TXO PARTNERS LP (TXO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TXO - US87313P1030
Taking everything into account, TXO scores 0 out of 10 in our technical rating. TXO'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 technical rating of TXO is bad and it also does not present a quality setup 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.
More info and screens
10.40
5 important resistance areas can be observed.
- A resistance zone ranging from 10.54 to 10.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.00 to 11.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.97 to 12.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.66 to 12.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.14 from a horizontal line 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 TXO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TXO is down. |
| ChartMill Relative Strength | 10.21 | NEGATIVE | TXO has a low relative strength, it was outperformed by 89.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TXO is below a declining 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) | 35.46 | NEUTRAL | The RSI value for TXO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TXO has a positive trend. |
| Stochastics (14,3) | 21.92 | NEUTRAL | The Stochastics value for TXO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for TXO suggests some volalility. |
| Average Directional Index/ADX (14) | 53.65 | POSITIVE | The high ADX value value for TXO suggests a strong trend. |
10.5
+0.13 (+1.25%)
TXO PARTNERS LP / TXO FAQ
Can you provide the ChartMill technical rating for TXO PARTNERS LP?
ChartMill assigns a technical rating of 0 / 10 to TXO.
What is the trend direction for TXO stock?
The current trend direction for TXO PARTNERS LP (TXO) is Bearish.
Can you provide the RSI signal for TXO PARTNERS LP?
TXO PARTNERS LP (TXO) has an RSI value of 35.4582. This indicates that the stock is currently neutral.
What is the short term momentum for TXO stock?
The short term momentum for TXO PARTNERS LP (TXO) is negative.
What are the support and resistance levels for TXO PARTNERS LP (TXO) stock?
TXO PARTNERS LP (TXO) has a resistance level at 10.54. Check the full technical report for our detailed analysis of TXO support and resistance levels.