ENTERPRISE PRODUCTS PARTNERS (EPD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EPD - US2937921078
We assign a technical rating of 8 out of 10 to EPD. Although EPD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- EPD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month EPD has a been trading in the 31.55 - 34.16 range, which is quite wide. It is currently trading near the high of this range.
- EPD has an average volume of 3642620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, EPD outperforms 61% of them, which is more or less in line with the market.
- EPD is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, EPD did better than 48% of them.
- Volume is considerably higher in the last couple of days.
Although EPD has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
29.33
5 important support areas can be observed.
- A support zone ranging from 31.99 to 33.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.37 from a horizontal line in the daily time frame.
- A support zone ranging from 30.74 to 30.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.18 to 30.18. 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.
We found 1 important resistance area.
- A resistance zone ranging from 34.12 to 34.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 61.41 | 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) | 78.07 | OVERBOUGHT | The high RSI value suggests EPD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests EPD has a positive trend. |
| Stochastics (14,3) | 90.35 | OVERBOUGHT | The high Stochastics value suggests EPD may be overbought. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for EPD suggests low volalility. |
| Average Directional Index/ADX (14) | 29.89 | POSITIVE | The high ADX value value for EPD suggests a strong trend. |
34.11
+0.65 (+1.94%)
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 78.0699. This indicates that the stock is currently overbought.
What is the MACD signal for EPD stock?
The MACD indicator for ENTERPRISE PRODUCTS PARTNERS (EPD) has a value of 0.13777, indicating a bearish trend.
What is the support and resistance level for EPD stock?
ENTERPRISE PRODUCTS PARTNERS (EPD) has a support level at 33.13 and a resistance level at 34.12. Check the full technical report for our detailed analysis of EPD support and resistance levels.