ALERIAN MLP ETF (AMLP) Stock Technical Analysis
NYSEARCA:AMLP - NYSE Arca - US00162Q4525 - ETF - Currency: USD
Overall AMLP gets a technical rating of 9 out of 10. Both in the recent history as in the last year, AMLP has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AMLP did better than 72% of all other stocks. On top of that, AMLP also shows a nice and consistent pattern of rising prices.
AMLP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AMLP is lagging the market slightly.
AMLP has an average volume of 1627030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AMLP has a been trading in a tight range between 50.38 and 53.24.
AMLP 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 50.94, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AMLP in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
45.00
53.60
We found 4 important support areas.
- A support zone ranging from 50.32 to 50.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.36 to 48.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 47.05 to 47.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 45.45 to 46.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 51.87 to 53.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.36
Mansfield0.03
10 Day High52.93
10 Day Low50.38
20 Day High53.24
20 Day Low50.38
52 Week High53.24
52 Week Low44.21
Performance
1 Week0.64%
2 Weeks-1.22%
1 Month-0.71%
3 Month4.19%
6 Month10.09%
12 Month12.12%
2 Year33%
3 Year37.56%
5 Year55.05%
10 Year-39.38%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.13
RSI(14)51.61
LBB50.81
UBB53.36
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 |
|---|---|---|---|
| 51.88 | 50.37 | 1.51 (2.91%) | 25.00% |
| An entry @51.88. This is a Buy Stop order right above the 10 day moving average. | An exit @50.37. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.51 points, which is 2.91%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%. |
- 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.
51.71
-0.53 (-1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.01%
1 Week0.64%
2 Weeks-1.22%
1 Month-0.71%
3 Month4.19%
6 Month10.09%
12 Month12.12%
2 Year33%
3 Year37.56%
5 Year55.05%
10 Year-39.38%
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%1.72%
ATR Inc-21.84%
Range Today0.72
ADR(20)0.81
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.36
Mansfield0.03
10 Day High52.93
10 Day Low50.38
20 Day High53.24
20 Day Low50.38
52 Week High53.24
52 Week Low44.21
CS1 End50.94
CR1 Start51.87
Volume & EV
DER(3)0.32%
DER(5)3.3%
Volume1.19M
Volume Incr-18.47%
Vol(5)1.43M
Vol(50)1.63M