ETRACS ALERIAN INFRAST SER B (MLPB) Stock Technical Analysis
NYSEARCA:MLPB - NYSE Arca - US90274D3825 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to MLPB. In the last year, MLPB was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month MLPB has a been trading in the 26.35 - 28.96 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MLPB has an average volume of 9400 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that MLPB is one of the better performing stocks in the market, outperforming 81% 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.
MLPB 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.
Volume is considerably higher in the last couple of days.
MLPB has only a medium technical rating, but it does show 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 26.69, a Stop Loss order could be placed below this zone.
More info and screens
22.74
28.26
We found 5 important support areas.
- A support zone ranging from 26.60 to 26.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.03 from a trend line in the daily time frame.
- A support zone ranging from 24.52 to 24.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.60 to 23.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 22.97 to 23.19. 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 26.79 to 27.98. 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
CRS81.26
Mansfield0.5
10 Day High28.96
10 Day Low26.35
20 Day High28.96
20 Day Low26.35
52 Week High28.96
52 Week Low22.59
Performance
1 Week-3.61%
2 Weeks-3.06%
1 Month-2.41%
3 Month1.88%
6 Month12.12%
12 Month13.8%
2 Year40.34%
3 Year48.57%
5 Year228.02%
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)-0.16
RSI(14)44.62
LBB26.48
UBB28.29
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 |
|---|---|---|---|
| 27.21 | 26.59 | 0.62 (2.26%) | 25.00% |
| An entry @27.21. This is a Buy Stop order right above the 10 day moving average. | An exit @26.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.62 points, which is 2.26%. | For a 0.57% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MLPB. Please evaluate whether better entry and exit points can be found.
- 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.
NYSEARCA:MLPB (3/7/2025, 8:04:00 PM)
26.7648
+0.32 (+1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.19%
1 Week-3.61%
2 Weeks-3.06%
1 Month-2.41%
3 Month1.88%
6 Month12.12%
12 Month13.8%
2 Year40.34%
3 Year48.57%
5 Year228.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%1.86%
ATR Inc-12.03%
Range Today0.49
ADR(20)0.41
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.26
Mansfield0.5
10 Day High28.96
10 Day Low26.35
20 Day High28.96
20 Day Low26.35
52 Week High28.96
52 Week Low22.59
CS1 End26.69
CR1 Start26.79
Volume & EV
DER(3)0.5%
DER(5)-4.1%
Volume13.50K
Volume Incr63.16%
Vol(5)17.58K
Vol(50)9.40K