ENERGY TRANSFER Technical Analysis (NYSE:ETP)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The ENERGY TRANSFER stock price data and volume are plotted in ETP stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for ENERGY TRANSFER. The technical analysis form of ENERGY TRANSFER stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
ENERGY TRANSFER Moving Average
Moving averages help predict the price direction of ETP stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for ENERGY TRANSFER are mostly signals of long term trends and will help long term traders.
ENERGY TRANSFER Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the ETP stock. Currently the stock price of $22.06 is in the upper range of ENERGY TRANSFER bollinger bands.
ENERGY TRANSFER Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The ENERGY TRANSFER MACD indicator can be used to identify bullish and bearish trends for the stock.
ENERGY TRANSFER Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of ETP stock is 56.73.