TXO PARTNERS LP (TXO) Stock Technical Analysis
USA - NYSE:TXO - US87313P1030
13.33 USD
-0.05 (-0.37%)
13.74 USD
+0.41 (+3.08%)
Taking everything into account, TXO scores 1 out of 10 in our technical rating. 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: 80% of all stocks are doing better.
TXO is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 70% of 210 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. The S&P500 Index is trading in the upper part of its 52 week range, so TXO is lagging the market.
In the last month TXO has a been trading in the 12.70 - 14.09 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TXO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
13.20
17.26
We can see 3 important resistance areas.
- A resistance zone ranging from 13.34 to 13.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.14 to 14.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.09 from a trend 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 | 20.94 | NEGATIVE | TXO has a low relative strength, it was outperformed by 79.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TXO is below 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) | 46.97 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 39.4 | NEUTRAL | The Stochastics value for TXO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for TXO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.5 | NEGATIVE | The low ADX value for TXO suggests a weak or negative 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)
13.33
-0.05 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.37%
1 Week-3.68%
2 Weeks1.21%
1 Month4.8%
3 Month-4.92%
6 Month-12.88%
12 Month-26.92%
2 Year-27%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%2.56%
ATR Inc2.28%
Range Today0.27
ADR(20)0.33
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.94
3 months CRS33.41
6 months CRS17.7
Mansfield-2.4
10 Day High14.09
10 Day Low12.99
20 Day High14.09
20 Day Low12.7
52 Week High20.7
52 Week Low12.61
CS1 EndN/A
CR1 Start13.34
Volume & EV
DER(3)1.55%
DER(5)2.64%
Volume242.51K
Volume Incr2.41%
Vol(5)170.87K
Vol(50)168.42K
TXO PARTNERS LP / TXO FAQ
Can you provide the ChartMill technical rating for TXO PARTNERS LP?
ChartMill assigns a technical rating of 1 / 10 to TXO.
What is the current trend direction of TXO PARTNERS LP (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 46.9709. This indicates that the stock is currently neutral.
What is the MACD signal for TXO PARTNERS LP (TXO) stock?
The MACD indicator for TXO PARTNERS LP (TXO) has a value of 0.0446784, indicating a bearish trend.
What is the support and resistance level for TXO stock?
TXO PARTNERS LP (TXO) has a resistance level at 13.34. Check the full technical report for our detailed analysis of TXO support and resistance levels.