Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of ET-PE will decline by -69.91% over the next 2 Weeks and hit $24.50 by Friday, November 24, 2023. In that time frame, ET-PE's share price is expected to range between $24.26 and $24.77.
BearishAverageBullish| Date | Predicted Lower | Predicted | Predicted Upper |
|---|---|---|---|
| Nov 24, 2023 | 24.25 | 24.50 | 24.78 |
| Nov 23, 2023 | 24.31 | 24.53 | 24.78 |
| Nov 22, 2023 | 24.35 | 24.55 | 24.74 |
| Nov 21, 2023 | 24.38 | 24.55 | 24.71 |
| Nov 20, 2023 | 24.49 | 24.61 | 24.75 |
| Nov 17, 2023 | 24.46 | 24.58 | 24.69 |
| Nov 16, 2023 | 24.52 | 24.62 | 24.71 |
| Nov 15, 2023 | 24.55 | 24.63 | 24.71 |
| Nov 14, 2023 | 24.54 | 24.63 | 24.70 |
| Nov 13, 2023 | 24.62 | 24.69 | 24.77 |
| Nov 10, 2023 | 24.59 | 24.66 | 24.74 |
| Nov 9, 2023 | 24.62 | 24.70 | 24.78 |
| Nov 8, 2023 | 24.64 | 24.71 | 24.79 |
| Nov 7, 2023 | 24.63 | 24.71 | 24.79 |
ET-PE shares rose +4.82% in Wednesday, February 12, 2025's trading session, rising from a previous close of $77.69 to move at $81.43. The stock demonstrated notable intraday movement (see ET-PE's key stats for a full breakdown), fluctuating between $78.61 and $81.57, a +3.76% trading range. While recent weeks have seen some volatility, ET-PE has managed to secure a -10.16% drop over the past 2 weeks. The upward price movement was accompanied by increased trading volume, with approximately 26.88M shares changing hands, 143.46K more than the previous session. This amounted to $2.19B in total market activity.
Will ET-PE Continue Its Downward Trend?
According to analyst ratings and projections for ET-PE, Energy Transfer LP shares are anticipated to decrease by -228.64%, potentially reaching $24.78 per share by November 24, 2023. Short-term technical indicators for ET-PE currently suggest a bearish sentiment. This aligns with the stock's recent performance, as it has recorded 17 negative trading days within the past 30 sessions. Based on the ET-PE stock forecast, now is not the best time to buy ET-PE stock because its current trading price is +232.39% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on ET-PE covering social and institutional perspectives.
ET-PE Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into ET-PE's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 44.44% to 48.35%) suggest the stock is in a neutral to slightly bearish momentum phase. The 50-day RSI, at 54.04%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 56.28%, maintains a neutral outlook for the long term. Insights into ET-PE's shareholder base show how institutional investors are positioning themselves during these momentum shifts

