ENTERPRISE PRODUCTS PARTNERS (EPD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EPD - US2937921078
We assign a technical rating of 6 out of 10 to EPD. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, EPD is a bad performer.
EPD has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 32.55, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
28.53
We found 4 important support areas.
- A support zone ranging from 32.21 to 32.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 31.36 to 31.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.63 to 30.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.82 from a horizontal 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 | UP | POSITIVE | The long term trend for EPD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EPD is up. |
| ChartMill Relative Strength | 39.36 | NEUTRAL | EPD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EPD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EPD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EPD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.17 | NEUTRAL | The RSI value for EPD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests EPD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.17 | OVERBOUGHT | The high Stochastics value suggests EPD may be overbought. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for EPD suggests low volalility. |
| Average Directional Index/ADX (14) | 26.9 | POSITIVE | The high ADX value value for EPD suggests a strong trend. |
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 |
|---|---|---|---|
| 32.96 | 32.20 | 0.76 (2.31%) | 25.00% |
| An entry @32.96. This is a Buy Stop order right above the 10 day high. | An exit @32.20. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.76 points, which is 2.31%. | For a 0.58% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of EPD. Please evaluate whether better entry and exit points can be found.
- 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.
32.74
+0.21 (+0.65%)
ENTERPRISE PRODUCTS PARTNERS / EPD FAQ
What is the technical rating for EPD stock?
ChartMill assigns a technical rating of 6 / 10 to EPD.
Can you provide the trend direction for ENTERPRISE PRODUCTS PARTNERS?
The current trend direction for ENTERPRISE PRODUCTS PARTNERS (EPD) is Bullish.
What is the RSI signal for ENTERPRISE PRODUCTS PARTNERS (EPD) stock?
ENTERPRISE PRODUCTS PARTNERS (EPD) has an RSI value of 68.1667. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ENTERPRISE PRODUCTS PARTNERS?
The buy/sell signal for ENTERPRISE PRODUCTS PARTNERS (EPD) is buy as both the short term and long term trends are positive.
What is the support and resistance level for EPD stock?
ENTERPRISE PRODUCTS PARTNERS (EPD) has a support level at 32.55. Check the full technical report for our detailed analysis of EPD support and resistance levels.