GLOBAL X MLP ETF (MLPA) Stock Technical Analysis
NYSEARCA:MLPA - NYSE Arca - US37954Y3430 - ETF - Currency: USD
Overall MLPA gets a technical rating of 5 out of 10. In the last year, MLPA was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month MLPA has a been trading in the 50.56 - 53.86 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
When comparing the yearly performance of all stocks, we notice that MLPA is one of the better performing stocks in the market, outperforming 76% of all stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
MLPA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
MLPA has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately.
More info and screens
45.31
55.09
When analyzing the support we can see 5 important areas.
- Support @50.98 from a trend line in the weekly time frame.
- Support @49.96 from a trend line in the daily time frame.
- Support @48.86 from a trend line in the weekly time frame.
- A support zone ranging from 47.18 to 47.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 45.77 to 46.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 51.86 to 53.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @54.54 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.4
Mansfield0.24
10 Day High53.7
10 Day Low50.56
20 Day High53.86
20 Day Low50.56
52 Week High54.53
52 Week Low45.28
Performance
1 Week-3.3%
2 Weeks-3.03%
1 Month-4.13%
3 Month1.34%
6 Month9.17%
12 Month9.28%
2 Year23.97%
3 Year27.97%
5 Year172.86%
10 Year-43.53%
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)-0.27
RSI(14)43.52
LBB50.97
UBB54.36
51.57
+0.73 (+1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.44%
1 Week-3.3%
2 Weeks-3.03%
1 Month-4.13%
3 Month1.34%
6 Month9.17%
12 Month9.28%
2 Year23.97%
3 Year27.97%
5 Year172.86%
10 Year-43.53%
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%1.85%
ATR Inc21.41%
Range Today1.2
ADR(20)0.84
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.4
Mansfield0.24
10 Day High53.7
10 Day Low50.56
20 Day High53.86
20 Day Low50.56
52 Week High54.53
52 Week Low45.28
CS1 End50.98
CR1 Start51.86
Volume & EV
DER(3)-3.77%
DER(5)-5.19%
Volume212.50K
Volume Incr-16.23%
Vol(5)188.78K
Vol(50)170.83K