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

Grade Last Price % Change Price Change
grade F 57.8 -3.60% -2.16
MMP closed down 3.6 percent on Tuesday, February 25, 2020, on 1.87 times normal volume.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
New 52 Week Closing Low Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Multiple of Ten Bearish Other 0.00%
Down 3 Days in a Row Weakness 0.00%
Multiple of Ten Bearish Other -3.60%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -4.93%
MACD Bullish Signal Line Cross Bullish -4.93%
Pocket Pivot Bullish Swing Setup -4.93%

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Profile

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.
Energy Transportation Petroleum Industry Crude Oil Petroleum Products Midstream Petroleum In The United States Petroleum Gas Inventory Management Heating Oil Oklahoma Corpus Christi Day Supply Management Cushing Kinder Morgan Semgroup Oil Terminal

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 67.75
52 Week Low 57.72
Average Volume 1,200,443
200-Day Moving Average 63.39
50-Day Moving Average 62.15
20-Day Moving Average 60.40
10-Day Moving Average 59.79
Average True Range 1.16
ADX 22.38
+DI 13.87
-DI 31.04
Chandelier Exit (Long, 3 ATRs ) 61.40
Chandelier Exit (Short, 3 ATRs ) 61.27
Upper Bollinger Band 63.43
Lower Bollinger Band 57.38
Percent B (%b) 0.07
BandWidth 10.02
MACD Line -0.83
MACD Signal Line -0.77
MACD Histogram -0.0561
Fundamentals Value
Market Cap 13.18 Billion
Num Shares 228 Million
EPS 3.69
Price-to-Earnings (P/E) Ratio 15.66
Price-to-Sales 6.33
Price-to-Book 7.20
PEG Ratio 1.75
Dividend 3.52
Dividend Yield 6.09%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 61.28
Resistance 3 (R3) 61.66 60.88 60.70
Resistance 2 (R2) 60.88 59.99 60.69 60.51
Resistance 1 (R1) 59.34 59.45 58.95 58.96 60.31
Pivot Point 58.56 58.56 58.37 58.37 58.56
Support 1 (S1) 57.02 57.67 56.63 56.64 55.29
Support 2 (S2) 56.24 57.13 56.05 55.09
Support 3 (S3) 54.70 56.24 54.90
Support 4 (S4) 54.32