Overall YMLP gets a technical rating of 0 out of 10. YMLP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
YMLP has a poor technical rating and the quality of the setup is also only medium 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
16.96
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 17.74 to 18.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.00 to 19.16. 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 | DOWN | NEGATIVE | The long term trend for YMLP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for YMLP is down. |
| ChartMill Relative Strength | 18.38 | NEGATIVE | YMLP has a low relative strength, it was outperformed by 81.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of YMLP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of YMLP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of YMLP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.7 | NEUTRAL | The RSI value for YMLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests YMLP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.41 | OVERSOLD | The low Stochastics value suggests YMLP may be oversold. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for YMLP suggests low volalility. |
Yorkville High Income Mlp Excha
NYSEARCA:YMLP (11/29/2019, 8:05:27 PM)
17.135
-0.04 (-0.21%)
Yorkville High Income Mlp Excha / YMLP FAQ
What is the ChartMill technical rating of Yorkville High Income Mlp Excha (YMLP) stock?
ChartMill assigns a technical rating of 0 / 10 to YMLP.
What is the current trend direction of Yorkville High Income Mlp Excha (YMLP) stock?
The current trend direction for Yorkville High Income Mlp Excha (YMLP) is Bearish.
Can you provide the RSI signal for Yorkville High Income Mlp Excha?
Yorkville High Income Mlp Excha (YMLP) has an RSI value of 31.7018. This indicates that the stock is currently neutral.
What is the MACD signal for YMLP stock?
The MACD indicator for Yorkville High Income Mlp Excha (YMLP) has a value of -0.0461568, indicating a bearish trend.
What is the buy/sell signal for Yorkville High Income Mlp Excha (YMLP) stock?
The buy/sell signal for Yorkville High Income Mlp Excha (YMLP) is sell as both the short term and long term trends are negative.