ECG Technical Analysis - EVERUS CONSTRUCTION GROUP

Technical Rating and Analysis

We assign a technical rating of 7 out of 10 to ECG. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ECG is a bad performer.

100% of all other stocks performed better in the past year than ECG.

ECG is part of the Construction & Engineering industry. There are 55 other stocks in this industry, of which 75% are performing better than ECG.

Both the short term and long term trends are positive. This is a very positive sign.

ECG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month ECG has a been trading in the 77.86 - 92.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

EVERUS CONSTRUCTION GROUP / ECG Weekly stock chart

EVERUS CONSTRUCTION GROUP / ECG Daily stock chart

Setup Rating and Analysis

Although ECG has an excellent technical rating, it does not offer a high quality setup 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

78.78

86.02

We found 1 important support area.

A support zone ranging from 79.58 to 81.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 84.70 to 85.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	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	MIXED	The current price of ECG is below the rising 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)	61.67	NEUTRAL	The RSI value for ECG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.4	POSITIVE	The MACD value suggests ECG has a positive trend, although the MACD value is declining.
Stochastics (14,3)	84.96	OVERBOUGHT	The high Stochastics value suggests ECG may be overbought.
Average True Range in percent/ATR (20)	3.94	MEDIUM VOLATILITY	The ATR as a percentage value for ECG suggests some volalility.
Average Directional Index/ADX (14)	29.43	POSITIVE	The high ADX value value for ECG suggests a strong trend.