ENERGY TRANSFER LP (ET)
US29273V1008
Taking everything into account, ET scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ET is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ET did better than 88% of all other stocks. We also observe that the gains produced by ET over the past year are nicely spread over this period.
ET is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 86% of 205 stocks in the same industry.
ET is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ET is performing more or less in line with the market.
ET has an average volume of 15867900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ET has a been trading in the 18.09 - 20.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ET has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 19.04, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ET in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
14.95
20.06
When analyzing the support we can see 7 important areas.
- A support zone ranging from 18.86 to 19.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.97 to 18.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.67 to 16.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.40 from a horizontal line in the daily time frame.
- Support @16.00 from a horizontal line in the daily time frame.
- Strong support @15.49 from a horizontal line in the daily time frame.
- Support @15.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.86 to 19.86. 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
CRS88.65
Mansfield0.92
10 Day High19.6
10 Day Low18.09
20 Day High20.02
20 Day Low18.09
52 Week High20.02
52 Week Low13.6
Performance
1 Week5.53%
2 Weeks0.36%
1 Month-0.72%
3 Month19.98%
6 Month18.87%
12 Month39.71%
2 Year62.43%
3 Year134.26%
5 Year50.27%
10 YearN/A
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)-0.03
RSI(14)58.88
LBB18.16
UBB19.67
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 |
|---|---|---|---|
| 19.87 | 18.85 | 1.02 (5.13%) | 19.48% |
| An entry @19.87. This is a Buy Stop order right above the resistance zone. | An exit @18.85. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.02 points, which is 5.13%. | When investing 19.48% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
ENERGY TRANSFER LP
NYSE:ET (12/27/2024, 8:16:44 PM)
After market: 19.29 +0.01 (+0.05%)19.28
+0.02 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.1%
1 Week5.53%
2 Weeks0.36%
1 Month-0.72%
3 Month19.98%
6 Month18.87%
12 Month39.71%
2 Year62.43%
3 Year134.26%
5 Year50.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%2.49%
ATR Inc-32.51%
Range Today0.21
ADR(20)0.46
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.65
Mansfield0.92
10 Day High19.6
10 Day Low18.09
20 Day High20.02
20 Day Low18.09
52 Week High20.02
52 Week Low13.6
CS1 End19.04
CR1 Start19.86
Volume & EV
DER(3)4.62%
DER(5)4.08%
Volume6.94M
Volume Incr-30.52%
Vol(5)11.52M
Vol(50)15.87M