SPRAGUE RESOURCES LP (SRLP)

US8493431089

20  +0.02 (+0.1%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to SRLP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SRLP is showing a nice and steady performance.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
SRLP is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. SRLP outperforms 88% of them.
SRLP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SRLP is leading the market.
Looking at the yearly performance, SRLP did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month SRLP has a been trading in a tight range between 19.67 and 20.40.
Weekly and Daily overview Charts
SRLP Weekly chart
SRLP Daily chart
Setup Rating and Analysis

5

Although SRLP has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

18.64

20.59

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 19.65 to 19.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 18.83 to 18.94. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 20.09 to 20.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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
CRS91.95
Mansfield2.27
10 Day High20.4
10 Day Low19.92
20 Day High20.4
20 Day Low19.67
52 Week High20.4
52 Week Low12.31
Performance
1 Week-1.91%
2 Weeks-0.25%
1 Month0.96%
3 Month6.21%
6 Month21.43%
12 Month12.8%
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)-0.02
RSI(14)53.32
LBB19.7
UBB20.4
SRLP Daily chart

SPRAGUE RESOURCES LP

NYSE:SRLP (10/31/2022, 8:04:01 PM)

20

+0.02 (+0.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.1%
1 Week-1.91%
2 Weeks-0.25%
1 Month0.96%
3 Month6.21%
6 Month21.43%
12 Month12.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%0.51%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.4
10 Day Low19.92
20 Day High20.4
20 Day Low19.67
52 Week High20.4
52 Week Low12.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume41.80K
Volume Incr124.6%
Vol(5)104.38K
Vol(50)79.59K