Stock Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
Sprague Resources LP Common Units representing Limited Partner Interests (NYSE:SRLP)
Sidelines Mode (-55) - SRLP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SRLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SRLP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SRLP
The long-term trend has been DOWN since Aug 5th, 2021 at 22.76
The intermediate-term trend has been UP since Jan 4th, 2022 at 14.30
The short-term trend has been DOWN since Jan 19th, 2022 at 16.70
Smart Scan Analysis for SRLP
Based on our trend formula, SRLP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||29||Year High Date||2018-01-31|
|Year Low||17.29||Year Low Date||2018-11-21|
|52wk High||29.427||52wk High Date||2021-07-30|
|52wk Low||12.3138||52wk Low Date||2021-12-15|
|Average Volume||88,895||Shares Outstanding||26,235|