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BLUEKNIGHT ENERGY PARTNERS L (BKEP) Stock Technical Analysis

NASDAQ:BKEP - Nasdaq - US09625U1097 - Currency: USD

4.63  0 (-0.11%)

After market: 4.64 +0.01 (+0.22%)

Technical Rating and Analysis

10

Overall BKEP gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BKEP 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, BKEP did better than 94% of all other stocks. On top of that, BKEP also shows a nice and consistent pattern of rising prices.
BKEP is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. BKEP outperforms 96% of them.
BKEP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BKEP has a been trading in a tight range between 4.56 and 4.68.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BLUEKNIGHT ENERGY PARTNERS L / BKEP Weekly stock chart
BLUEKNIGHT ENERGY PARTNERS L / BKEP Daily stock chart
Setup Rating and Analysis

8

BKEP 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 resistance zone just above the current price starting at 4.63. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

3.21

4.73

We found 4 important support areas.

  • A support zone ranging from 4.49 to 4.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @3.46 from a trend line in the weekly time frame.
  • Support @3.35 from a trend line in the daily time frame.
  • A support zone ranging from 3.24 to 3.26. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 4.63 to 4.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.86
Mansfield2.37
10 Day High4.65
10 Day Low4.6
20 Day High4.68
20 Day Low4.56
52 Week High4.68
52 Week Low3
Performance
1 Week0.43%
2 Weeks-0.86%
1 Month0.87%
3 Month2.43%
6 Month30.42%
12 Month45.37%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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)-0.01
RSI(14)58.48
LBB4.6
UBB4.68
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
4.664.590.07 (1.50%)25.00%
An entry @4.66. This is a Buy Stop order right above the 10 day high.An exit @4.59. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.07 points, which is 1.50%.For a 0.38% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
BLUEKNIGHT ENERGY PARTNERS L / BKEP Daily stock chart

BLUEKNIGHT ENERGY PARTNERS L

NASDAQ:BKEP (8/17/2022, 8:27:57 PM)

After market: 4.64 +0.01 (+0.22%)

4.63

0 (-0.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.11%
1 Week0.43%
2 Weeks-0.86%
1 Month0.87%
3 Month2.43%
6 Month30.42%
12 Month45.37%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.54%
ATR Inc-46.17%
Range Today0.02
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
CRS94.86
Mansfield2.37
10 Day High4.65
10 Day Low4.6
20 Day High4.68
20 Day Low4.56
52 Week High4.68
52 Week Low3
CS1 End4.57
CR1 Start4.63
Volume & EV
DER(3)-1.17%
DER(5)-1.62%
Volume2.14M
Volume Incr315.72%
Vol(5)858.16K
Vol(50)266.94K