USA - NYSE:EPD - US2937921078
We assign a technical rating of 1 out of 10 to EPD. EPD 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.
EPD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 31.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.32, a Stop Loss order could be placed below this zone.
28.53
2 important support areas can be observed.
2 important resistance areas can be observed.
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 EPD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EPD is neutral. |
| ChartMill Relative Strength | 44.83 | NEUTRAL | EPD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EPD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EPD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EPD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.67 | NEUTRAL | The RSI value for EPD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EPD has a positive trend. |
| Stochastics (14,3) | 38.52 | NEUTRAL | The Stochastics value for EPD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for EPD suggests low volalility. |
| Average Directional Index/ADX (14) | 15.03 | NEGATIVE | The low ADX value for EPD suggests a weak or negative trend. |
30.97
+0.3 (+0.98%)
ChartMill assigns a technical rating of 1 / 10 to EPD.
The current trend direction for ENTERPRISE PRODUCTS PARTNERS (EPD) is Bearish.
ENTERPRISE PRODUCTS PARTNERS (EPD) has an RSI value of 49.6688. This indicates that the stock is currently neutral.
ENTERPRISE PRODUCTS PARTNERS (EPD) has a support level at 30.32 and a resistance level at 31.18. Check the full technical report for our detailed analysis of EPD support and resistance levels.