GENESIS ENERGY L.P. (GEL) Stock Technical Analysis
NYSE:GEL - New York Stock Exchange, Inc. - US3719271047 - Currency: USD
Taking everything into account, GEL scores 8 out of 10 in our technical rating. Although GEL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, GEL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 16.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.32, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.80
When analyzing the support we can see 5 important areas.
- A support zone ranging from 16.63 to 16.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.31 to 16.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.11 to 15.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.64 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 | 75.09 | POSITIVE | GEL has a high relative strength, it outperformed 75.09% 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) | 63.28 | NEUTRAL | The RSI value for GEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GEL has a negative trend. |
| Stochastics (14,3) | 82.3 | OVERBOUGHT | The high Stochastics value suggests GEL may be overbought. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for GEL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.98 | NEUTRAL | The ADX value for GEL suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 16.76 | 16.30 | 0.46 (2.74%) | 25.00% |
| An entry @16.76. This is a Buy Stop order right above the resistance zone. | An exit @16.30. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.46 points, which is 2.74%. | For a 0.69% total portfolio risk, you can invest 25.00% 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.
NYSE:GEL (6/24/2025, 11:11:20 AM)
16.99
+0.31 (+1.86%)