Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, May 10, 2021.

Magellan Midstream (NYSE:MMP)

Countertrend Up (+85) - MMP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
47.78 48.06 47.10 47.94 +0.17
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 Apr 15th, 2021 at 45.82

short term down The short-term trend has been DOWN since May 6th, 2021 at 47.19

Smart Scan Analysis for MMP

Based on our trend formula, MMP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for MMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.78 48.06 47.10 47.94 +0.17
Prev. Close Volume Bid Ask Time
47.95 1143105 2021-05-07 15:59:53
Year High75.82Year High Date2018-01-16
Year Low54.82Year Low Date2018-03-27
52wk High49.9152wk High Date2020-06-08
52wk Low32.6152wk Low Date2020-10-02
Year End Close43.19Average Volume1,128,684
Shares Outstanding223,283Short Interest1,117,232
% Institutional57.5Market Cap14,976M
Assets824,822,800MLiabilities595,119,600M
P/E Ratio14.3024Beta0.54
Volatility19.56
Get a free daily analysis and signals for Magellan Midstream (MMP) - Request Your Free Report.