Energy Transfer stock falls as downward price move persists amid seller momentum

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Energy Transfer slides 1.18% today

Highlights

Energy Transfer LP raised its 2026 Adjusted EBITDA outlook to $19.7 billion to $19.9 billion, indicating stronger expected operating profitability.
Management updated earnings guidance to support long-term valuation multiples, but all figures remain projections and not achieved results.
Shares of Energy Transfer are trading below key short-term moving averages with selling momentum and are expected to consolidate between $19.71 and $20.49 in the coming days.

Profit forecast boost counters valuation pressure amid unrealized gains

Energy Transfer LP reported an increase in its 2026 Adjusted EBITDA outlook to a range of $19.7 billion to $19.9 billion, indicating management's higher expectations for future operating profitability. This upward revision to earnings guidance generally supports long-term valuation multiples and could improve sentiment around expansion plans. However, all recent announcements remain projections rather than completed results or realized financials, leaving price action under broader selling pressure.

Bearish momentum prevails as resistance caps rebound attempts

On the hourly chart, ET is trading below the MA-20 at $20.52 and the MA-50 at $20.61, while the daily timeframe shows the price above the MA-200 at $19.7. The Ichimoku Kijun at $20.59 is serving as immediate resistance. Momentum indicators such as MACD and ADX confirm selling conditions, while RSI and Stochastic RSI are neutral, and CCI indicates an oversold environment. Bull/Bear Power prints -0.08, and the Awesome Oscillator also reflects bearish momentum. These technicals show intraday seller control despite mixed oscillator signals.

Downside risk dominates as rebound probability remains subdued

Over the coming sessions, ET is projected to trade within a range of $19.71 to $20.49. The likelihood of a rebound is very low; a further decline remains the higher probability outcome in the short term, with price likely to consolidate within this typical volatility band. Should ET break above immediate resistance at $20.59, a rebound could materialize, while a drop below $19.71 would suggest scope for additional downside.

Viktoras Karapetjanc, expert at Traders Union, notes that Energy Transfer’s raised 2026 EBITDA guidance suggests robust management confidence in long-term growth. He observes, however, that the stock faces persistent short-term selling pressure, with technicals pointing to limited immediate upside. While expansion plans and forecasts improve the fundamental story, all gains are currently forward-looking and not yet reflected in actual results. He sees room for medium-term appreciation if technicals stabilize above resistance. "A confirmed move above $20.59 could be a catalyst for renewed investor optimism and stronger bullish momentum," Karapetjanc says.

Previously it was reported that Energy Transfer faced sustained downward pressure, with technical indicators favoring a further decline despite stable dividend payouts. The current analysis reinforces this outlook with updated technical confirmation, highlighting $19.71 as a critical level to watch for potential additional downside risk in the near term.

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.