Technical Analysis for AMLP - Alerian MLP ETF

Grade Last Price % Change Price Change
A 33.52 1.24% 0.41
AMLP closed up 1.24 percent on Wednesday, May 5, 2021, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical AMLP trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
New Uptrend Bullish 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Overbought Stochastic Strength 1.24%
180 Bullish Setup Bullish Swing Setup 1.45%
Pocket Pivot Bullish Swing Setup 1.45%
Older End-of-Day Signals for AMLP ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible Pocket Pivot about 5 hours ago
60 Minute Opening Range Breakout about 10 hours ago
Up 2% about 10 hours ago
Up 1 ATR about 10 hours ago
Upper Bollinger Band Resistance about 11 hours ago
View Earlier Intraday Alerts

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Profile

The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index. The index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership ("MLP") asset class. The fund will normally invest at least 90% of its total assets in securities that comprise the index (or depositary receipts based on such securities). It is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Stock Market Index Master Limited Partnership Energy Infrastructure Steelpath Alerian Mlp Infrastructure Index Energy Infrastructure Master

Top 10 Components

Symbol Grade Price % Change Allocation
MMP B 0.08 10.28
MPLX A 1.74 10.06
EPD A 0.60 9.99
WES B 1.75 9.96
ET B 1.59 9.78
PAA D 0.33 9.60
PSXP C -0.91 6.55
DCP B 1.09 5.21
SHLX C 2.68 4.92
NS C -1.79 4.64
View All AMLP Holdings

Is AMLP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 34.0
52 Week Low 18.93
Average Volume 2,668,722
200-Day Moving Average 26.30
50-Day Moving Average 31.30
20-Day Moving Average 32.06
10-Day Moving Average 32.77
Average True Range 0.71
ADX 26.41
+DI 33.11
-DI 12.59
Chandelier Exit (Long, 3 ATRs ) 31.88
Chandelier Exit (Short, 3 ATRs ) 32.69
Upper Bollinger Band 33.80
Lower Bollinger Band 30.33
Percent B (%b) 0.92
BandWidth 10.80
MACD Line 0.67
MACD Signal Line 0.56
MACD Histogram 0.113
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 34.56
Resistance 3 (R3) 34.60 34.30 34.38
Resistance 2 (R2) 34.30 34.04 34.28 34.32
Resistance 1 (R1) 33.91 33.87 34.11 33.87 34.27
Pivot Point 33.61 33.61 33.71 33.59 33.61
Support 1 (S1) 33.22 33.35 33.42 33.18 32.77
Support 2 (S2) 32.92 33.18 32.90 32.72
Support 3 (S3) 32.53 32.92 32.66
Support 4 (S4) 32.49