Stock Message Boards
Energy Stock Channel
Market News Video Self Directed Investor The Warren Buffetts Next Door
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

KMP Crosses Critical Technical Indicator
Monday, February 24, 2:03 PM ET, by Market News Video Staff

In trading on Monday, shares of Kinder Morgan Energy Partners, L.P. (KMP) entered into oversold ...

Notable Two Hundred Day Moving Average Cross - MWE
Tuesday, February 25, 1:49 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Markwest Energy Partners L.P. (MWE) crossed below their 200 ...

RGP Crosses Below Key Moving Average Level
Friday, February 28, 4:22 PM ET, by Market News Video Staff

In trading on Friday, shares of Regency Energy Partners LP (RGP) crossed below their 200 ...

Investors Pick Up DPM Even Lower Than Its Secondary Stock Offering
Monday, March 3, 10:31 AM ET, by Market News Video Staff

Looking back to 4 days ago, DCP Midstream Partners LP (DPM) priced a 12,500,000 share ...

Use Options For a Chance To Buy EPD at a 23% Discount
Tuesday, March 4, 11:46 AM ET, by Market News Video Staff

Looking back to 119 days ago, Enterprise Products Partners L.P. (EPD) priced a 8,000,000 share ...

  More articles:  1 2 3 4 5 6 7 next »

APL Stock Crowded With Sellers

By Energy Stock Channel Staff, Monday, November 12, 4:09 PM ET
Play Video: Learn About The RSI

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

In trading on Monday, shares of Atlas Pipeline Partners LP (NYSE:APL) entered into oversold territory, changing hands as low as $31.60 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In the case of Atlas Pipeline Partners LP, the RSI reading has hit 29.3 by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 37.3, the RSI of WTI Crude Oil is at 42.3, and the RSI of Henry Hub Natural Gas is presently 59.2.

A bullish investor could look at APL's 29.3 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.

Looking at a chart of one year performance (below), APL's low point in its 52 week range is $27.32 per share, with $40.89 as the 52 week high point that compares with a last trade of $31.82. Atlas Pipeline Partners LP shares are currently trading down about 2.1% on the day.

Atlas Pipeline Partners LP 1 Year Performance Chart

According to the ETF Finder at ETF Channel, APL makes up 1.68% of the MLP ETF (AMEX:MLPA) which is trading relatively unchanged on the day Monday.

See what other ETFs contain APL
See what other stocks are held by MLPA

Special Offer: Find out what Dave Moenning is holding in the ETF Channel Flexible Growth Investment Portfolio with 30 Days Free.

This Article's Word Cloud:   According   Atlas   Average   Channel   Dave   Days   Definition   ETFs   Earnings   Energy   Index   Industrial   Investment   MLPA   Moenning   Monday   Partners   Pipeline   Portfolio   Relative   Stock   Strength   about   analysis   below   comparison   currently   hands   look   momentum   opportunities   other   oversold   point   range   reading   recent   scale   share   shares   stocks   territory   that   trading   unchanged   week   what   which   with   zero

APL Stock Crowded With Sellers | | Copyright © 2010 - 2014, All Rights Reserved

Nothing in Energy Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and energy stock videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Energy Stock Channel; Meet Our Editorial Staff.