USD PARTNERS LP (USDP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:USDP - US9033181036
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.
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
We can see 2 important resistance areas.
- 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. |
NYSE:USDP (11/15/2023, 8:04:55 PM)
0.3151
0 (-1.53%)
USD PARTNERS LP / USDP FAQ
What is the technical rating for USDP stock?
ChartMill assigns a technical rating of 0 / 10 to USDP.
Can you provide the trend direction for USD PARTNERS LP?
The current trend direction for USD PARTNERS LP (USDP) is Bearish.
Can you provide the RSI signal for USD PARTNERS LP?
USD PARTNERS LP (USDP) has an RSI value of 24.993. This indicates that the stock is currently oversold.
What is the buy/sell signal for USDP stock?
The buy/sell signal for USD PARTNERS LP (USDP) is sell as both the short term and long term trends are negative.
What is the support and resistance level for USDP stock?
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.