Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|EQT Midstream Partners (EQM) Shares Cross Below 200 DMA
Monday, January 5, 4:37 PM ET, by Market News Video Staff
In trading on Monday, shares of EQT Midstream Partners LP (EQM) crossed below their 200 ...
Boardwalk Pipeline Partners (BWP) Shares Cross Below Book Value
Tuesday, January 6, 1:10 PM ET, by Market News Video Staff
In trading on Tuesday, shares of Boardwalk Pipeline Partners LP (BWP) crossed below their last ...
Markwest Energy Partners is Oversold
Wednesday, January 7, 11:36 AM ET, by Market News Video Staff
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
Sunoco Logistics Partners (SXL) Shares Enter Oversold Territory
Wednesday, January 7, 3:57 PM ET, by Market News Video Staff
In trading on Wednesday, shares of Sunoco Logistics Partners L.P. (SXL) entered into oversold territory, ...
Access Midstream Partners Stock Getting Very Oversold
Monday, January 12, 3:51 PM ET, by Market News Video Staff
In trading on Monday, shares of Access Midstream Partners LP (ACMP) entered into oversold territory, ...
APL Stock Crowded With Sellers
By Energy Stock Channel Staff, Monday, November 12, 4:09 PM ET
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.
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: