EVERUS CONSTRUCTION GROUP (ECG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ECG - US3004261034 - Common Stock
Overall ECG gets a technical rating of 3 out of 10. In the last year, ECG was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
ECG has a poor technical rating and the quality of the setup is also not perfect 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
4 important support areas can be observed.
- A support zone ranging from 86.98 to 87.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @84.12 from a trend line in the daily 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 87.64 to 91.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 79.5 | POSITIVE | ECG has a high relative strength, it outperformed 79.5% off all stocks 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) | 46.36 | NEUTRAL | The RSI value for ECG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests ECG has a negative trend. |
| Stochastics (14,3) | 41.84 | NEUTRAL | The Stochastics value for ECG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for ECG suggests some volalility. |
| Average Directional Index/ADX (14) | 11.77 | NEGATIVE | The low ADX value for ECG suggests a weak or negative trend. |
87.28
-1.32 (-1.49%)
EVERUS CONSTRUCTION GROUP / ECG FAQ
Can you provide the ChartMill technical rating for EVERUS CONSTRUCTION GROUP?
ChartMill assigns a technical rating of 3 / 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 46.3601. 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 -0.131969, 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 87.27 and a resistance level at 87.64. Check the full technical report for our detailed analysis of ECG support and resistance levels.