ENLINK MIDSTREAM LLC (ENLC)
US29336T1007
Taking everything into account, ENLC scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENLC is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
ENLC is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry. ENLC outperforms 82% of them.
ENLC is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ENLC is leading the market.
ENLC has an average volume of 2008030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ENLC did better than 79% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month ENLC has a been trading in a tight range between 14.41 and 14.96.
Besides having an excellent technical rating, ENLC also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.80, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.59
15.10
We found 6 important support areas.
- A support zone ranging from 14.44 to 14.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.10 from a horizontal line in the daily time frame.
- Support @13.65 from a horizontal line in the daily time frame.
- Support @12.55 from a trend line in the weekly time frame.
- Support @12.01 from a horizontal line in the daily time frame.
- Support @11.71 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.95 to 14.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.9
Mansfield0.28
10 Day High14.96
10 Day Low14.61
20 Day High14.96
20 Day Low14.41
52 Week High14.96
52 Week Low11.53
Performance
1 Week1.56%
2 Weeks1.98%
1 Month1.29%
3 Month25.13%
6 Month10.91%
12 Month21.56%
2 Year16.17%
3 Year129.49%
5 Year214.53%
10 Year-58.7%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)60.67
LBB14.56
UBB14.95
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.96 | 14.60 | 0.36 (2.41%) | 25.00% |
| An entry @14.96. This is a Buy Stop order right above the resistance zone. | An exit @14.60. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.36 points, which is 2.41%. | For a 0.60% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ENLINK MIDSTREAM LLC
NYSE:ENLC (11/4/2024, 8:05:24 PM)
After market: 14.94 0 (0%)14.94
+0.23 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.56%
1 Week1.56%
2 Weeks1.98%
1 Month1.29%
3 Month25.13%
6 Month10.91%
12 Month21.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.21
ATR(20)%1.4%
ATR Inc
Range Today0.23
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High14.96
10 Day Low14.61
20 Day High14.96
20 Day Low14.41
52 Week High14.96
52 Week Low11.53
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.36M
Volume Incr35.18%
Vol(5)1.92M
Vol(50)2.01M