today0.33
ADR(20)0.5
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.5
Mansfield-0.47
10 Day High19.55
10 Day Low18.76
20 Day High20.7
20 Day Low18.62
52 Week High22.24
52 Week Low15.2
CS1 End18.2
CR1 Start18.84
Volume & EV
DER(3)-4.32%
DER(5)-8.21%
Volume84.40K
Volume Incr-25.52%
Vol(5)107.54K
Vol(50)160.24K