MARTIN MIDSTREAM PARTNERS LP (MMLP) Stock Technical Analysis
NASDAQ:MMLP - Nasdaq - US5733311055 - Currency: USD
Taking everything into account, MMLP scores 0 out of 10 in our technical rating. MMLP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MMLP is a bad performer in the overall market: 66% of all stocks are doing better.
MMLP is currently trading near the lower end of its 52 week range, which is not a good sign. MMLP is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month MMLP has a been trading in the 2.56 - 3.74 range, which is quite wide. It is currently trading near the lows of this range.
MMLP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 64% of 212 stocks in the same industry.
MMLP has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.61
4.09
When analyzing the support we notice one important area.
- A support zone ranging from 2.64 to 2.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.85 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.65 to 3.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @4.05 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
CRS34.16
Mansfield-1.88
10 Day High3.04
10 Day Low2.56
20 Day High3.74
20 Day Low2.56
52 Week High4.13
52 Week Low2.55
Performance
1 Week-5.63%
2 Weeks-8.53%
1 Month-26.78%
3 Month-24.72%
6 Month-33%
12 Month0.37%
2 Year2.29%
3 Year-39.78%
5 Year-0.37%
10 Year-92.78%
15 Year-91.73%
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)-0.03
RSI(14)22.38
LBB2.35
UBB3.46
2.68
+0.01 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.37%
1 Week-5.63%
2 Weeks-8.53%
1 Month-26.78%
3 Month-24.72%
6 Month-33%
12 Month0.37%
2 Year2.29%
3 Year-39.78%
5 Year-0.37%
10 Year-92.78%
15 Year-91.73%
Volatility
ATR(14)0.21
ATR(20)%7.09%
ATR Inc-30.37%
Range Today0.15
ADR(20)0.19
ADR(20)%7.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.16
Mansfield-1.88
10 Day High3.04
10 Day Low2.56
20 Day High3.74
20 Day Low2.56
52 Week High4.13
52 Week Low2.55
CS1 End2.64
CR1 Start2.85
Volume & EV
DER(3)-5%
DER(5)-6.98%
Volume77.50K
Volume Incr7.42%
Vol(5)75.30K
Vol(50)93.51K