GENESIS ENERGY L.P. (GEL) Stock Technical Analysis
NYSE:GEL - New York Stock Exchange, Inc. - US3719271047 - Currency: USD
Overall GEL gets a technical rating of 5 out of 10. In the last year, GEL was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
GEL is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry. GEL outperforms 84% of them.
GEL 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 GEL is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that GEL is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month GEL has a been trading in the 15.68 - 17.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
GEL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 16.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GEL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.80
17.65
We found 4 important support areas.
- A support zone ranging from 16.38 to 16.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.75 to 15.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.49 from a horizontal line in the daily time frame.
- Support @9.90 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @16.98 from a trend line in the daily time frame.
- A resistance zone ranging from 17.47 to 17.48. 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 GEL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GEL is neutral. |
| ChartMill Relative Strength | 78.26 | POSITIVE | GEL has a high relative strength, it outperformed 78.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GEL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GEL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.03 | NEUTRAL | The RSI value for GEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GEL has a positive trend. |
| Stochastics (14,3) | 58.53 | NEUTRAL | The Stochastics value for GEL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for GEL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.26 | NEGATIVE | The low ADX value for GEL suggests a weak or negative 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)
16.9
+0.08 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.48%
1 Week0.6%
2 Weeks-0.71%
1 Month-0.29%
3 Month10.17%
6 Month42.38%
12 Month22.29%
2 Year70.88%
3 Year45.94%
5 Year215.89%
10 Year-61.29%
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%3.11%
ATR Inc-18.03%
Range Today0.54
ADR(20)0.52
ADR(20)%3.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.26
Mansfield1.34
10 Day High17.4
10 Day Low16.36
20 Day High17.77
20 Day Low15.68
52 Week High17.77
52 Week Low9.86
CS1 End16.89
CR1 Start16.98
Volume & EV
DER(3)4.5%
DER(5)4.78%
Volume314.30K
Volume Incr-32.25%
Vol(5)317.02K
Vol(50)510.28K