INVESCO MORNINGSTAR MLP DIST (MLPD.MI) Stock Technical Analysis
BIT:MLPD - Euronext Milan - IE00B8CJW150 - ETF - Currency: EUR
Overall MLPD gets a technical rating of 1 out of 10. MLPD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month MLPD has a been trading in the 49.37 - 55.29 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: MLPD has an average volume of 3406 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, MLPD turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
MLPD 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.
The technical rating of MLPD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
42.85
55.80
We found 4 important support areas.
- Support @47.58 from a trend line in the weekly time frame.
- Support @46.76 from a horizontal line in the daily time frame.
- Strong support @44.50 from a horizontal line in the daily time frame.
- A support zone ranging from 43.28 to 43.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @49.31 from a trend line in the weekly time frame.
- A resistance zone ranging from 52.02 to 52.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 53.35 to 53.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 54.71 to 55.25. 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
CRS42.29
Mansfield-0.06
10 Day High54.67
10 Day Low49.37
20 Day High55.29
20 Day Low49.37
52 Week High55.29
52 Week Low43.15
Performance
1 Week-8.25%
2 Weeks-9.91%
1 Month-9.14%
3 Month-8.06%
6 Month-8.06%
12 Month11.62%
2 Year26.46%
3 Year42.84%
5 Year238.79%
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)-0.63
RSI(14)29.02
LBB49.34
UBB56.73
BIT:MLPD (3/7/2025, 7:00:00 PM)
49.28
-0.86 (-1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.72%
1 Week-8.25%
2 Weeks-9.91%
1 Month-9.14%
3 Month-8.06%
6 Month-8.06%
12 Month11.62%
2 Year26.46%
3 Year42.84%
5 Year238.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%1.77%
ATR Inc-45.97%
Range Today0.61
ADR(20)0.72
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.29
Mansfield-0.06
10 Day High54.67
10 Day Low49.37
20 Day High55.29
20 Day Low49.37
52 Week High55.29
52 Week Low43.15
CS1 End47.58
CR1 Start49.31
Volume & EV
DER(3)-0.19%
DER(5)-0.11%
Volume7.31K
Volume Incr84.52%
Vol(5)5.48K
Vol(50)3.41K