GENESIS ENERGY L.P. (GEL) Stock Technical Analysis
NYSE:GEL - New York Stock Exchange, Inc. - US3719271047 - Currency: USD
Taking everything into account, GEL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, GEL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GEL is one of the better performing stocks in the market, outperforming 88% of all stocks.
GEL is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. GEL outperforms 87% of them.
GEL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GEL is performing more or less in line with the market.
GEL 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.
GEL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
9.80
16.03
5 important support areas can be observed.
- Support @15.11 from a trend line in the daily time frame.
- A support zone ranging from 14.54 to 14.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.59 from a horizontal line in the daily time frame.
- Support @10.57 from a trend line in the weekly time frame.
- Support @9.90 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 GEL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GEL is up. |
| ChartMill Relative Strength | 88.31 | POSITIVE | GEL has a high relative strength, it outperformed 88.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GEL is above the rising 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) | 59.03 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 55.96 | NEUTRAL | The Stochastics value for GEL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for GEL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.27 | 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)
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 |
|---|---|---|---|
| 15.91 | 15.10 | 0.81 (5.11%) | 19.55% |
| An entry @15.91. This is a Buy Stop order right above the 10 day moving average. | An exit @15.10. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.81 points, which is 5.11%. | For a 1.00% total portfolio risk, you can invest 19.55% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GEL. Please evaluate whether better entry and exit points can be found.
- 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.
15.87
+0.01 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.06%
1 Week-5.25%
2 Weeks4.55%
1 Month15%
3 Month20.68%
6 Month43.75%
12 Month26.66%
2 Year66.18%
3 Year97.88%
5 Year119.81%
10 Year-63.84%
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%3.81%
ATR Inc-15.79%
Range Today0.68
ADR(20)0.6
ADR(20)%3.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.31
Mansfield1.68
10 Day High16.79
10 Day Low15.1
20 Day High16.79
20 Day Low13.21
52 Week High16.79
52 Week Low9.86
CS1 End15.11
CR1 StartN/A
Volume & EV
DER(3)0.86%
DER(5)1.09%
Volume373.10K
Volume Incr7.61%
Vol(5)466.14K
Vol(50)457.21K