Technical Analysis for MLPB - ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040

Grade Last Price % Change Price Change
A 24.99 0.71% 0.18
MLPB closed up 0.71 percent on Wednesday, July 3, 2024, on 52 percent of normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Stochastic Sell Signal Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Gilligan's Island Sell Setup Bearish Swing Setup 0.00%
New 52 Week Closing High Bullish 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 7 hours ago
New 52 Week High about 7 hours ago
Rose Above Upper Bollinger Band about 7 hours ago
Up 1% about 7 hours ago
Up 1 ATR about 7 hours ago

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Profile

The ETRACS Alerian MLP Infrastructure Index ETN Series B is senior unsecured debt securities issued by UBS that provide exposure to potential price appreciation in the Alerian MLP Infrastructure Index. The index, comprised of 22 energy infrastructure master limited partnerships, is a subset of the Alerian MLP Index. The index refers to the master limited partnerships included in the Alerian MLP Infrastructure Index as the “index constituents.” It constituents earn the majority of their cash flow from the transportation, storage, and processing of energy commodities. The index is intended to provide diversified exposure specifically to infrastructure investment.
Classification

Keywords: Exchange Traded Fund ETF Debt Securities Master Limited Partnership Energy Infrastructure ETN Unsecured Debt Energy Commodities Alerian Mlp Index Alerian Mlp Infrastructure Index Energy Infrastructure Master

Top 10 Components

Symbol Grade Price % Change Allocation
MPLX A 0.37 10.54
WES A 1.01 10.08
PAA A 1.89 10.02
EPD A 0.07 9.91
ET A -0.43 9.16
ENLC A 1.23 5.63
CQP C 0.00 4.59
NS D 0.00 3.60
GEL A 0.35 2.91

Is MLPB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 25.09
52 Week Low 18.5949
Average Volume 11,312
200-Day Moving Average 22.09
50-Day Moving Average 23.83
20-Day Moving Average 24.09
10-Day Moving Average 24.47
Average True Range 0.23
RSI (14) 72.60
ADX 20.53
+DI 45.96
-DI 17.11
Chandelier Exit (Long, 3 ATRs) 24.40
Chandelier Exit (Short, 3 ATRs) 23.74
Upper Bollinger Bands 25.01
Lower Bollinger Band 23.18
Percent B (%b) 0.98
BandWidth 7.63
MACD Line 0.31
MACD Signal Line 0.21
MACD Histogram 0.1059
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.17
Resistance 3 (R3) 25.18 25.14 25.14
Resistance 2 (R2) 25.14 25.09 25.13 25.13
Resistance 1 (R1) 25.06 25.06 25.04 25.05 25.12
Pivot Point 25.02 25.02 25.00 25.01 25.02
Support 1 (S1) 24.94 24.97 24.92 24.93 24.86
Support 2 (S2) 24.90 24.94 24.89 24.85
Support 3 (S3) 24.82 24.90 24.84
Support 4 (S4) 24.81