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

Grade Last Price % Change Price Change
grade B 62.17 0.52% 0.32
MMP closed up 0.52 percent on Friday, January 18, 2019, on 64 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Earnings due: Jan 31

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Up Up
See historical MMP trend table...

Date Alert Name Type % Chg
Jan 18 Overbought Stochastic Strength 0.00%
Jan 18 Up 3 Days in a Row Strength 0.00%
Jan 18 Up 4 Days in a Row Strength 0.00%
Jan 17 NR7 Range Contraction 0.52%
Jan 17 Inside Day Range Contraction 0.52%
Jan 17 Overbought Stochastic Strength 0.52%
Jan 17 Up 3 Days in a Row Strength 0.52%
Jan 16 Overbought Stochastic Strength 1.07%
Jan 15 Overbought Stochastic Strength 1.37%
Jan 14 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.85%

Older signals for MMP ...

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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.
Is MMP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 74.5937
52 Week Low 54.25
Average Volume 1,064,516
200-Day Moving Average 65.8991
50-Day Moving Average 59.9588
20-Day Moving Average 59.1
10-Day Moving Average 61.649
Average True Range 1.4257
ADX 22.63
+DI 28.5046
-DI 14.9061
Chandelier Exit (Long, 3 ATRs ) 58.5429
Chandelier Exit (Short, 3 ATRs ) 58.5271
Upper Bollinger Band 64.5101
Lower Bollinger Band 53.6899
Percent B (%b) 0.78
BandWidth 18.308291
MACD Line 0.8028
MACD Signal Line 0.3575
MACD Histogram 0.4453
Fundamentals Value
Market Cap 14.18 Billion
Num Shares 228 Million
EPS 3.69
Price-to-Earnings (P/E) Ratio 16.85
Price-to-Sales 6.33
Price-to-Book 7.20
PEG Ratio 1.75
Dividend 3.52
Dividend Yield 5.66%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 63.57
Resistance 3 (R3) 63.51 62.98 63.33
Resistance 2 (R2) 62.98 62.63 63.01 63.25
Resistance 1 (R1) 62.58 62.41 62.32 62.64 63.18
Pivot Point 62.05 62.05 61.92 62.08 62.05
Support 1 (S1) 61.65 61.70 61.39 61.71 61.16
Support 2 (S2) 61.12 61.48 61.15 61.09
Support 3 (S3) 60.72 61.12 61.01
Support 4 (S4) 60.78