Valero Energy Partners Technical Analysis (NYSE:VLP)

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$40.44 $0.13 (0.32%) VLP stock closing price Aug 16, 2018 (Closing)

Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The VLP stock chart pattern can give those who understand technical analysis an indication of which way VLP stock is headed, but cannot predict with 100% certainty as to what can happen to the Valero Energy Partners stock price.

See Valero Energy Partners bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Valero Energy Partners stock analysis.

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Valero Energy Partners Moving Average

Moving averages show the average price of VLP stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $39.79 is below the last closing price of $40.44 and the 50 day moving average of $39.28 is below the last closing price of $40.44. The 10 and 20 day periods can predict short term moving average trends.

Valero Energy Partners Bollinger Bands

Bollinger bands comprise of a center line usually VLP SMA, and two VLP stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of Valero Energy Partners bollinger bands.

Valero Energy Partners Moving Average Convergence Divergence or MACD

The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Valero Energy Partners MACD indicator is above 0 indicating a bullish trend.

Valero Energy Partners Relative Strength Index

The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of VLP stock is 53.22.