USD PARTNERS LP (USDP) Stock Technical Analysis
NYSE:USDP - New York Stock Exchange, Inc. - US9033181036 - Currency: USD
Overall USDP gets a technical rating of 0 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
98% of all other stocks performed better in the past year than USDP.
USDP is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 90% are performing better than USDP.
USDP is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
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.
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
0.31
0.36
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.
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. |
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:USDP (11/15/2023, 8:04:55 PM)
0.3151
0 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.53%
1 Week-16.62%
2 Weeks-14.84%
1 Month-31.43%
3 Month-53.23%
6 Month-79.54%
12 Month-91.75%
2 Year-94.21%
3 Year-91.48%
5 Year-97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%15.96%
ATR Inc-27.39%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.34
Mansfield-8.51
10 Day High0.42
10 Day Low0.3
20 Day High0.52
20 Day Low0.3
52 Week High4.35
52 Week Low0.3
CS1 EndN/A
CR1 Start0.35
Volume & EV
DER(3)-12.89%
DER(5)-14.86%
Volume87.70K
Volume Incr-29.57%
Vol(5)66.48K
Vol(50)70.06K