Technical Analysis for ET - Energy Transfer LP

Grade Last Price % Change Price Change
A 15.56 1.43% 0.22
ET closed up 1.43 percent on Monday, March 18, 2024, on 75 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 1.43%
180 Bullish Setup Bullish Swing Setup 1.43%
Expansion Breakout Bullish Swing Setup 1.43%
Pocket Pivot Bullish Swing Setup 1.43%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 13 hours ago
Up 1% about 13 hours ago
Bullish 180 Entry about 17 hours ago
Rose Above Previous Day's High about 17 hours ago
New 52 Week High about 17 hours ago

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Profile

Energy Transfer LP Description

Energy Transfer LP provides energy-related services in the United States and China. The company owns and operates approximately 9,400 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,200 miles of interstate natural gas pipelines. It sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipelines, processing plants, treating facilities, and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. It also owns approximately 4,769 miles of NGL pipelines; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 45 million barrels (Bbls); and other NGL storage assets and terminals with an aggregate storage capacity of approximately 11 million Bbls. The company also sells gasoline, middle distillates, and motor fuel at retail, as well as crude oil, NGLs, and refined products; operates convenience stores; and distributes motor fuels and other petroleum products. It provides natural gas compression services; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 2002 and is based in Dallas, Texas.


Classification

Sector: Energy
Industry: Oil & Gas Midstream
Keywords: Natural Gas Crude Oil Petroleum Products Propane Electric Utilities Natural Resources Cooling S&P/Tsx 60 Index Refined Products Hydrogen Natural Gas Storage Gas Pipeline Gas Gathering Natural Gas Pipeline Natural Gas Gathering Oil Pipeline Carbon Dioxide Gas Transportation Gas Producer Motor Fuel Natural Gas Transportation Gas Storage Facilities Compression Services Natural Gas Producer Natural Gas Storage Facilities Transportation Pipelines Interstate Natural Gas Pipeline Dehydration Ngl Pipeline Energy Transfer Partners Natural Gas Compression Services Natural Gas Gathering System Natural Gas Liquid Interstate Natural Gas Pipelines Natural Gas Transportation Pipelines Oil And Gas Royalties

Is ET a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.56
52 Week Low 10.4202
Average Volume 12,752,064
200-Day Moving Average 13.14
50-Day Moving Average 14.31
20-Day Moving Average 14.95
10-Day Moving Average 15.15
Average True Range 0.22
RSI (14) 74.09
ADX 35.97
+DI 34.89
-DI 13.29
Chandelier Exit (Long, 3 ATRs) 14.91
Chandelier Exit (Short, 3 ATRs) 14.74
Upper Bollinger Bands 15.45
Lower Bollinger Band 14.46
Percent B (%b) 1.12
BandWidth 6.60
MACD Line 0.29
MACD Signal Line 0.27
MACD Histogram 0.0178
Fundamentals Value
Market Cap 52.32 Billion
Num Shares 3.36 Billion
EPS 1.06
Price-to-Earnings (P/E) Ratio 14.68
Price-to-Sales 0.60
Price-to-Book 1.42
PEG Ratio 1.08
Dividend 1.24
Dividend Yield 7.97%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.92
Resistance 3 (R3) 15.88 15.72 15.86
Resistance 2 (R2) 15.72 15.63 15.74 15.84
Resistance 1 (R1) 15.64 15.57 15.68 15.68 15.82
Pivot Point 15.48 15.48 15.50 15.50 15.48
Support 1 (S1) 15.40 15.39 15.44 15.44 15.30
Support 2 (S2) 15.24 15.33 15.26 15.28
Support 3 (S3) 15.16 15.24 15.26
Support 4 (S4) 15.20