EVERUS CONSTRUCTION GROUP (ECG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ECG - US3004261034 - Common Stock
We assign a technical rating of 2 out of 10 to ECG. In the last year, ECG was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The technical rating of ECG is bad and it also does not present a 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
78.49
When analyzing the support we can see 3 important areas.
- Support @85.27 from a horizontal line in the weekly time frame.
- Support @82.03 from a horizontal line in the daily time frame.
- A support zone ranging from 79.28 to 80.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 85.84 to 88.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @91.69 from a horizontal line in the daily time frame.
- Resistance @100.85 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 | DOWN | NEGATIVE | The short term trend for ECG is down. |
| ChartMill Relative Strength | 65.48 | NEUTRAL | ECG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ECG is below a declining 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) | 43.26 | NEUTRAL | The RSI value for ECG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests ECG has a negative trend. |
| Stochastics (14,3) | 15.8 | OVERSOLD | The low Stochastics value suggests ECG may be oversold. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for ECG suggests some volalility. |
| Average Directional Index/ADX (14) | 13.14 | NEGATIVE | The low ADX value for ECG suggests a weak or negative trend. |
85.28
-0.05 (-0.06%)
EVERUS CONSTRUCTION GROUP / ECG FAQ
Can you provide the ChartMill technical rating for EVERUS CONSTRUCTION GROUP?
ChartMill assigns a technical rating of 2 / 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 43.2588. 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 -0.377049, 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 85.27 and a resistance level at 85.84. Check the full technical report for our detailed analysis of ECG support and resistance levels.