GLOBAL PARTNERS LP (GLP)

US37946R1095

49.38  +1.5 (+3.13%)

Technical Rating and Analysis

5

Taking everything into account, GLP scores 5 out of 10 in our technical rating. GLP was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month GLP has a been trading in the 44.99 - 58.77 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, GLP did better than 77% of all other stocks. On top of that, GLP also shows a nice and consistent pattern of rising prices.
GLP is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 78% of 205 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
GLP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GLP is lagging the market.
Weekly and Daily overview Charts
GLP Weekly chart
GLP Daily chart
Setup Rating and Analysis

3

GLP has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

43.97

50.71

3 important support areas can be observed.

  • Support @47.86 from a horizontal line in the weekly time frame.
  • A support zone ranging from 46.10 to 46.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @44.41 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 49.39 to 50.21. 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
CRS77.2
Mansfield-0.36
10 Day High56.61
10 Day Low44.99
20 Day High58.77
20 Day Low44.99
52 Week High58.77
52 Week Low37
Performance
1 Week1.67%
2 Weeks-8.42%
1 Month-6.44%
3 Month10.47%
6 Month8.22%
12 Month16.71%
2 Year42.02%
3 Year110.22%
5 Year144.94%
10 Year49.68%
15 Year115.07%
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)-0.91
RSI(14)44
LBB44.44
UBB58.97
GLP Daily chart

GLOBAL PARTNERS LP

NYSE:GLP (12/24/2024, 8:17:10 PM)

49.38

+1.5 (+3.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.13%
1 Week1.67%
2 Weeks-8.42%
1 Month-6.44%
3 Month10.47%
6 Month8.22%
12 Month16.71%
2 Year42.02%
3 Year110.22%
5 Year144.94%
10 Year49.68%
15 Year115.07%
Volatility
ATR(14)2.59
ATR(20)%4.73%
ATR Inc13.18%
Range Today2.55
ADR(20)2.3
ADR(20)%4.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.2
Mansfield-0.36
10 Day High56.61
10 Day Low44.99
20 Day High58.77
20 Day Low44.99
52 Week High58.77
52 Week Low37
CS1 End47.86
CR1 Start49.39
Volume & EV
DER(3)-0.89%
DER(5)-2.77%
Volume36.80K
Volume Incr20.9%
Vol(5)103.50K
Vol(50)79.64K