Energy Transfer stock price forecast: $18.85–$19.59 range as ET gains 1.75%

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Energy Transfer up 1.75% at $19.22

Highlights

ET/USD maintains a bullish structure across short to long term, trading above key moving averages on all timeframes.
Momentum indicators predominantly signal continued buyer dominance, though multiple overbought warnings raise short-term pullback potential.
Price is expected to consolidate in the $18.85–$19.59 range, with a high probability of further upside barring a break below immediate support.

Buy signals outweigh trend caution as oscillators turn overbought

On the hourly chart, ET trades above the MA-20 and MA-50, with daily price action remaining above the MA-200. Immediate support lies at the Ichimoku Kijun level of $18.87. RSI currently reads 68.64, signaling a buy, while MACD and the Awesome Oscillator both indicate additional upside potential. Stoch RSI and CCI are in overbought territory, and BBP leans to the buy side, reflecting strong buyer dominance during the session. However, ADX remains neutral, highlighting that the trend's strength is not particularly pronounced, and there is a mild divergence between strong momentum and neutral trend intensity. The session closed with a small gap near the day's high, accompanied by moderate volatility.

Consolidation expected as bullish breakout risk grows

Over the next several sessions, ET is expected to consolidate within a range between $18.85 and $19.59, reflecting a typical volatility band relative to current levels. The likelihood of further upside is high at 70%, while downside risk is considered less likely under the current technical setup. The baseline scenario suggests lateral movement within the established corridor, with a bullish breakout targeting levels above resistance and a bearish move likely triggered by a break below immediate support.

Viktoras Karapetjanc, expert at Traders Union, sees Energy Transfer LP showing constructive technical strength above key moving averages. The absence of notable news keeps the current trend firmly in the hands of technical traders. Indicators point to high buyer interest, but trend strength remains subdued, suggesting likely consolidation. He expects ET to trade in a range between $18.85 and $19.59 with a bullish tilt. "With this setup, I remain confidently optimistic — as long as support holds, a breakout above resistance is my base case."

Earlier, analysts noted that Energy Transfer's technical backdrop was marked by mixed indicators and a cautious outlook, with uncertainty prevailing among traders. The current shift toward stronger bullish momentum and elevated upside probabilities signals a potentially more constructive phase, making the $19.59 resistance level a critical threshold to monitor for a decisive breakout.

Source of Data: ET Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.