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 NS
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Red day on Wednesday for Nustar Energy LP
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 Loss -0.99% PDF

The Nustar Energy LP stock price fell by -0.99% on the last day (Wednesday, 27th Mar 2024) from $23.33 to $23.10. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 1.87% from a day low at $23.01 to a day high of $23.44. The price has fallen in 6 of the last 10 days and is down by -3.27% for this period. Volume has increased on the last day by 115 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 225 thousand shares were bought and sold for approximately $5.19 million.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $22.85 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 32.02% during the next 3 months and, with a 90% probability hold a price between $30.17 and $34.05 at the end of this 3-month period.

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NS Signals & Forecast

There are few to no technical positive signals at the moment. The Nustar Energy LP stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $23.59 and $23.47. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 06, 2024, and so far it has fallen -4.74%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Nustar Energy LP stock

Nustar Energy LP finds support from accumulated volume at $22.00 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 very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.430 between high and low, or 1.87%. For the last week the stock has had daily average volatility of 1.57%.

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

Trading Expectations (NS) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Nustar Energy LP to open at $23.18, and during the day (based on 14 day Average True Range), to move between $22.69 and $23.51, which gives a possible trading interval of +/-$0.410 (+/-1.77%) up or down from last closing price. If Nustar Energy LP takes out the full calculated possible swing range there will be an estimated 3.55% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $23.67 (2.47%) than the support at $22.00 (4.76%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Nustar Energy LP stock A Buy?

The Nustar Energy LP stock holds several negative signals and despite the positive trend, we believe Nustar Energy LP will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.955 Sell Candidate Unchanged

Predicted Opening Price for Nustar Energy LP of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$23.18 ( 0.361%) $23.10

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

Trading levels for NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 23.61 2.22 %
R2 23.45 1.51 %
R1 23.35 1.07 %
Current price: 23.10
Support S1 23.02 -0.350 %
S2 22.92 -0.790 %
S3 22.75 -1.50 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 23.87 3.33 %
R2 23.79 2.99 %
R1 23.67 2.47 %
Current price 23.10
Support S1 22.00 -4.76%
S2 21.32 -7.71%
S3 21.04 -8.92%

NS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 25, 2024 Feb 06, 2024 Feb 13, 2024 $0.400 1.77%
2 Oct 25, 2023 Nov 06, 2023 Nov 14, 2023 $0.400 2.26%
3 Jul 27, 2023 Aug 07, 2023 Aug 14, 2023 $0.400 2.60%
4 Apr 27, 2023 May 05, 2023 Aug 14, 2023 $0.400 2.60%
5 Jan 26, 2023 Feb 07, 2023 Feb 14, 2023 $0.400 2.35%

FAQ

What is the symbol for Nustar Energy LP Stock and on which exchange is it traded?
The symbol for Nustar Energy LP is NS and it is traded on the NYSE (New York Stock Exchange).

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

How to buy Nustar Energy LP Stock?
Nustar Energy LP Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Nustar Energy LP Stock.

What's the current price of Nustar Energy LP Stock?
As of the end of day on the 2024-03-27, the price of an Nustar Energy LP (NS) share was $23.10.

What is the 52-week high and low for Nustar Energy LP Stock?
The 52-week high for Nustar Energy LP Stock is $24.50 and the 52-week low is $14.70.

What is the market capitalization of Nustar Energy LP Stock?
As of the 2024-03-27, the market capitalization of Nustar Energy LP is 2.923B.

When is the next earnings date for Nustar Energy LP?
The upcoming earnings date for Nustar Energy LP is May 02, 2024.
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About Nustar Energy LP

Nustar Energy LP NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products; and transportation of petroleum products and anhydrous ammonia. It operates through three segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment transports refined petroleum products, crude oil, and anhydrous ammonia. The Storage segment owns terminal and storage facilities, which offer storage, handling, and other services for petroleum ... NS Profile

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