EVERUS CONSTRUCTION GROUP (ECG) Technical Analysis
NYSE:ECG • US3004261034
Current stock price
ECG Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ECG. Both in the recent history as in the last year, ECG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ECG is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by ECG over the past year are nicely spread over this period.
- ECG is one of the better performing stocks in the Construction & Engineering industry, it outperforms 94% of 56 stocks in the same industry.
- ECG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ECG is performing more or less in line with the market.
- In the last month ECG has a been trading in the 107.12 - 124.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Considerably lower volume is observed in the last couple of days.
ECG Weekly and Daily overview Charts
ECG Setup Rating and Analysis
ECG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 116.87, a Stop Loss order could be placed below this zone.
More info and screens
ECG Support and Resistance Analysis
83.27
7 important support areas can be observed.
- A support zone ranging from 115.02 to 116.87. 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 110.25 to 110.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @99.56 from a trend line in the weekly time frame.
- Support @91.77 from a trend line in the daily time frame.
- Support @89.81 from a trend line in the weekly time frame.
- Support @85.75 from a horizontal line in the daily time frame.
- Support @84.11 from a horizontal line in the daily time frame.
ECG 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 ECG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECG is up. |
| ChartMill Relative Strength | 97.99 | POSITIVE | ECG has a high relative strength, it outperformed 97.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ECG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.17 | NEUTRAL | The RSI value for ECG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests ECG has a negative trend. |
| Stochastics (14,3) | 63.2 | NEUTRAL | The Stochastics value for ECG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for ECG suggests high volalility. |
| Average Directional Index/ADX (14) | 23.56 | NEUTRAL | The ADX value for ECG suggests a possible start of a new trend. |
ECG Chart- and CandleStick Pattern Analysis
ECG 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 |
|---|---|---|---|
| 124.54 | 115.01 | 9.53 (7.65%) | 13.07% |
| An entry @124.54. This is a Buy Stop order right above the 10 day high. | An exit @115.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 9.53 points, which is 7.65%. | For a 1.00% total portfolio risk, you can invest 13.07% 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.
ECG Technicals: Chart, Performance Metrics, Trend & Indicators
117.31
+2.22 (+1.93%)
EVERUS CONSTRUCTION GROUP / ECG TA FAQ
Can you provide the ChartMill technical rating for EVERUS CONSTRUCTION GROUP?
ChartMill assigns a technical rating of 10 / 10 to ECG.
What is the trend direction for ECG stock?
The current trend direction for EVERUS CONSTRUCTION GROUP (ECG) is Bullish.
What is the RSI signal for EVERUS CONSTRUCTION GROUP (ECG) stock?
EVERUS CONSTRUCTION GROUP (ECG) has an RSI value of 54.1739. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EVERUS CONSTRUCTION GROUP?
The MACD indicator for EVERUS CONSTRUCTION GROUP (ECG) has a value of -0.475089, indicating a bearish trend.
What are the support and resistance levels for EVERUS CONSTRUCTION GROUP (ECG) stock?
EVERUS CONSTRUCTION GROUP (ECG) has a support level at 116.87. Check the full technical report for our detailed analysis of ECG support and resistance levels.