APRIL SALE: Save over 60% on our Pro Plans!

EPD rallies 4.15% closing $1.07 higher

Technical Analysis Report for EPD - Apr 16, 2018 [< 1 min read]
EPD rallies 4.15% closing $1.07 higher
EPD pushes through key resistance level
EPD dominated by bulls lifting the market higher throughout the day
EPD pushes through 100-day moving average
EPD ends the day on a bullish note closing near the high of the day
TQ Sentiment
Technical Forecast:

EPD finished Monday at 26.83 surging $1.07 (4.15%). This is the biggest single day gain in over a year. Today's closing price of 26.83 marks the highest close since February 14th. The bulls were in full control today, moving the market higher throughout the whole session. Closing above Friday's high at 26.00, the share confirms its breakout through the previous session's high having traded $0.96 above it intraday. Ending with a strong close near the high of the day sets a bullish note for the next session.

Daily chart for EPD

Monday's trading range was $1.20 (4.64%), that's far above last trading month's daily average range of $0.66. Weekly volatility is also higher, being way above the markets average with the monthly volatility being above average.


Breaking through the key resistance level at 26.03 today, it is now likely to act as support going forward.


The market shows strength in the short-term supported by its long-term uptrend with only the medium-term trend being bearish. The stock managed to break above the 100-day moving average at 25.91 today for the first time since March 9th.


While classical technical analysis indicates a very bullish sentiment for the next trading day, our quantitative statistics show a different picture being bearish.

Report Market Conditions
Price broke through Technical Resistance R1 TQ Pro Members Only
Bullish Break through SMA 100 TQ Pro Members Only
Closed above last periods high TQ Pro Members Only
Up Close near high of period TQ Pro Members Only
Strong Up Move TQ Pro Members Only
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Enterprise Products Partners L.P. traded like this in the past. See the odds for each technical pattern with expected gain and loss.


Stocks Top Movers

ETHUSD 706.3763.66 9.90%
BTCUSD 9,656.35704.38 7.87%
NATGAS 2.8110.032 1.15%
GOLD 1,332.25.6 0.42%
GBPUSD 1.39770.0039 0.28%
DXY 90.540-0.165 -0.18%
NKY 22,215.32-62.80 -0.28%
TBOND 142.344-0.594 -0.42%
FTSE 7,379.32-46.08 -0.62%
HSI 30,327.77-308.47 -1.01%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.