TXO PARTNERS LP (TXO) Stock Technical Analysis
NYSE:TXO - New York Stock Exchange, Inc. - US87313P1030 - Currency: USD
Overall TXO gets a technical rating of 1 out of 10. TXO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, TXO is a bad performer in the overall market: 88% of all stocks are doing better.
TXO is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 77% of 213 stocks in the same industry do better.
TXO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TXO has a been trading in the 14.78 - 16.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, TXO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.95, a Stop Loss order could be placed below this zone.
More info and screens
14.71
22.73
When analyzing the support we notice one important area.
- A support zone ranging from 14.86 to 14.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 15.92 to 16.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.56 from a trend line in the weekly time frame.
- A resistance zone ranging from 19.30 to 19.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.87 from a horizontal line in the daily time frame.
- Resistance @22.50 from a horizontal line in the weekly 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 TXO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TXO is neutral. |
| ChartMill Relative Strength | 12.17 | NEGATIVE | TXO has a low relative strength, it was outperformed by 87.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TXO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TXO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TXO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.7 | NEUTRAL | The RSI value for TXO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests TXO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.43 | NEUTRAL | The Stochastics value for TXO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for TXO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.16 | NEUTRAL | The ADX value for TXO suggests a possible start of a new 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)
NYSE:TXO (6/25/2025, 11:51:07 AM)
15.41
+0.04 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.26%
1 Week-0.71%
2 Weeks2.26%
1 Month0.46%
3 Month-19.74%
6 Month-8.57%
12 Month-23.76%
2 Year-29.01%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%2.61%
ATR Inc36.25%
Range Today0.22
ADR(20)0.4
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.17
Mansfield-2.03
10 Day High16.26
10 Day Low15
20 Day High16.26
20 Day Low14.78
52 Week High21.72
52 Week Low14.78
CS1 End14.95
CR1 Start15.92
Volume & EV
DER(3)-3.88%
DER(5)0.02%
Volume49.00K
Volume Incr104.79%
Vol(5)560.46K
Vol(50)307.62K