NuStar Energy L.P. (NS)

[leftovers]

maybe the trend reversal is here?

The technical condition of NS is improving as several of the pertinent indicators have turned positive and the stock appears to be under accumulation. The stock is underperforming the market over the last 50 trading days when compared to the S&P 500. The MACD-LT, is confirming that the intermediate-term trend is bullish at this time. NS's chart formation suggests an upward trend is beginning/ stock is in the early stages of a rising trend. A close above $32.64 is a number to watch to confirm a trend reversal. Over the last 50 trading sessions, there has been more volume on up days than on down days indicating that NS is under accumulation, which is a bullish condition. The stock is trading below a falling 50-day moving average. A close above this moving average would be supportive of the improving conditions.