SUNOCO LOGISTICS PRTNRS L P (SXL) Stock Technical Analysis
NYSE:SXL - New York Stock Exchange, Inc. - US86764L1089
We assign a technical rating of 1 out of 10 to SXL. SXL'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
83% of all other stocks performed better in the past year than SXL.
SXL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SXL is lagging the market.
SXL has an average volume of 2748230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SXL has a been trading in a tight range between 23.42 and 24.71.
Volume is considerably higher in the last couple of days.
SXL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.81, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SXL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
22.29
26.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 23.56 to 23.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @23.18 from a horizontal line in the weekly time frame.
- Support @22.52 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 24.00 to 24.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.52 to 26.71. This zone is formed by a combination of multiple trend lines 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 SXL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SXL is neutral. |
| ChartMill Relative Strength | 17.83 | NEGATIVE | SXL has a low relative strength, it was outperformed by 82.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SXL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SXL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SXL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.85 | NEUTRAL | The RSI value for SXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SXL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.42 | NEUTRAL | The Stochastics value for SXL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for SXL suggests low volalility. |
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)
23.94
-0.09 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.37%
1 Week1.66%
2 Weeks0.59%
1 Month0.25%
3 Month-8.17%
6 Month-9.22%
12 Month-18.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%1.83%
ATR Inc77.35%
Range Today0.53
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
CRS17.83
Mansfield-1.67
10 Day High24.35
10 Day Low23.42
20 Day High24.71
20 Day Low23.42
52 Week High31.49
52 Week Low22.07
CS1 End23.81
CR1 Start24
Volume & EV
DER(3)4.22%
DER(5)6.98%
Volume7.04M
Volume Incr310.2%
Vol(5)9.32M
Vol(50)2.75M