Technical Analysis for MMP - Magellan Midstream Partners L.P. Limited Partnership

Grade Last Price % Change Price Change
F 41.67 -2.14% -0.91
MMP closed down 2.14 percent on Friday, February 26, 2021, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical MMP trend table...

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
NR7 Range Contraction 0.00%
Bearish Engulfing Bearish -2.14%
Fell Below 50 DMA Bearish -2.14%
Expansion Pivot Sell Setup Bearish Swing Setup -2.14%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.14%
20 DMA Support Bullish -2.14%
Weak + Overbought Other -2.14%
Outside Day Range Expansion -2.14%
Weak, Overbought and Reversal Signs Reversal -2.14%
Older End-of-Day Signals for MMP ...

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

Alert Time
10 DMA Support 3 days ago
Down 2 % 3 days ago
1.5x Volume Pace 3 days ago
Fell Below 20 DMA 3 days ago
20 DMA Support 3 days ago
View Earlier Intraday Alerts

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Profile

Magellan Midstream Partners L.P. Limited Partnership Description

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of petroleum products in the United States. The company's petroleum pipeline system transports petroleum products, such as gasoline, diesel and aviation fuel, heating oil, crude oil, and liquefied petroleum gas for independent and integrated oil companies, wholesalers, retailers, railroads, airlines, and regional farm cooperatives. It owns and operates storage terminals that have storage capacity of approximately 36 million barrels; and provides distribution, storage, blending, inventory management, and additive injection services for refiners and other end-users of petroleum products. In addition, the company owns and operates inland terminals that have a combined storage capacity of approximately 5 million barrels; and provides inventory and supply management, distribution, and gasoline additives injection services for retail, industrial, and commercial sale markets. Further, its ammonia pipeline system transports ammonia, which is primarily used as a nitrogen fertilizer, from production facilities in Texas and Oklahoma to terminals in the Midwest. As of December 31, 2012, the company's petroleum pipeline system comprised approximately 9,600 miles of pipeline and 49 terminals; 6 petroleum storage terminals located along coastal waterways in New Haven, Connecticut, Wilmington, Delaware, Gibson and Marrero, Louisiana and Corpus Christi, and Galena Park, Texas; 1 crude oil storage terminal in Cushing, Oklahoma; and 27 inland terminals located primarily in the southeastern United States. Its ammonia pipeline system consisted of 1,100-mile ammonia pipeline and 6 terminals. Magellan GP, LLC serves as the general partner of Magellan Midstream Partners, L.P. The company was founded in 2000 and is headquartered in Tulsa, Oklahoma.


Classification

Sector: Energy
Industry: Oil & Gas Midstream
Keywords: Crude Oil Petroleum Industry Petroleum Products Midstream Cooper Cooperative Petroleum Gas Wilmington Liquefied Petroleum Gas Oil Storage Ammonia Inventory Management Integrated Oil Heating Oil Supply Management Oklahoma Corpus Christi Day Oil Terminal Kinder Morgan Crude Oil Storage Semgroup Magellan Midstream Partners

Is MMP 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 58.13
52 Week Low 22.02
Average Volume 1,510,338
200-Day Moving Average 41.23
50-Day Moving Average 43.48
20-Day Moving Average 41.89
10-Day Moving Average 42.07
Average True Range 1.37
ADX 20.27
+DI 16.58
-DI 22.01
Chandelier Exit (Long, 3 ATRs ) 41.92
Chandelier Exit (Short, 3 ATRs ) 44.04
Upper Bollinger Band 44.21
Lower Bollinger Band 39.57
Percent B (%b) 0.45
BandWidth 11.08
MACD Line -0.33
MACD Signal Line -0.52
MACD Histogram 0.1855
Fundamentals Value
Market Cap 9.32 Billion
Num Shares 224 Million
EPS 4.05
Price-to-Earnings (P/E) Ratio 10.28
Price-to-Sales 3.80
Price-to-Book 4.05
PEG Ratio 1154.75
Dividend 4.11
Dividend Yield 9.86%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 43.26
Resistance 3 (R3) 43.36 42.94 43.00
Resistance 2 (R2) 42.94 42.53 42.89 42.91
Resistance 1 (R1) 42.30 42.28 42.09 42.20 42.82
Pivot Point 41.88 41.88 41.77 41.83 41.88
Support 1 (S1) 41.24 41.47 41.03 41.14 40.52
Support 2 (S2) 40.82 41.22 40.77 40.43
Support 3 (S3) 40.18 40.82 40.35
Support 4 (S4) 40.08