EnLink Midstream LLC (ENLC) Technical Analysis
NYSE:ENLC • US29336T1007
Current stock price
14.12 USD
-0.03 (-0.21%)
At close:
13.86 USD
-0.26 (-1.84%)
After Hours:
ENLC Technical Rating and Analysis
Overall ENLC gets a technical rating of 1 out of 10. ENLC 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.
- ENLC is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 73% of 209 stocks in the same industry do better.
- In the last month ENLC has a been trading in the 14.03 - 15.63 range, which is quite wide. It is currently trading near the lows of this range.
- ENLC has an average volume of 5446190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, ENLC outperforms 68% of them, which is more or less in line with the market.
- ENLC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ENLC is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
ENLC Weekly and Daily overview Charts
ENLC Setup Rating and Analysis
ENLC has a poor technical rating and the quality of the setup is also only medium 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
ENLC Support and Resistance Analysis
12.16
16.18
We found 4 important support areas.
- A support zone ranging from 14.08 to 14.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.65 to 13.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @13.12 from a trend line in the weekly time frame.
- Support @12.28 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @14.16 from a horizontal line in the daily time frame.
- A resistance zone ranging from 14.61 to 14.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.02 to 16.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
ENLC Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for ENLC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENLC is down. |
| ChartMill Relative Strength | 68.52 | NEUTRAL | ENLC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENLC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENLC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENLC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.72 | NEUTRAL | The RSI value for ENLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ENLC has a negative trend. |
| Stochastics (14,3) | 7.08 | OVERSOLD | The low Stochastics value suggests ENLC may be oversold. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for ENLC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.49 | NEUTRAL | The ADX value for ENLC suggests a possible start of a new trend. |
ENLC Chart- and CandleStick Pattern Analysis
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)
ENLC Technicals: Chart, Performance Metrics, Trend & Indicators
14.12
-0.03 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.21%
1 Week-4.4%
2 Weeks-6.18%
1 Month-0.56%
3 Month-4.01%
6 Month8.7%
12 Month19.66%
2 Year11.01%
3 Year77.39%
5 Year180.72%
10 Year-55.37%
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%2.46%
ATR Inc-9.63%
Range Today0.28
ADR(20)0.33
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.52
3 months CRSN/A
6 months CRSN/A
Mansfield-0.79
10 Day High15.63
10 Day Low14.03
20 Day High15.63
20 Day Low14.03
52 Week High16.4
52 Week Low11.55
CS1 End14.1
CR1 Start14.16
Volume & EV
DER(3)1.17%
DER(5)0.82%
Volume95.12M
Volume Incr933.15%
Vol(5)26.83M
Vol(50)5.45M
EnLink Midstream LLC / ENLC TA FAQ
Can you provide the ChartMill technical rating for EnLink Midstream LLC?
ChartMill assigns a technical rating of 1 / 10 to ENLC.
What is the current trend direction of EnLink Midstream LLC (ENLC) stock?
The current trend direction for EnLink Midstream LLC (ENLC) is Bearish.
What is the RSI signal for EnLink Midstream LLC (ENLC) stock?
EnLink Midstream LLC (ENLC) has an RSI value of 38.7234. This indicates that the stock is currently neutral.
What are the support and resistance levels for EnLink Midstream LLC (ENLC) stock?
EnLink Midstream LLC (ENLC) has a support level at 14.1 and a resistance level at 14.16. Check the full technical report for our detailed analysis of ENLC support and resistance levels.