ENNIS INC (EBF) Stock Technical Analysis
NYSE:EBF - US2933891028 - Common Stock
18.47 USD
-0.23 (-1.23%)
18.47 USD
0 (0%)
Overall EBF gets a technical rating of 1 out of 10. EBF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
86% of all other stocks performed better in the past year than EBF.
EBF is one of the lesser performing stocks in the Commercial Services & Supplies industry. 72% of 84 stocks in the same industry do better.
EBF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EBF has a been trading in the 17.54 - 18.71 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
EBF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.37, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.10
21.58
3 important support areas can be observed.
- A support zone ranging from 18.11 to 18.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.57 to 17.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.27 to 17.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 18.48 to 18.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.56 from a horizontal line in the daily time frame.
- Resistance @21.37 from a horizontal line in the daily time frame.
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 | 14.86 | NEGATIVE | EBF has a low relative strength, it was outperformed by 85.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EBF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EBF is above 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) | 54.91 | 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) | 72.37 | NEUTRAL | The Stochastics value for EBF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for EBF suggests low volalility. |
| Average Directional Index/ADX (14) | 18.34 | NEGATIVE | The low ADX value for EBF suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
18.47
-0.23 (-1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-1.23%
1 Week2.44%
2 Weeks2.67%
1 Month1.99%
3 Month-1.07%
6 Month-12.88%
12 Month-22.75%
2 Year-13.29%
3 Year-13%
5 Year0.76%
10 Year13.1%
15 Year20.01%
Volatility
ATR(14)0.34
ATR(20)%1.95%
ATR Inc37.68%
Range Today0.23
ADR(20)0.35
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.86
Mansfield-1.61
10 Day High18.71
10 Day Low17.94
20 Day High18.71
20 Day Low17.54
52 Week High25.75
52 Week Low17.15
CS1 End18.37
CR1 Start18.48
Volume & EV
DER(3)0.37%
DER(5)0.91%
Volume129.80K
Volume Incr-26.22%
Vol(5)118.90K
Vol(50)159.64K