Technical Analysis for CEM - ClearBridge Energy MLP Fund Inc.

Grade Last Price % Change Price Change
A 23.02 1.32% 0.30
CEM closed up 1.32 percent on Thursday, March 4, 2021, on 81 percent of normal volume. 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 CEM trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Shooting Star Candlestick Bearish 1.32%
Stochastic Reached Overbought Strength 1.32%
Gapped Up Strength 1.32%
Overbought Stochastic Strength 1.32%
Up 3 Days in a Row Strength 1.32%
Older End-of-Day Signals for CEM ...

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

Alert Time
Up 3% about 15 hours ago
Up 1 ATR about 15 hours ago
60 Minute Opening Range Breakout about 16 hours ago
1.5x Volume Pace about 17 hours ago
Rose Above Previous Day's High about 17 hours ago
View Earlier Intraday Alerts

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Profile

ClearBridge Energy MLP Fund Inc. is a closed-ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Clearbridge Advisors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector. The fund primarily invests in equity securities of MLPs and growth stocks of companies. It employs a bottom-up stock selection approach, focusing on companies with long-lived assets, predictable cash flows, and low direct commodity exposure to create its portfolio. ClearBridge Energy MLP Fund Inc. was formed on March 31, 2010 and is domiciled in the United States.
Classification

Keywords: Exchange Traded Fund ETF Stock Fund Energy Sector Legg Mason Legg Mason Partners Fund Cash Flows Steelpath

Is CEM 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 32.1
52 Week Low 3.75
Average Volume 119,244
200-Day Moving Average 16.39
50-Day Moving Average 19.71
20-Day Moving Average 21.40
10-Day Moving Average 22.02
Average True Range 0.76
ADX 28.75
+DI 38.34
-DI 16.37
Chandelier Exit (Long, 3 ATRs ) 21.33
Chandelier Exit (Short, 3 ATRs ) 21.07
Upper Bollinger Band 23.27
Lower Bollinger Band 19.52
Percent B (%b) 0.93
BandWidth 17.52
MACD Line 0.87
MACD Signal Line 0.78
MACD Histogram 0.0885
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.34
Resistance 3 (R3) 24.40 24.01 24.12
Resistance 2 (R2) 24.01 23.67 23.98 24.05
Resistance 1 (R1) 23.51 23.46 23.76 23.46 23.97
Pivot Point 23.13 23.13 23.25 23.10 23.13
Support 1 (S1) 22.63 22.79 22.88 22.58 22.07
Support 2 (S2) 22.25 22.58 22.22 21.99
Support 3 (S3) 21.75 22.25 21.92
Support 4 (S4) 21.70