ENNIS INC (EBF) Technical Analysis
NYSE:EBF • US2933891028
Current stock price
EBF Technical Rating and Analysis
Taking everything into account, EBF scores 8 out of 10 in our technical rating. Although EBF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- EBF is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 71% of 82 stocks in the same industry.
- EBF is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EBF is leading the market.
- In the last month EBF has a been trading in the 20.11 - 21.60 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.
- When comparing the performance of all stocks over the past year, EBF turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
EBF Weekly and Daily overview Charts
EBF Setup Rating and Analysis
Besides having an excellent technical rating, EBF also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 21.21. Right above this resistance zone may be a good entry point.
More info and screens
EBF Support and Resistance Analysis
17.82
When analyzing the support we can see 2 important areas.
- Support @20.51 from a trend line in the daily time frame.
- A support zone ranging from 18.00 to 18.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 21.21 to 21.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
EBF Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for EBF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EBF is up. |
| ChartMill Relative Strength | 66.41 | NEUTRAL | EBF is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of EBF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EBF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.97 | NEUTRAL | The RSI value for EBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests EBF has a negative trend. |
| Stochastics (14,3) | 66.43 | NEUTRAL | The Stochastics value for EBF is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for EBF suggests some volalility. |
| Average Directional Index/ADX (14) | 25.91 | POSITIVE | The high ADX value value for EBF suggests a strong trend. |
EBF Chart- and CandleStick Pattern Analysis
EBF Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.48 | 20.62 | 0.86 (4.00%) | 24.98% |
| An entry @21.48. This is a Buy Stop order right above the resistance zone. | An exit @20.62. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.86 points, which is 4.00%. | For a 1.00% total portfolio risk, you can invest 24.98% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EBF Technicals: Chart, Performance Metrics, Trend & Indicators
21.15
-0.11 (-0.52%)
ENNIS INC / EBF TA FAQ
Can you provide the ChartMill technical rating for ENNIS INC?
ChartMill assigns a technical rating of 8 / 10 to EBF.
What is the current trend direction of ENNIS INC (EBF) stock?
The current trend direction for ENNIS INC (EBF) is Bullish.
What is the RSI signal for EBF stock?
ENNIS INC (EBF) has an RSI value of 59.9662. This indicates that the stock is currently neutral.
What is the MACD signal for EBF stock?
The MACD indicator for ENNIS INC (EBF) has a value of -0.0670295, indicating a bearish trend.
Can you provide the short term momentum for ENNIS INC?
The short term momentum for ENNIS INC (EBF) is positive.