ET Stock Forecast & Energy Transfer LP Chart Analysis
This article provides a detailed analysis of ET-Energy Transfer LP stock including a forecast for ET shares. It features Energy Transfer LP technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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ET Historical Data Review
ET Current Price Performance Analysis
The Energy Transfer LP - ET stock traded on the American stock market, on 06-05-2024, closed at 15.38$ with a %0.07 increased compared to the previous day.
In the last month, the price of ET changed by %-4.23 decreased in value, from 16.06 dollars on 05-06-2024 to 15.38 dollars, decreased.
Last year, the price of ET was 12.91 dollars on 06-06-2023, and changed by %19.13 increased in value, to 15.38 dollars increased within a year.
The price of Energy Transfer LP stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
ET with AI Stock Forecast & Price Target
On the ET chart Energy Transfer LP price was recorded as 15.38 Dollars on 06/05/2024.
The artificial intelligence's forecast on ET stock is as follows.
The artificial intelligence's prediction error margin for ET stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Energy Transfer LP stock over the next 4 months is: 14.2 Dollars.
The commentary on ET stock Target Price: Highest: 16.018 Dollars is predicted.
The commentary on ET stock Target Price: Lowest: 13.03 Dollars is predicted.
Resistance Price where Energy Transfer LP stock will Rise and Fall:
Date | Price Prediction |
---|---|
06-20-2024 | 16.018 |
09-23-2024 | 14.217 |
12-27-2024 | 14.095 |
02-25-2025 | 14.946 |
Support Price where Energy Transfer LP stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-09-2024 | 13.037 |
11-12-2024 | 13.030 |
01-21-2025 | 13.927 |
03-27-2025 | 14.423 |
The commentary on ET stock: Fluctuations in the target price can be expected in the coming days.
The target price for Energy Transfer LP stock by the end of 2024 is predicted to be 14.095 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ET stock, and the 2024 target price predictions for Energy Transfer LP are detailed above.
The technical analysis and charts for the commentary on ET stock are below.
ET Support & Resistance and Trend Analysis
ET stock you have reviewed the technical analysis support resistance charts regarding.
ET : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ET review, the Energy Transfer LP support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Energy Transfer LP Support and Resistance Prices:
ET Support Level Price | ET Resistance Level Price |
---|---|
13.01 | 13.95 |
13.12 | 14.11 |
13.60 | 14.48 |
13.67 | 14.65 |
13.79 | 15.28 |
14.97 | 16.04 |
15.32 | 16.40 |
15.45 |
ET Technical Analysis: SMA, RSI, MACD
Upon reviewing the ET chart, buy and sell signals have been generated in the Energy Transfer LP technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for ET stock are as follows:- ET technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Energy Transfer LP gave a 'Buy' signal when the RSI was at 26.163, with the current RSI value at 35.593.
- The technical analysis for Energy Transfer LP indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Energy Transfer LP stock: Click here to read more predictions on MetLife stock.
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