BLACK STONE MINERALS LP (BSM)
US09225M1018
We assign a technical rating of 4 out of 10 to BSM. Recently some decent action could be observed, but in the medium term time frame this is still negative. BSM was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, BSM is a bad performer in the overall market: 77% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month BSM has a been trading in the 14.57 - 15.50 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
BSM is part of the Oil, Gas & Consumable Fuels industry. There are 204 other stocks in this industry, BSM did better than 40% of them.
BSM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BSM is lagging the market.
Although the technical rating is only medium, BSM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 15.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.32, a Stop Loss order could be placed below this zone.
More info and screens
13.90
16.87
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.81 to 15.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.04 to 14.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 15.36 to 15.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @15.89 from a horizontal line in the daily time frame.
- A resistance zone ranging from 16.66 to 16.70. This zone is formed by a combination of multiple trend lines 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
CRS23.61
Mansfield-1.29
10 Day High15.42
10 Day Low14.73
20 Day High15.5
20 Day Low14.57
52 Week High17.8
52 Week Low13.94
Performance
1 Week0.07%
2 Weeks-0.45%
1 Month1.59%
3 Month3.72%
6 Month-2.1%
12 Month-13.23%
2 Year-18.13%
3 Year37.3%
5 Year29.32%
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)0.02
RSI(14)58.45
LBB14.83
UBB15.44
BLACK STONE MINERALS LP
NYSE:BSM (11/21/2024, 8:16:14 PM)
After market: 15.42 +0.07 (+0.46%)15.35
+0.2 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.32%
1 Week0.07%
2 Weeks-0.45%
1 Month1.59%
3 Month3.72%
6 Month-2.1%
12 Month-13.23%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%1.88%
ATR Inc
Range Today0.27
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High15.42
10 Day Low14.73
20 Day High15.5
20 Day Low14.57
52 Week High17.8
52 Week Low13.94
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume634.60K
Volume Incr-6.7%
Vol(5)399.84K
Vol(50)376.65K