ENNIS INC (EBF) Stock Technical Analysis
USA - NYSE:EBF - US2933891028 - Common Stock
We assign a technical rating of 0 out of 10 to EBF. EBF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, EBF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.53. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for EBF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
16.80
We can see 2 important resistance areas.
- A resistance zone ranging from 17.53 to 18.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.70 to 18.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for EBF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EBF is neutral. |
| ChartMill Relative Strength | 17.94 | NEGATIVE | EBF has a low relative strength, it was outperformed by 82.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EBF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EBF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EBF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.85 | NEUTRAL | The RSI value for EBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests EBF has a positive trend. |
| Stochastics (14,3) | 59.36 | NEUTRAL | The Stochastics value for EBF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for EBF suggests some volalility. |
| Average Directional Index/ADX (14) | 25.2 | POSITIVE | The high ADX value value for EBF suggests a strong trend. |
16.97
+0.03 (+0.18%)
ENNIS INC / EBF FAQ
Can you provide the ChartMill technical rating for ENNIS INC?
ChartMill assigns a technical rating of 0 / 10 to EBF.
What is the trend direction for EBF stock?
The current trend direction for ENNIS INC (EBF) is Bearish.
What is the RSI signal for ENNIS INC (EBF) stock?
ENNIS INC (EBF) has an RSI value of 45.8466. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ENNIS INC?
The short term momentum for ENNIS INC (EBF) is neutral.
What are the support and resistance levels for ENNIS INC (EBF) stock?
ENNIS INC (EBF) has a resistance level at 17.53. Check the full technical report for our detailed analysis of EBF support and resistance levels.