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NRPNatural Resource Partners LP

NYSEDaily chart
Range low retest · 1 Jul 2022

NRP slipped below its $45.96 – $50.82 range and came back to test the low on 1 Jul 2022.

Range low
$45.96
support
Range high
$50.82
11% above the low
In the range since
May 2022
10 mo
Close on retest day
$34.97
24% below the range low
  • Previous range $113.05 – $128.60 lasted 6 mo and broke downward at $95.51.
  • 6 sideways ranges found since 2021.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
27 Jan 202620 Jul 2026 · 6 moBroke below the range at $95.51—
20 Mar 202513 Feb 2026 · 11 moBroke above the range at $128.60—
12 Dec 202311 Nov 2024 · 11 moBroke above the range at $111.46—
31 May 202312 Jan 2024 · 7 moBroke above the range at $99.20—
3 May 20223 Mar 2023 · 10 moBroke above the range at $61.241 Jul 2022
18 Nov 202112 Apr 2022 · 5 moBroke above the range at $46.74—

Retest signals

  • 1 Jul 2022 · 2 mo into the range

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.