RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CPLP
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Capital Product Partners L.P. stock price ended at $17.40 on Thursday, after losing 0.287%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Loss -0.29% PDF

The Capital Product Partners L.P. stock price fell by -0.287% on the last day (Thursday, 28th Mar 2024) from $17.45 to $17.40. During the last trading day the stock fluctuated 2.17% from a day low at $17.29 to a day high of $17.66. The price has fallen in 7 of the last 10 days and is down by -4.45% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -7 thousand shares and in total, 10 thousand shares were bought and sold for approximately $172.73 thousand.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.46% during the next 3 months and, with a 90% probability hold a price between $16.69 and $20.54 at the end of this 3-month period.

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CPLP Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Capital Product Partners L.P. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $17.62 and $17.80. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, February 15, 2024, and so far it has fallen -5.84%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for Capital Product Partners L.P. stock

Capital Product Partners L.P. finds support from accumulated volume at $17.11 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0.375 between high and low, or 2.17%. For the last week the stock has had daily average volatility of 2.58%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CPLP) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Capital Product Partners L.P. to open at $17.45, and during the day (based on 14 day Average True Range), to move between $16.90 and $17.90, which gives a possible trading interval of +/-$0.502 (+/-2.88%) up or down from last closing price. If Capital Product Partners L.P. takes out the full calculated possible swing range there will be an estimated 5.77% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $17.11 (1.67%) than the resistance at $17.73 (1.90%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Capital Product Partners L.P. stock A Buy?

The Capital Product Partners L.P. stock holds several negative signals and despite the positive trend, we believe Capital Product Partners L.P. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.616 Sell Candidate Unchanged

Predicted Opening Price for Capital Product Partners L.P. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$17.45 ( 0.278%) $17.40

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CPLP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 17.82 2.43 %
R2 17.68 1.61 %
R1 17.59 1.10 %
Current price: 17.40
Support S1 17.31 -0.544 %
S2 17.22 -1.05 %
S3 17.07 -1.88 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 18.25 4.89 %
R2 17.94 3.10 %
R1 17.73 1.90 %
Current price 17.40
Support S1 17.11 -1.67%
S2 17.03 -2.13%
S3 16.12 -7.36%

CPLP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 25, 2024 Feb 05, 2024 Feb 13, 2024 $0.150 0.84%
2 Oct 23, 2023 Nov 03, 2023 Nov 13, 2023 $0.150 1.08%
3 Jul 20, 2023 Aug 01, 2023 Aug 08, 2023 $0.150 1.03%
4 Apr 25, 2023 May 05, 2023 May 12, 2023 $0.150 1.20%
5 Jan 26, 2023 Feb 06, 2023 Feb 10, 2023 $0.150 1.08%

FAQ

What is the symbol for Capital Product Partners L.P. Stock and on which exchange is it traded?
The symbol for Capital Product Partners L.P. is CPLP and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Capital Product Partners L.P. Stock?
The Capital Product Partners L.P. stock holds several negative signals and despite the positive trend, we believe Capital Product Partners L.P. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Capital Product Partners L.P. Stock?
Capital Product Partners L.P. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Capital Product Partners L.P. Stock.

What's the current price of Capital Product Partners L.P. Stock?
As of the end of day on the 2024-03-28, the price of an Capital Product Partners L.P. (CPLP) share was $17.40.

What is the 52-week high and low for Capital Product Partners L.P. Stock?
The 52-week high for Capital Product Partners L.P. Stock is $18.85 and the 52-week low is $12.02.

What is the market capitalization of Capital Product Partners L.P. Stock?
As of the 2024-03-28, the market capitalization of Capital Product Partners L.P. is 962.888M.

When is the next earnings date for Capital Product Partners L.P.?
The upcoming earnings date for Capital Product Partners L.P. is May 03, 2024.
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About Capital Product Partners L.P.

Capital Product Partners L.P. Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. Its vessels transport a range of cargoes, including liquefied natural gas, containerized goods, and dry bulk cargo under short-term voyage charters, and medium to long-term time charters. As of April 27, 2022, the company owned 21 vessels, including 11 Neo-Panamax container vessels, three Panamax container vessels, one cape-size bulk carrier, and... CPLP Profile

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