EVERUS CONSTRUCTION GROUP (ECG) Technical Analysis
NYSE:ECG • US3004261034
Current stock price
ECG Technical Rating and Analysis
Overall ECG gets a technical rating of 10 out of 10. 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!
- Looking at the yearly performance, ECG did better than 97% of all other 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 90% of 55 stocks in the same industry.
- A new 52 week high is currently being made by ECG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ECG has a been trading in the 117.08 - 149.88 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ECG Weekly and Daily overview Charts
ECG Setup Rating and Analysis
Although ECG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ECG Support and Resistance Analysis
84.89
6 important support areas can be observed.
- A support zone ranging from 132.54 to 134.08. 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 127.27 to 128.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @110.25 from a horizontal line in the daily time frame.
- Support @106.02 from a trend line in the weekly time frame.
- Support @92.42 from a trend line in the daily time frame.
- Support @85.75 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 | 97.65 | POSITIVE | ECG has a high relative strength, it outperformed 97.65% 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). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.4 | NEUTRAL | The RSI value for ECG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.15 | POSITIVE | The MACD value suggests ECG has a positive trend. |
| Stochastics (14,3) | 83.22 | OVERBOUGHT | The high Stochastics value suggests ECG may be overbought. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for ECG suggests some volalility. |
| Average Directional Index/ADX (14) | 35.23 | POSITIVE | The high ADX value value for ECG suggests a strong trend. |
ECG Chart- and CandleStick Pattern Analysis
ECG Technicals: Chart, Performance Metrics, Trend & Indicators
149.14
+1.71 (+1.16%)
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.
Can you provide the RSI signal for EVERUS CONSTRUCTION GROUP?
EVERUS CONSTRUCTION GROUP (ECG) has an RSI value of 69.4009. This indicates that the stock is currently neutral.
What is the short term momentum for ECG stock?
The short term momentum for EVERUS CONSTRUCTION GROUP (ECG) is positive.
What is the support and resistance level for ECG stock?
EVERUS CONSTRUCTION GROUP (ECG) has a support level at 134.08. Check the full technical report for our detailed analysis of ECG support and resistance levels.