MARTIN MIDSTREAM PARTNERS LP (MMLP)

US5733311055

3.61  +0.21 (+6.18%)

Technical Rating and Analysis

4

Taking everything into account, MMLP scores 4 out of 10 in our technical rating. Although MMLP 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 long and short term trends are negative. It is better to avoid buying stocks with negative trends.
MMLP is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
MMLP is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 75% of 209 stocks in the same industry.
MMLP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MMLP is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that MMLP is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by MMLP over the past year are nicely spread over this period. However, MMLP's most recent performance is quite weak.
Weekly and Daily overview Charts
MMLP Weekly chart
MMLP Daily chart
Setup Rating and Analysis

1

MMLP has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

2.45

4.09

We found 3 important support areas.

  • A support zone ranging from 3.37 to 3.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 3.20 to 3.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.47 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 4.00 to 4.05. This zone is formed by a combination of multiple trend lines 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
CRS83.17
Mansfield-0.22
10 Day High3.77
10 Day Low3.1
20 Day High4.02
20 Day Low3.1
52 Week High4.13
52 Week Low2.04
Performance
1 Week3.34%
2 Weeks-9.33%
1 Month-15.42%
3 Month-14.68%
6 Month-6.59%
12 Month50.44%
2 Year4.94%
3 Year11.11%
5 Year11.84%
10 Year-88.67%
15 Year-89.75%
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)-0.04
RSI(14)30.38
LBB2.96
UBB4.11
MMLP Daily chart

MARTIN MIDSTREAM PARTNERS LP

NASDAQ:MMLP (1/15/2025, 11:55:36 AM)

3.61

+0.21 (+6.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg6.18%
1 Week3.34%
2 Weeks-9.33%
1 Month-15.42%
3 Month-14.68%
6 Month-6.59%
12 Month50.44%
2 Year4.94%
3 Year11.11%
5 Year11.84%
10 Year-88.67%
15 Year-89.75%
Volatility
ATR(14)0.16
ATR(20)%3.53%
ATR Inc12.56%
Range Today0.29
ADR(20)0.12
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.17
Mansfield-0.22
10 Day High3.77
10 Day Low3.1
20 Day High4.02
20 Day Low3.1
52 Week High4.13
52 Week Low2.04
CS1 End3.24
CR1 Start4
Volume & EV
DER(3)4.36%
DER(5)1.7%
Volume191.14K
Volume Incr-31.77%
Vol(5)115.74K
Vol(50)126.81K