Energy Transfer LP Common Units representing limited partner interests
Here’s whether Energy Transfer LP Common Units representing limited partner interests (ET) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Caution.
Positives: trading above the 200-day MA (long-term uptrend intact). Concerns: below the 50-day MA (medium-term momentum negative); declining volume on rally — weak conviction (0.72x 30d avg). Currently 7.9% off its 52-week high. Score: +0/7.
ET is holding above its long-term 200-day MA ($17.96) but has slipped below the 50-day MA ($19.45), pointing to short-term weakness in an otherwise intact trend. An RSI of 31.5 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +3.4% compares to +22.9% for SPY (trailed the market by 19.5%).