EQUITRANS MIDSTREAM CORP (ETRN)

US2946001011 - Common Stock

13.66  +0.22 (+1.64%)

After market: 13.77 +0.11 (+0.81%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to ETRN. Both in the recent history as in the last year, ETRN has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ETRN did better than 97% of all other stocks. We also observe that the gains produced by ETRN over the past year are nicely spread over this period.
ETRN is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 99% of 214 stocks in the same industry.
ETRN 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 ETRN is leading the market.
In the last month ETRN has a been trading in the 11.97 - 14.21 range, which is quite wide. It is currently trading near the high of this range.
ETRN has an average volume of 7880320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ETRN Weekly chart
ETRN Daily chart
Setup Rating and Analysis

3

Although ETRN has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

8.74

13.80

We found 6 important support areas.

  • Support @12.76 from a trend line in the daily time frame.
  • A support zone ranging from 12.02 to 12.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @11.73 from a trend line in the weekly time frame.
  • Support @11.02 from a trend line in the daily time frame.
  • Support @10.37 from a horizontal line in the daily time frame.
  • Support @8.83 from a horizontal 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
CRS97.62
Mansfield2.45
10 Day High14.21
10 Day Low12.39
20 Day High14.21
20 Day Low11.97
52 Week High14.21
52 Week Low5.06
Performance
1 Week-0.58%
2 Weeks9.72%
1 Month10.97%
3 Month31.98%
6 Month48.64%
12 Month167.32%
2 Year73.57%
3 Year65.78%
5 Year-31.22%
10 YearN/A
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)0.01
RSI(14)65.79
LBB11.95
UBB14.27
ETRN Daily chart

EQUITRANS MIDSTREAM CORP

NYSE:ETRN (5/3/2024, 7:04:00 PM)

After market: 13.77 +0.11 (+0.81%)

13.66

+0.22 (+1.64%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.64%
1 Week-0.58%
2 Weeks9.72%
1 Month10.97%
3 Month31.98%
6 Month48.64%
12 Month167.32%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.42
ATR(20)%2.86%
ATR Inc
Range Today0.21
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 High14.21
10 Day Low12.39
20 Day High14.21
20 Day Low11.97
52 Week High14.21
52 Week Low5.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.28M
Volume Incr-26.26%
Vol(5)5.03M
Vol(50)7.88M