USD PARTNERS LP (USDP) Technical Analysis
NYSE:USDP • US9033181036
Current stock price
USDP Technical Rating and Analysis
Taking everything into account, USDP scores 0 out of 10 in our technical rating. USDP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, USDP is a bad performer in the overall market: 98% of all stocks are doing better.
- USDP is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 93% are performing better than USDP.
- USDP is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so USDP is lagging the market.
- In the last month USDP has a been trading in the 0.30 - 0.52 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
USDP Weekly and Daily overview Charts
USDP Setup Rating and Analysis
The technical rating of USDP 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
USDP Support and Resistance Analysis
0.31
2 important resistance areas can be observed.
- Resistance @0.35 from a trend line in the daily time frame.
- A resistance zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
USDP Technical Indicator Signal Analysis
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 USDP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for USDP is down. |
| ChartMill Relative Strength | 2.34 | NEGATIVE | USDP has a low relative strength, it was outperformed by 97.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of USDP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of USDP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of USDP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.99 | OVERSOLD | The low RSI value suggests USDP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests USDP has a negative trend. |
| Stochastics (14,3) | 8.14 | OVERSOLD | The low Stochastics value suggests USDP may be oversold. |
| Average True Range in percent/ATR (20) | 15.96 | HIGH VOLATILITY | The high ATR as a percentage value for USDP suggests high volalility. |
| Average Directional Index/ADX (14) | 49.24 | POSITIVE | The high ADX value value for USDP suggests a strong trend. |
USDP Chart- and CandleStick Pattern Analysis
USDP Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:USDP (11/15/2023, 8:04:55 PM)
0.3151
0 (-1.53%)
USD PARTNERS LP / USDP TA FAQ
What is the technical rating for USDP stock?
ChartMill assigns a technical rating of 0 / 10 to USDP.
What is the trend direction for USDP stock?
The current trend direction for USD PARTNERS LP (USDP) is Bearish.
What is the RSI signal for USDP stock?
USD PARTNERS LP (USDP) has an RSI value of 24.993. This indicates that the stock is currently oversold.
What is the short term momentum for USDP stock?
The short term momentum for USD PARTNERS LP (USDP) is negative.
Can you provide the support and resistance levels for USD PARTNERS LP?
USD PARTNERS LP (USDP) has a resistance level at 0.35. Check the full technical report for our detailed analysis of USDP support and resistance levels.