ENLINK MIDSTREAM LLC (ENLC)

US29336T1007

13.995  +0.1 (+0.76%)

Technical Rating and Analysis

10

Overall ENLC gets a technical rating of 10 out of 10. ENLC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ENLC did better than 88% of all other stocks. We also observe that the gains produced by ENLC over the past year are nicely spread over this period.
ENLC is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 76% of 214 stocks in the same industry.
ENLC is currently trading near its 52 week high, which is a good sign. 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.
In the last month ENLC has a been trading in the 13.22 - 14.18 range, which is quite wide. It is currently trading near the high of this range.
ENLC has an average volume of 1912360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ENLC Weekly chart
ENLC Daily chart
Setup Rating and Analysis

8

ENLC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.71, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

9.21

14.13

7 important support areas can be observed.

  • A support zone ranging from 13.93 to 13.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 13.42 to 13.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 12.46 to 12.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @12.22 from a horizontal line in the daily time frame.
  • Support @11.61 from a horizontal line in the daily time frame.
  • Support @11.25 from a horizontal line in the daily time frame.
  • Support @9.30 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.05
Mansfield0.47
10 Day High13.91
10 Day Low13.22
20 Day High14.18
20 Day Low13.22
52 Week High14.18
52 Week Low8.46
Performance
1 Week2.21%
2 Weeks2.43%
1 Month1.83%
3 Month13.57%
6 Month13.85%
12 Month41.59%
2 Year40.73%
3 Year200%
5 Year18.82%
10 Year-60.68%
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)-0.02
RSI(14)67.61
LBB13.34
UBB13.94
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
13.9713.210.76 (5.44%)18.38%
An entry @13.97. This is a Buy Stop order right above the resistance zone.An exit @13.21. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.76 points, which is 5.44%.When investing 18.38% 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.
ENLC Daily chart

ENLINK MIDSTREAM LLC

NYSE:ENLC (4/29/2024, 9:25:07 AM)

13.995

+0.1 (+0.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.76%
1 Week2.21%
2 Weeks2.43%
1 Month1.83%
3 Month13.57%
6 Month13.85%
12 Month41.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.28
ATR(20)%1.94%
ATR Inc
Range Today0.12
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 High13.91
10 Day Low13.22
20 Day High14.18
20 Day Low13.22
52 Week High14.18
52 Week Low8.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume99.06K
Volume Incr-24.61%
Vol(5)1.33M
Vol(50)1.91M