Londinia Opportunities Analyses - 06/08/2023 (GMT) NUSTAR ENERGY L.P. - 1H
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 17.24 USD
My targets
17.92 USD (+2.85%)
18.34 USD (+5.28%)
My analysis
NUSTAR ENERGY L.P. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 17.24 USD. The next resistance located at 17.92 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 18.34 USD. After this resistance, buyers could then target 21.65 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The NUSTAR ENERGY L.P. rating is 17.42 USD. On the day, this instrument gained +0.35% with the lowest point at 17.07 USD and the highest point at 17.42 USD. The deviation from the price is +2.05% for the low point and 0% for the high point.17.07
17.42
17.42
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NUSTAR ENERGY L.P. in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found this result concerning these indicators:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Upside gap
Type : Bullish
Timeframe : 1 hour
Bearish doji star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 16.21 | 16.80 | 17.24 | 17.42 | 18.34 | 21.65 | 26.99 |
| Change (%) | -6.95% | -3.56% | -1.03% | - | +5.28% | +24.28% | +54.94% |
| Change | -1.21 | -0.62 | -0.18 | - | +0.92 | +4.23 | +9.57 |
| Level | Major | Major | Intermediate | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.37 | 16.63 | 17.00 | 17.26 | 17.63 | 17.89 | 18.26 |
| Camarilla | 17.19 | 17.25 | 17.30 | 17.36 | 17.42 | 17.48 | 17.53 |
| Woodie | 16.42 | 16.66 | 17.05 | 17.29 | 17.68 | 17.92 | 18.31 |
| Fibonacci | 16.63 | 16.87 | 17.02 | 17.26 | 17.50 | 17.65 | 17.89 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.40 | 15.80 | 16.46 | 16.86 | 17.52 | 17.92 | 18.58 |
| Camarilla | 16.84 | 16.94 | 17.03 | 17.13 | 17.23 | 17.32 | 17.42 |
| Woodie | 15.54 | 15.87 | 16.60 | 16.93 | 17.66 | 17.99 | 18.72 |
| Fibonacci | 15.80 | 16.20 | 16.45 | 16.86 | 17.26 | 17.51 | 17.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.33 | 13.52 | 14.92 | 16.11 | 17.51 | 18.70 | 20.10 |
| Camarilla | 15.62 | 15.86 | 16.09 | 16.33 | 16.57 | 16.81 | 17.04 |
| Woodie | 12.45 | 13.57 | 15.04 | 16.16 | 17.63 | 18.75 | 20.22 |
| Fibonacci | 13.52 | 14.51 | 15.12 | 16.11 | 17.10 | 17.71 | 18.70 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.67 | |
| MACD (12,26,9): | 0.1200 | |
| Directional Movement: | 9.81 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 17.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.10 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 16.99 | |
| Zig ZAG (10): | 17.41 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 75.64 | |
| TEMA (21): | 17.38 | |
| Williams %R (14): | -17.61 | |
| Chande Momentum Oscillator (20): | 0.50 | |
| Repulse (5,40,3): | 1.1200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 4.58 |
| MA7: | 16.98 | |
| MA20: | 16.72 | |
| MA50: | 16.10 | |
| MA100: | 16.12 | |
| MAexp7: | 17.31 | |
| MAexp20: | 17.19 | |
| MAexp50: | 17.02 | |
| MAexp100: | 16.81 | |
| Price / MA7: | +2.59% | |
| Price / MA20: | +4.19% | |
| Price / MA50: | +8.20% | |
| Price / MA100: | +8.06% | |
| Price / MAexp7: | +0.64% | |
| Price / MAexp20: | +1.34% | |
| Price / MAexp50: | +2.35% | |
| Price / MAexp100: | +3.63% |
Quotes :
-
15 min delayed data
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Actions NYSE
News
Don't forget to follow the news on NUSTAR ENERGY L.P.. At the time of publication of this analysis, the latest news was as follows:
- NuStar Energy L.P.’s 2022 Schedule K-3 Now Available
- NuStar to Participate in the 20th Annual Energy Infrastructure CEO & Investor Conference
- NuStar Energy L.P. Reports Strong First Quarter 2023 Earnings Results
- OCI Global and NuStar Sign Agreement to Deliver Ammonia into the Midwest
- NuStar Energy L.P. Declares First Quarter 2023 Common Unit Distribution and Series A, Series B and Series C Preferred Units Distributions