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Stock Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Magellan Midstream Partners L.P. Limited Partnership (NYSE:MMP)

Long-Term Uptrend (+90) - MMP is in a strong uptrend that is likely to continue. While MMP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid MMP?

MarketClub looks at technical strength and momentum to determine if the timing is right for MMP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_MMP
Open High Low MMP Price Change
51.52 51.85 51.00 51.12 -0.32
Entry Signal

MarketClub’s Trade Triangles for MMP

long term up The long-term trend has been UP since Nov 18th, 2020 at 42.29

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 48.19

short term up The short-term trend has been UP since Oct 5th, 2021 at 46.58

Smart Scan Analysis for MMP

Based on our trend formula, MMP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.52 51.85 51.00 51.12 -0.32
Prev. Close Volume Bid Ask Time
51.44 458999 2021-10-25 13:01:31
Year High75.82Year High Date2018-01-16
Year Low54.82Year Low Date2018-03-27
52wk High53.8552wk High Date2021-06-11
52wk Low33.9552wk Low Date2020-11-06
Year End Close43.19Average Volume1,264,797
Shares Outstanding221,560Short Interest1,117,232
% Institutional57.5Market Cap14,976M
Assets829,266,200MLiabilities600,687,300M
P/E Ratio12.8279Beta0.54
Volatility19.56
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