GLOBAL X MLP & ENERGY INFRAS (MLPX) Stock Technical Analysis
NYSEARCA:MLPX - NYSE Arca - US37954Y2937 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to MLPX. Although MLPX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that MLPX is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, MLPX also shows a nice and consistent pattern of rising prices. However, we also see that MLPX couldn't keep up this performance in the last couple of months.
MLPX 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.
In the last month MLPX has a been trading in the 53.54 - 65.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MLPX has only a medium technical rating, but it does show a decent setup pattern. 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 63.24. Right above this resistance zone may be a good entry point.
More info and screens
53.26
67.87
3 important support areas can be observed.
- A support zone ranging from 59.30 to 61.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.31 to 57.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @53.80 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 63.24 to 63.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @67.20 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
CRS83.83
Mansfield1.09
10 Day High61.5
10 Day Low55.19
20 Day High65.14
20 Day Low53.54
52 Week High67.47
52 Week Low47.75
Performance
1 Week2.48%
2 Weeks5.41%
1 Month-5.43%
3 Month-6.95%
6 Month7.45%
12 Month24.25%
2 Year49.71%
3 Year46.87%
5 Year149.17%
10 Year5.21%
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)0.25
RSI(14)52.55
LBB55.2
UBB61.89
NYSEARCA:MLPX (4/24/2025, 8:26:13 PM)
61.17
+1.22 (+2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.04%
1 Week2.48%
2 Weeks5.41%
1 Month-5.43%
3 Month-6.95%
6 Month7.45%
12 Month24.25%
2 Year49.71%
3 Year46.87%
5 Year149.17%
10 Year5.21%
15 YearN/A
Volatility
ATR(14)2.69
ATR(20)%3.72%
ATR Inc-50.65%
Range Today1.34
ADR(20)2.02
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.83
Mansfield1.09
10 Day High61.5
10 Day Low55.19
20 Day High65.14
20 Day Low53.54
52 Week High67.47
52 Week Low47.75
CS1 End61.05
CR1 Start63.24
Volume & EV
DER(3)-0.77%
DER(5)0.88%
Volume246.50K
Volume Incr-36.88%
Vol(5)302.84K
Vol(50)525.03K