Energy Transfer Lp Stock Technical Analysis

ET Stock  USD 15.54  0.05  0.32%   
As of the 28th of March, Energy Transfer shows the Mean Deviation of 0.6298, downside deviation of 0.7422, and Coefficient Of Variation of 374.42. Energy Transfer LP technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Energy Transfer LP, which can be compared to its rivals. Please confirm Energy Transfer LP variance, as well as the relationship between the value at risk and skewness to decide if Energy Transfer LP is priced favorably, providing market reflects its regular price of 15.54 per share. Given that Energy Transfer has jensen alpha of 0.1347, we urge you to verify Energy Transfer LP's prevailing market performance to make sure the company can sustain itself at a future point.

Energy Transfer Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Energy, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Energy
  
Energy Transfer's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Energy Transfer Analyst Consensus

Target PriceAdvice# of Analysts
17.19Strong Buy19Odds
Energy Transfer LP current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Energy analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Energy stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Energy Transfer LP, talking to its executives and customers, or listening to Energy conference calls.
Energy Analyst Advice Details
Energy Transfer technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Energy Transfer technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Energy Transfer trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Energy Transfer LP Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Energy Transfer LP volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Energy Transfer LP Trend Analysis

Use this graph to draw trend lines for Energy Transfer LP. You can use it to identify possible trend reversals for Energy Transfer as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Energy Transfer price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Energy Transfer Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Energy Transfer LP applied against its price change over selected period. The best fit line has a slop of   0.04  , which suggests that Energy Transfer LP will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 55.58, which is the sum of squared deviations for the predicted Energy Transfer price change compared to its average price change.

About Energy Transfer Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Energy Transfer LP on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Energy Transfer LP based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Energy Transfer LP price pattern first instead of the macroeconomic environment surrounding Energy Transfer LP. By analyzing Energy Transfer's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Energy Transfer's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Energy Transfer specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Price Earnings Ratio4.117.711.0910.53
Short Term Coverage Ratios15.35192.578.988.53

Energy Transfer March 28, 2024 Technical Indicators

Most technical analysis of Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Energy from various momentum indicators to cycle indicators. When you analyze Energy charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Energy Transfer March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Energy stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Energy Transfer LP is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Energy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energy Transfer Lp Stock. Highlighted below are key reports to facilitate an investment decision about Energy Transfer Lp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Transfer LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Energy Stock analysis

When running Energy Transfer's price analysis, check to measure Energy Transfer's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energy Transfer is operating at the current time. Most of Energy Transfer's value examination focuses on studying past and present price action to predict the probability of Energy Transfer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Transfer's price. Additionally, you may evaluate how the addition of Energy Transfer to your portfolios can decrease your overall portfolio volatility.
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Is Energy Transfer's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Energy Transfer. If investors know Energy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Energy Transfer listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.081
Dividend Share
1.245
Earnings Share
1.09
Revenue Per Share
24.856
Quarterly Revenue Growth
0.002
The market value of Energy Transfer LP is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Transfer's value that differs from its market value or its book value, called intrinsic value, which is Energy Transfer's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Energy Transfer's market value can be influenced by many factors that don't directly affect Energy Transfer's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Energy Transfer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Transfer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Transfer's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.