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

Grade Last Price % Change Price Change
D 46.35 0.02% 0.01
MMP closed up 0.02 percent on Friday, July 23, 2021, on 1.18 times normal volume.
Earnings due: Jul 28
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical MMP trend table...

Date Alert Name Type % Chg
180 Bearish Setup Bearish Swing Setup -0.06%
Oversold Stochastic Weakness -0.06%
Slingshot Bearish Bearish Swing Setup -0.64%
Lower Bollinger Band Walk Weakness -0.64%
Lower Bollinger Band Touch Weakness -0.64%
Oversold Stochastic Weakness -0.64%
Below Lower BB Weakness 2.59%
Gapped Down Weakness 2.59%
Lower Bollinger Band Touch Weakness 2.59%
Oversold Stochastic Weakness 2.59%
Older End-of-Day Signals for MMP ...

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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: Petroleum Industry Crude Oil Petroleum Products Midstream Liquefied Petroleum Gas Petroleum Gas Oil Storage Ammonia Inventory Management Integrated Oil Heating Oil Supply Management 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 53.85
52 Week Low 32.61
Average Volume 1,053,563
200-Day Moving Average 44.46
50-Day Moving Average 49.41
20-Day Moving Average 47.66
10-Day Moving Average 46.61
Average True Range 1.05
ADX 27.05
+DI 19.66
-DI 30.19
Chandelier Exit (Long, 3 ATRs) 48.00
Chandelier Exit (Short, 3 ATRs) 47.91
Upper Bollinger Bands 50.07
Lower Bollinger Band 45.25
Percent B (%b) 0.23
BandWidth 10.12
MACD Line -0.99
MACD Signal Line -0.87
MACD Histogram -0.122
Fundamentals Value
Market Cap 10.37 Billion
Num Shares 224 Million
EPS 4.05
Price-to-Earnings (P/E) Ratio 11.44
Price-to-Sales 3.80
Price-to-Book 4.05
PEG Ratio 1154.75
Dividend 4.11
Dividend Yield 8.87%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 47.61
Resistance 3 (R3) 47.58 47.14 47.40
Resistance 2 (R2) 47.14 46.82 47.15 47.33
Resistance 1 (R1) 46.74 46.62 46.52 46.77 47.26
Pivot Point 46.30 46.30 46.19 46.31 46.30
Support 1 (S1) 45.90 45.98 45.68 45.93 45.44
Support 2 (S2) 45.46 45.78 45.47 45.37
Support 3 (S3) 45.06 45.46 45.30
Support 4 (S4) 45.09