ENTERPRISE PRODUCTS PARTNERS (EPD) Stock Technical Analysis
NYSE:EPD • US2937921078
We assign a technical rating of 8 out of 10 to EPD. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EPD is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- EPD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EPD is lagging the market slightly.
- EPD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- EPD has an average volume of 4521850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, EPD turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
- EPD is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 46% of 206 stocks in the same industry.
Besides having an excellent technical rating, EPD also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
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29.33
When analyzing the support we can see 4 important areas.
- A support zone ranging from 33.34 to 33.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.69 to 32.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.74 to 30.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.63 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 | 66.31 | 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) | UP | POSITIVE | The current price of EPD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.98 | NEUTRAL | The RSI value for EPD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests EPD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.79 | NEUTRAL | The Stochastics value for EPD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for EPD suggests some volalility. |
| Average Directional Index/ADX (14) | 42.95 | 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 |
|---|---|---|---|
| 37.32 | 34.78 | 2.54 (6.81%) | 14.69% |
| An entry @37.32. This is a Buy Stop order right above the 10 day high. | An exit @34.78. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.54 points, which is 6.81%. | When investing 14.69% 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.
36.36
+0.01 (+0.03%)
ENTERPRISE PRODUCTS PARTNERS / EPD FAQ
What is the technical rating for EPD stock?
ChartMill assigns a technical rating of 8 / 10 to EPD.
What is the trend direction for EPD stock?
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 67.9803. This indicates that the stock is currently neutral.
What is the MACD signal for EPD stock?
The MACD indicator for ENTERPRISE PRODUCTS PARTNERS (EPD) has a value of 0.0680317, indicating a bearish trend.
What is the support and resistance level for EPD stock?
ENTERPRISE PRODUCTS PARTNERS (EPD) has a support level at 33.38. Check the full technical report for our detailed analysis of EPD support and resistance levels.