EVERUS CONSTRUCTION GROUP (ECG) Stock Technical Analysis
NYSE:ECG - New York Stock Exchange, Inc. - US3004261034 - Common Stock - Currency: USD
Taking everything into account, ECG scores 6 out of 10 in our technical rating. ECG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
100% of all other stocks performed better in the past year than ECG.
ECG is part of the Construction & Engineering industry. There are 52 other stocks in this industry, of which 78% are performing better than ECG.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ECG has a been trading in the 43.25 - 65.00 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.
ECG has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
56.12
61.86
We found 1 important support area.
- A support zone ranging from 56.69 to 56.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 59.22 to 59.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @61.25 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 | 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 | 0 | NEGATIVE | ECG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECG is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 66.25 | NEUTRAL | The RSI value for ECG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests ECG has a negative trend. |
| Stochastics (14,3) | 59.74 | NEUTRAL | The Stochastics value for ECG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for ECG suggests some volalility. |
| Average Directional Index/ADX (14) | 42.03 | POSITIVE | The high ADX value value for ECG suggests a strong 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)
57.91
+0.04 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.07%
1 Week0.91%
2 Weeks-5.44%
1 Month35.18%
3 Month39.21%
6 Month-9.03%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.14
ATR(20)%4.85%
ATR Inc-39.39%
Range Today2.21
ADR(20)2.44
ADR(20)%4.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High61.51
10 Day Low55.31
20 Day High65
20 Day Low43.25
52 Week HighN/A
52 Week LowN/A
CS1 End56.69
CR1 Start59.22
Volume & EV
DER(3)-0.74%
DER(5)0.47%
Volume545.70K
Volume Incr-43.45%
Vol(5)449.62K
Vol(50)733.45K