TESORO LOGISTICS LP (TLLP) Stock Technical Analysis
NYSE:TLLP - New York Stock Exchange, Inc. - US88160T1079
Overall TLLP gets a technical rating of 2 out of 10. TLLP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
TLLP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, TLLP outperforms 61% of them, which is more or less in line with the market.
TLLP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TLLP is lagging the market.
TLLP 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
44.02
54.27
We found 2 important support areas.
- A support zone ranging from 48.96 to 49.12. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @44.46 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 52.31 to 52.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 53.57 to 53.73. 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 | NEUTRAL | NEUTRAL | The long term trend for TLLP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TLLP is neutral. |
| ChartMill Relative Strength | 61.43 | NEUTRAL | TLLP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TLLP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TLLP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TLLP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.78 | NEUTRAL | The RSI value for TLLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests TLLP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.46 | NEUTRAL | The Stochastics value for TLLP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for TLLP suggests some 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)
52.13
+0.13 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.25%
1 Week1.09%
2 Weeks-3.64%
1 Month-1.23%
3 Month0%
6 Month-9.53%
12 Month10.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%2.47%
ATR Inc-40.84%
Range Today0.95
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
CRS61.43
Mansfield-0.51
10 Day High54.73
10 Day Low51.36
20 Day High54.73
20 Day Low50.03
52 Week High60.14
52 Week Low43
CS1 End49.12
CR1 Start52.31
Volume & EV
DER(3)-3%
DER(5)-3.61%
Volume339.20K
Volume Incr-7.4%
Vol(5)353.12K
Vol(50)347.81K