Logo image of TLLP

TESORO LOGISTICS LP (TLLP) Stock Technical Analysis

USA - New York Stock Exchange - NYSE:TLLP - US88160T1079

52.13
+0.13 (+0.25%)
Last: 7/31/2017, 10:17:26 PM
51.873
-0.26 (-0.49%)
After Hours: 7/31/2017, 10:17:26 PM
Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to TLLP. TLLP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

TLLP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, TLLP turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
TLLP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TLLP is lagging the market.

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Weekly and Daily overview Charts
TESORO LOGISTICS LP / TLLP Weekly stock chart
TESORO LOGISTICS LP / TLLP Daily stock chart
Setup Rating and Analysis

6

TLLP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

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Support and Resistance Analysis

44.02

54.27

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 48.96 to 49.12. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @44.46 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 52.31 to 52.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 53.57 to 53.73. This zone is formed by a combination of multiple trend lines in the daily time frame.

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for TLLP is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for TLLP is neutral.
ChartMill Relative Strength61.43NEUTRALTLLP is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of TLLP is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of TLLP is above a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of TLLP is above the rising SMA(200).
Relative Strength Index/RSI (14)51.78NEUTRALThe RSI value for TLLP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.11NEGATIVEThe MACD value suggests TLLP has a negative trend, although the MACD value is rising.
Stochastics (14,3)32.46NEUTRALThe Stochastics value for TLLP is a neutral value.
Average True Range in percent/ATR (20)2.47MEDIUM VOLATILITYThe ATR as a percentage value for TLLP suggests some volalility.
Chart- and CandleStick Pattern Analysis
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)

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TESORO LOGISTICS LP / TLLP Daily stock chart

TESORO LOGISTICS LP

NYSE:TLLP (7/31/2017, 10:17:26 PM)

After market: 51.873 -0.26 (-0.49%)

52.13

+0.13 (+0.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.25%
1 Week1.09%
2 Weeks-3.64%
1 Month-1.23%
3 Month0%
6 Month-9.53%
12 Month10.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%2.47%
ATR Inc-40.84%
Range Today0.95
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.43
3 months CRSN/A
6 months CRSN/A
Mansfield-0.51
10 Day High54.73
10 Day Low51.36
20 Day High54.73
20 Day Low50.03
52 Week High60.14
52 Week Low43
CS1 End49.12
CR1 Start52.31
Volume & EV
DER(3)-3%
DER(5)-3.61%
Volume339.20K
Volume Incr-7.4%
Vol(5)353.12K
Vol(50)347.81K

TESORO LOGISTICS LP / TLLP FAQ

What is the ChartMill technical rating of TESORO LOGISTICS LP (TLLP) stock?

ChartMill assigns a technical rating of 2 / 10 to TLLP.


What is the current trend direction of TESORO LOGISTICS LP (TLLP) stock?

The current trend direction for TESORO LOGISTICS LP (TLLP) is Bearish.


What is the RSI signal for TESORO LOGISTICS LP (TLLP) stock?

TESORO LOGISTICS LP (TLLP) has an RSI value of 51.7801. This indicates that the stock is currently neutral.


What is the MACD signal for TESORO LOGISTICS LP (TLLP) stock?

The MACD indicator for TESORO LOGISTICS LP (TLLP) has a value of -0.107414, indicating a bearish trend.