MACH NATURAL RESOURCES LP (MNR) Stock Technical Analysis
NYSE:MNR - New York Stock Exchange, Inc. - US55445L1008 - Currency: USD
Overall MNR gets a technical rating of 1 out of 10. MNR's overall performance in the market is below average. Also 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.
When comparing the yearly performance of all stocks, MNR is a bad performer in the overall market: 78% of all stocks are doing better.
MNR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
MNR 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MNR is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 43% of 211 stocks in the same industry.
Although the technical rating is bad, MNR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
14.81
20.97
When analyzing the support we notice one important area.
- Support @14.96 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 16.06 to 16.18. 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 16.63 to 16.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.74 to 17.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 18.17 to 18.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.76 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.34
Mansfield-1.79
10 Day High16.65
10 Day Low15.77
20 Day High19
20 Day Low15.56
52 Week High21.19
52 Week Low14.46
Performance
1 Week-0.62%
2 Weeks1.26%
1 Month-12.46%
3 Month-3.2%
6 Month-22.01%
12 Month-18.01%
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.09
RSI(14)38.3
LBB15.33
UBB17.5
16.02
-0.31 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.9%
1 Week-0.62%
2 Weeks1.26%
1 Month-12.46%
3 Month-3.2%
6 Month-22.01%
12 Month-18.01%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%3.5%
ATR Inc-19.06%
Range Today0.33
ADR(20)0.49
ADR(20)%3.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.34
Mansfield-1.79
10 Day High16.65
10 Day Low15.77
20 Day High19
20 Day Low15.56
52 Week High21.19
52 Week Low14.46
CS1 End14.96
CR1 Start16.06
Volume & EV
DER(3)-4.92%
DER(5)-3.3%
Volume403.70K
Volume Incr52.44%
Vol(5)536.82K
Vol(50)305.10K