EVERUS CONSTRUCTION GROUP (ECG) Stock Technical Analysis
NYSE:ECG - New York Stock Exchange, Inc. - US3004261034 - Common Stock - Currency: USD
Overall ECG gets a technical rating of 7 out of 10. Although ECG is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, ECG is a bad performer in the overall market: 100% of all stocks are doing better.
ECG is part of the Construction & Engineering industry. There are 49 other stocks in this industry, of which 81% are performing better than ECG.
The long and short term trends are both positive. This is looking good!
In the last month ECG has a been trading in the 62.92 - 76.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ECG has an excellent technical rating, it does not present a decent entry opportunity 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
62.14
74.27
We found 2 important support areas.
- Support @66.70 from a horizontal line in the daily time frame.
- A support zone ranging from 62.77 to 64.01. 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 2 important areas.
- A resistance zone ranging from 70.63 to 71.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @73.53 from a horizontal line in the weekly 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) | 55.74 | NEUTRAL | The RSI value for ECG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ECG has a negative trend. |
| Stochastics (14,3) | 74.43 | NEUTRAL | The Stochastics value for ECG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for ECG suggests some volalility. |
| Average Directional Index/ADX (14) | 25.26 | 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)
70.17
-4.09 (-5.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-5.51%
1 Week-4.57%
2 Weeks1.45%
1 Month7.69%
3 Month55.52%
6 Month1.98%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.82
ATR(20)%3.75%
ATR Inc56.85%
Range Today4.3
ADR(20)2.5
ADR(20)%3.57%
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 High76.18
10 Day Low65.27
20 Day High76.18
20 Day Low62.93
52 Week HighN/A
52 Week LowN/A
CS1 End66.7
CR1 Start70.63
Volume & EV
DER(3)-3.19%
DER(5)-2.19%
Volume637.00K
Volume Incr22.92%
Vol(5)570.24K
Vol(50)423.97K