GENESIS ENERGY L.P. (GEL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GEL - US3719271047
14.92 USD
-0.19 (-1.26%)
14.92 USD
0 (0%)
Overall GEL gets a technical rating of 1 out of 10. GEL 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.
In the last month GEL has a been trading in the 14.87 - 16.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
GEL is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 70% of 210 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, GEL did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
GEL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GEL is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
GEL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 14.91, a Stop Loss order could be placed below this zone.
More info and screens
14.76
17.28
When analyzing the support we notice one important area.
- A support zone ranging from 14.91 to 14.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 15.77 to 16.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.36 from a horizontal line in the daily time frame.
- A resistance zone ranging from 16.75 to 16.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @17.11 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 | NEUTRAL | NEUTRAL | The long term trend for GEL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GEL is down. |
| ChartMill Relative Strength | 73.76 | POSITIVE | GEL has a high relative strength, it outperformed 73.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GEL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GEL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GEL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.8 | NEUTRAL | The RSI value for GEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests GEL has a negative trend. |
| Stochastics (14,3) | 12.94 | OVERSOLD | The low Stochastics value suggests GEL may be oversold. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for GEL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.14 | NEUTRAL | The ADX value for GEL suggests a possible start of a new trend. |
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)
14.92
-0.19 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.26%
1 Week-6.87%
2 Weeks-7.5%
1 Month-5.57%
3 Month-12.8%
6 Month-8.07%
12 Month26.66%
2 Year18.79%
3 Year41.15%
5 Year132.04%
10 Year-62.08%
15 Year-38.93%
Volatility
ATR(14)0.52
ATR(20)%3.63%
ATR Inc0.24%
Range Today0.35
ADR(20)0.54
ADR(20)%3.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.76
3 months CRS21.5
6 months CRS21.54
Mansfield-0.46
10 Day High16.4
10 Day Low14.87
20 Day High16.45
20 Day Low14.87
52 Week High17.77
52 Week Low9.86
CS1 End14.91
CR1 Start15.77
Volume & EV
DER(3)-7.05%
DER(5)-7.87%
Volume146.90K
Volume Incr-59.13%
Vol(5)169.42K
Vol(50)310.59K
GENESIS ENERGY L.P. / GEL FAQ
What is the technical rating for GEL stock?
ChartMill assigns a technical rating of 1 / 10 to GEL.
Can you provide the trend direction for GENESIS ENERGY L.P.?
The current trend direction for GENESIS ENERGY L.P. (GEL) is Bearish.
Can you provide the RSI signal for GENESIS ENERGY L.P.?
GENESIS ENERGY L.P. (GEL) has an RSI value of 37.7959. This indicates that the stock is currently neutral.
What is the short term momentum for GENESIS ENERGY L.P. (GEL) stock?
The short term momentum for GENESIS ENERGY L.P. (GEL) is negative.