CVR PARTNERS LP (UAN) Stock Technical Analysis
USA - NYSE:UAN - US1266332055
Overall UAN gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
UAN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 91.82, a Stop Loss order could be placed below this zone.
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64.85
When analyzing the support we can see 6 important areas.
- A support zone ranging from 90.12 to 90.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 85.40 to 88.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @82.42 from a horizontal line in the daily time frame.
- Support @74.58 from a trend line in the weekly time frame.
- Support @68.01 from a trend line in the weekly time frame.
- Support @65.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 91.78 to 92.29. 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 96.53 to 97.16. 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 | UP | POSITIVE | The long term trend for UAN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UAN is neutral. |
| ChartMill Relative Strength | 75.39 | POSITIVE | UAN has a high relative strength, it outperformed 75.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UAN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UAN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UAN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.71 | NEUTRAL | The RSI value for UAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests UAN has a negative trend. |
| Stochastics (14,3) | 57.13 | NEUTRAL | The Stochastics value for UAN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for UAN suggests some volalility. |
| Average Directional Index/ADX (14) | 14.66 | NEGATIVE | The low ADX value for UAN suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 91.83 | 90.11 | 1.72 (1.87%) | 25.00% |
| An entry @91.83. This is a Buy Stop order right above the 10 day moving average. | An exit @90.11. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.72 points, which is 1.87%. | For a 0.47% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of UAN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
91.76
-0.11 (-0.12%)
CVR PARTNERS LP / UAN FAQ
What is the technical rating for UAN stock?
ChartMill assigns a technical rating of 7 / 10 to UAN.
What is the trend direction for UAN stock?
The current trend direction for CVR PARTNERS LP (UAN) is Bullish.
Can you provide the RSI signal for CVR PARTNERS LP?
CVR PARTNERS LP (UAN) has an RSI value of 50.7127. This indicates that the stock is currently neutral.
What is the short term momentum for UAN stock?
The short term momentum for CVR PARTNERS LP (UAN) is neutral.
Can you provide the support and resistance levels for CVR PARTNERS LP?
CVR PARTNERS LP (UAN) has a support level at 91.82 and a resistance level at 96.53. Check the full technical report for our detailed analysis of UAN support and resistance levels.