RSI low/high Values: [ 25 - 75 ]
* uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ET
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Energy Transfer stock price up 0.122% on Tuesday
(Updated on Jul 23, 2024)

Buy or Hold candidate since Jun 20, 2024 Gain 4.46% PDF

The Energy Transfer stock price gained 0.122% on the last trading day (Tuesday, 23rd Jul 2024), rising from $16.38 to $16.40. During the last trading day the stock fluctuated 1.11% from a day low at $16.25 to a day high of $16.43. The price has risen in 6 of the last 10 days and is up by 1.74% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 15 million more shares were traded than the day before. In total, 31 million shares were bought and sold for approximately $509.87 million.

The stock lies in the upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $16.46 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 2.89% during the next 3 months and, with a 90% probability hold a price between $15.79 and $16.93 at the end of this 3-month period.

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ET Signals & Forecast

The Energy Transfer stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $16.35 and $15.92. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, July 19, 2024, and so far it has fallen -0.243%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Energy Transfer stock

Energy Transfer finds support from accumulated volume at $16.36 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.180 between high and low, or 1.11%. For the last week the stock has had daily average volatility of 1.59%.

Our recommended stop-loss: $15.74 (-4.02%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 25 days ago.)

Trading Expectations (ET) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Energy Transfer L.P. to open at $16.36, and during the day (based on 14 day Average True Range), to move between $16.18 and $16.62, which gives a possible trading interval of +/-$0.221 (+/-1.35%) up or down from last closing price. If Energy Transfer L.P. takes out the full calculated possible swing range there will be an estimated 2.69% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $16.36 (0.24%) than the resistance at $16.44 (0.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Energy Transfer L.P. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Energy Transfer stock to perform well in the short-term.

Current score: 2.231 Buy Candidate Unchanged

Predicted Opening Price for Energy Transfer L.P. of Wednesday, July 24, 2024

Fair opening price July 24, 2024 Current price
$16.36 ( 0.244%) $16.40

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ET

Fibonacci Support & Resistance Levels

Level Price
R3 16.54 0.85%
R2 16.47 0.434%
R1 16.43 0.175%
Price 16.40
S1 16.29 -0.663%
S2 16.25 -0.92%
S3 16.18 -1.34%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 16.44 0.244%
Price 16.40
S1 16.36 -0.244%
S2 16.13 -1.65%
S3 15.48 -5.61%

ET Dividend Payout History

# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 24, 2024 May 10, 2024 May 20, 2024 $0.318 1.97%
2 Jan 25, 2024 Feb 06, 2024 Feb 20, 2024 $0.315 2.15%
3 Oct 20, 2023 Oct 27, 2023 Nov 20, 2023 $0.313 2.31%
4 Jul 25, 2023 Aug 11, 2023 Aug 21, 2023 $0.310 2.38%
5 Apr 26, 2023 May 05, 2023 May 22, 2023 $0.308 2.42%


What is the symbol for Energy Transfer Stock and on which exchange is it traded?
The symbol for Energy Transfer is ET and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Energy Transfer Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Energy Transfer stock to perform well in the short-term.

How to buy Energy Transfer Stock?
Energy Transfer Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Energy Transfer Stock.

What's the current price of Energy Transfer Stock?
As of the end of day on the Jul 23, 2024, the price of an Energy Transfer (ET) share was $16.40.

What is the 52-week high and low for Energy Transfer Stock?
The 52-week high for Energy Transfer Stock is $16.50 and the 52-week low is $12.47.

What is the market capitalization of Energy Transfer Stock?
As of the Jul 23, 2024, the market capitalization of Energy Transfer is 55.224B.

When is the next earnings date for Energy Transfer?
The upcoming earnings date for Energy Transfer is Aug 07, 2024.
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About Energy Transfer L.P.

Energy Transfer Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,830 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing ... ET Profile

Top Fintech Company featured in The Global Fintech Index 2020 as the top Fintech company of the country.

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