ENTERPRISE BANCORP INC (EBTC)
US2936681095 - Common Stock
Taking everything into account, EBTC scores 0 out of 10 in our technical rating. EBTC 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, EBTC is a bad performer in the overall market: 80% of all stocks are doing better.
EBTC is one of the lesser performing stocks in the Banks industry. 90% of 412 stocks in the same industry do better.
EBTC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EBTC is lagging the market.
In the last month EBTC has a been trading in the 23.01 - 25.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
EBTC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EBTC 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
23.16
32.64
When analyzing the support we can see 2 important areas.
- A support zone ranging from 24.30 to 24.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 23.39 to 23.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 24.90 to 25.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.30 from a horizontal line in the daily time frame.
- Resistance @32.32 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.64
Mansfield-2
10 Day High25.52
10 Day Low23.01
20 Day High25.59
20 Day Low23.01
52 Week High34.1
52 Week Low23.01
Performance
1 Week0.35%
2 Weeks5.15%
1 Month-0.96%
3 Month-11.53%
6 Month-9.32%
12 Month-10.92%
2 Year-26.83%
3 Year-28.29%
5 Year-11.88%
10 Year26.39%
15 Year107.13%
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)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)50.21
LBB23.21
UBB25.33
ENTERPRISE BANCORP INC
NASDAQ:EBTC (5/2/2024, 7:00:01 PM)
After market: 24.71 0 (0%)24.71
+0.09 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.37%
1 Week0.35%
2 Weeks5.15%
1 Month-0.96%
3 Month-11.53%
6 Month-9.32%
12 Month-10.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.69
ATR(20)%2.99%
ATR Inc
Range Today0.24
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High25.52
10 Day Low23.01
20 Day High25.59
20 Day Low23.01
52 Week High34.1
52 Week Low23.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume30.80K
Volume Incr-26.83%
Vol(5)17.86K
Vol(50)30.64K