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SUBURBAN PROPANE PARTNERS LP (SPH) Stock Technical Analysis

NYSE:SPH - New York Stock Exchange, Inc. - US8644821048 - Currency: USD

21.8  -0.19 (-0.86%)

Technical Rating and Analysis

8

Overall SPH gets a technical rating of 8 out of 10. Although SPH is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
SPH is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SPH has a been trading in the 19.16 - 22.24 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, SPH did better than 77% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SPH is an average performer in the Gas Utilities industry, it outperforms 69% of 14 stocks in the same industry.
Weekly and Daily overview Charts
SUBURBAN PROPANE PARTNERS LP / SPH Weekly stock chart
SUBURBAN PROPANE PARTNERS LP / SPH Daily stock chart
Setup Rating and Analysis

7

SPH has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

Support and Resistance Analysis

16.49

22.42

When analyzing the support we can see 6 important areas.

  • Support @20.74 from a horizontal line in the daily time frame.
  • Support @18.43 from a horizontal line in the daily time frame.
  • Support @17.62 from a trend line in the weekly time frame.
  • Support @17.32 from a horizontal line in the daily time frame.
  • Support @17.01 from a horizontal line in the weekly time frame.
  • Support @16.66 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @22.20 from a horizontal line in the daily time frame.
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
CRS77.63
Mansfield0.61
10 Day High22.24
10 Day Low20.61
20 Day High22.24
20 Day Low19.16
52 Week High22.24
52 Week Low15.2
Performance
1 Week1.58%
2 Weeks5.11%
1 Month13.78%
3 Month16.83%
6 Month19.98%
12 Month4.91%
2 Year43.14%
3 Year46.01%
5 Year11.4%
10 Year-50.61%
15 Year-54.18%
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)-0.01
RSI(14)63.97
LBB20.77
UBB22.35
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
22.2120.731.48 (6.66%)15.01%
An entry @22.21. This is a Buy Stop order right above the resistance zone.An exit @20.73. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.48 points, which is 6.66%.For a 1.00% total portfolio risk, you can invest 15.01% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SUBURBAN PROPANE PARTNERS LP / SPH Daily stock chart

SUBURBAN PROPANE PARTNERS LP

NYSE:SPH (2/21/2025, 8:04:00 PM)

21.8

-0.19 (-0.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-0.86%
1 Week1.58%
2 Weeks5.11%
1 Month13.78%
3 Month16.83%
6 Month19.98%
12 Month4.91%
2 Year43.14%
3 Year46.01%
5 Year11.4%
10 Year-50.61%
15 Year-54.18%
Volatility
ATR(14)0.73
ATR(20)%3.56%
ATR Inc-39.98%
Range Today0.46
ADR(20)0.74
ADR(20)%3.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.63
Mansfield0.61
10 Day High22.24
10 Day Low20.61
20 Day High22.24
20 Day Low19.16
52 Week High22.24
52 Week Low15.2
CS1 End20.74
CR1 Start22.2
Volume & EV
DER(3)-1.16%
DER(5)-3.31%
Volume157.20K
Volume Incr-50.65%
Vol(5)203.00K
Vol(50)275.27K