Enable Midstream Partners LP (ENBL) Stock Technical Analysis
USA - NYSE:ENBL -
Taking everything into account, ENBL scores 1 out of 10 in our technical rating. ENBL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of ENBL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.98
6 important resistance areas can be observed.
- A resistance zone ranging from 7.38 to 7.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.64 to 7.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.06 to 8.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.33 from a trend line in the daily time frame.
- Resistance @8.59 from a horizontal line in the daily time frame.
- Resistance @9.38 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ENBL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENBL is down. |
| ChartMill Relative Strength | 45.03 | NEUTRAL | ENBL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENBL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENBL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ENBL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.6 | NEUTRAL | The RSI value for ENBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ENBL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.62 | OVERSOLD | The low Stochastics value suggests ENBL may be oversold. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for ENBL suggests some volalility. |
7.05
+0.1 (+1.44%)
Enable Midstream Partners LP / ENBL FAQ
What is the ChartMill technical rating of Enable Midstream Partners LP (ENBL) stock?
ChartMill assigns a technical rating of 1 / 10 to ENBL.
What is the current trend direction of Enable Midstream Partners LP (ENBL) stock?
The current trend direction for Enable Midstream Partners LP (ENBL) is Bearish.
Can you provide the RSI signal for Enable Midstream Partners LP?
Enable Midstream Partners LP (ENBL) has an RSI value of 30.6046. This indicates that the stock is currently neutral.
What is the buy/sell signal for ENBL stock?
The buy/sell signal for Enable Midstream Partners LP (ENBL) is sell as both the short term and long term trends are negative.
What is the support and resistance level for ENBL stock?
Enable Midstream Partners LP (ENBL) has a resistance level at 7.38. Check the full technical report for our detailed analysis of ENBL support and resistance levels.