ENTERPRISE PRODUCTS PARTNERS L.P.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	EPD
ISIN:

ENTERPRISE PRODUCTS PARTNERS L.P. - 1H - Technical analysis published on 11/27/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 33.22 USD

My targets

33.95 USD (+0.82%)

35.04 USD (+4.08%)

My analysis

ENTERPRISE PRODUCTS PARTNERS L.P. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 33.22 USD. The next resistance located at 33.95 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 35.04 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ENTERPRISE PRODUCTS PARTNERS L.P. price is 33.67 USD. On the day, this instrument gained +2.47% with the lowest point at 32.90 USD and the highest point at 33.80 USD. The deviation from the price is +2.34% for the low point and -0.38% for the high point.

32.90

33.80

33.67

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ENTERPRISE PRODUCTS PARTNERS L.P.:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this ENTERPRISE PRODUCTS PARTNERS L.P. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	31.47	32.22	33.22	33.67
Change (%)	-6.53%	-4.31%	-1.34%	-
Change	-2.20	-1.45	-0.45	-
Level	Minor	Minor	Intermediate	-

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	31.50	31.86	32.36	32.72	33.22	33.58	34.08
Camarilla	32.62	32.70	32.78	32.86	32.94	33.02	33.10
Woodie	31.57	31.90	32.43	32.76	33.29	33.62	34.15
Fibonacci	31.86	32.19	32.39	32.72	33.05	33.25	33.58

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	30.06	30.63	31.72	32.29	33.38	33.95	35.04
Camarilla	32.36	32.52	32.67	32.82	32.97	33.12	33.28
Woodie	30.33	30.76	31.99	32.42	33.65	34.08	35.31
Fibonacci	30.63	31.26	31.65	32.29	32.92	33.31	33.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.07	27.67	28.17	28.77	29.27	29.87	30.37
Camarilla	28.36	28.46	28.56	28.66	28.76	28.86	28.96
Woodie	27.01	27.65	28.11	28.75	29.21	29.85	30.31
Fibonacci	27.67	28.09	28.35	28.77	29.19	29.45	29.87

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	76.39
MACD (12,26,9):	0.3500
Directional Movement:	33.73
AROON (14):	64.29
DEMA (21):	33.33
Parabolic SAR (0,02-0,02-0,2):	32.66
Elder Ray (13):	0.66
Super Trend (3,10):	33.05
Zig ZAG (10):	33.74
VORTEX (21):	1.1800
Stochastique (14,3,5):	96.74
TEMA (21):	33.43
Williams %R (14):	-3.16
Chande Momentum Oscillator (20):	1.36
Repulse (5,40,3):	1.5400
ROCnROLL:	1
TRIX (15,9):	0.1100
Courbe Coppock:	3.98

MA7:	32.50
MA20:	30.94
MA50:	29.61
MA100:	29.07
MAexp7:	33.34
MAexp20:	32.90
MAexp50:	32.32
MAexp100:	31.57
Price / MA7:	+3.60%
Price / MA20:	+8.82%
Price / MA50:	+13.71%
Price / MA100:	+15.82%
Price / MAexp7:	+0.99%
Price / MAexp20:	+2.34%
Price / MAexp50:	+4.18%
Price / MAexp100:	+6.65%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on ENTERPRISE PRODUCTS PARTNERS L.P. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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