The price of Energy Transfer Equity, L.P. (NYSE:ETE) over the past year has decreased -13.02% while the S&P 500 has increased 18.38%. During the past 20 days, ETE has increased 5.84% while the broad market has increased 2.67%. ETE ‘s 20-day moving average currently sits above its 100-day moving average. This is a bullish signal that suggests the stock price might continue to rise. ETE’s average trading volume during the past 20 days is lower than the average volume over the past 100 days, which could be an indication that investors are feeling less certain than usual about the direction of ETE’s future price movements.

Recent trading patterns in the stock of Energy Transfer Equity, L.P. (ETE) have investors on high alert. The idea that stock performance can best be predicted by analyzing past trading data is a widely held view among financial professionals. In the case of ETE, the data could have some interesting implications for future performance. In the most recent quarter, institutional ownership increased by a net of 33.34 million shares, or 5.99%.This is a bullish sign and indicates that institutions are feeling more optimistic about the outlook for ETE overall.135 holders increased their positions, 144 decreased their positions, and 111 holders held their positions.

Among institutions that increased their positions, 34 were new positions. Among holders that decreased their positions, 26 sold out of the stock Energy Transfer Equity, L.P.. Insider ownership during the latest quarter decreased by a net of 0 shares, indicating that ETE’s key executives are feeling more bearish about the stock than they did three months ago. Insider ownership during the last year has increased by a net of 15648 shares.

Energy Transfer Equity, L.P. (NYSE:ETE) has a 20-day RSI of 53.91%. According to this momentum indicator, a reading between 30 and 70 suggests the stock is not especially cheap or expensive, and not on the brink of a trend reversal. The MACD tells a different story. ETE’s 9-day MACD currently sits below the 20-day MACD, indicating that ETE’s upside momentum has decreased during the last three weeks. This suggests that the trend might soon reverse. ETE’s average trading volatility during the past few weeks is -25.25% lower than the average volatility over the past 100 days. This means that the stock’s daily price swings have been less extreme in recent times compared to the past.

Analysts expect Energy Transfer Equity, L.P. (ETE) to generate earnings per share of $0.99 in 2017. This works out to an increase of 7.61% compared to last year’s earnings. For comparison’s sake, analysts expect the S&P 500 to grow earnings by an average of 12% in 2017. The average investment rating for ETE on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 4.40 or a Moderate Buy. Three months ago, analysts assigned ETE a 4.33 rating, which implies that analysts have become more optimistic about the outlook for the stock over the next year.