Chart Of The Day: Natural Resources - Old King Coal

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The Chart of the Day belongs to the coal and Mineral Limited Partnership Natural Resources Partners (NRP). I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 11/ 22 the stock gained 31.54%.

(Click on image to enlarge)

NRP Price vs Daily Moving Averages

Natural Resource Partners L.P., together with its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates in two segments, Mineral Rights and Soda Ash. The company owns interests in coal, soda ash, trona, and other natural resources. Its coal reserves are primarily located in the Appalachia Basin, the Illinois Basin, and the Northern Powder River Basin in the United States; industrial minerals and aggregates properties located in the United States; oil and gas properties located in Louisiana; timber assets located in West Virginia; and trona ore mining operation and soda ash refinery located in the Green River Basin, Wyoming. The company leases a portion of its reserves in exchange for royalty payments; and owns and leases transportation and processing infrastructure related to coal properties. NRP (GP) LP serves as the general partner of the company. Natural Resource Partners L.P. was incorporated in 2002 and is headquartered in Houston, Texas.

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.


Barchart Technical Indicators:

  • 100% technical buy signals
  • 126.80+ Weighted Alpha
  • 106.83% gain in the last year
  • Trend Seeker buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 30.53% in the last month
  • Relative Strength Index 76.05%
  • Technical support level at $98.16
  • Recently traded at $101.16 with 50 day moving average of $81.81


Fundamental Factors:

  • Market Cap $1.28 billion
  • P/E 8.02
  • Dividend yield 5.37%
  • Wall Street has not given Revenue and Earnings projections


Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:

  • The individual investors following the stock on Motley Fool voted 350 to 28 for the stock to beat the market with the most experienced investors voting 51 to 5 for the same result
  • Value Line gives the stock its average rating of 3 with  3-5 year price targets between $30 - $50
  • CFRAs MarketScope rates the stock a buy
  • 7,500 investors monitor the stock on Seeking Alpha

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Disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are ...

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