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.
100% of all other stocks performed better in the past year than ECG.
ECG is one of the lesser performing stocks in the Construction & Engineering industry. 81% of 49 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ECG has a been trading in the 60.78 - 73.59 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.
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
60.91
74.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 66.70 to 69.17. 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 61.53 to 62.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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) | 76.44 | OVERBOUGHT | The high RSI value suggests ECG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ECG has a positive trend. |
| Stochastics (14,3) | 87.52 | OVERBOUGHT | The high Stochastics value suggests ECG may be overbought. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for ECG suggests some volalility. |
| Average Directional Index/ADX (14) | 23.49 | NEUTRAL | The ADX value for ECG suggests a possible start of a new 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)
73.53
+4.53 (+6.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg6.57%
1 Week6.3%
2 Weeks6.86%
1 Month18.69%
3 Month80%
6 Month-4.21%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.63
ATR(20)%3.34%
ATR Inc36.6%
Range Today4.64
ADR(20)2.4
ADR(20)%3.26%
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 High73.59
10 Day Low65.27
20 Day High73.59
20 Day Low60.78
52 Week HighN/A
52 Week LowN/A
CS1 End69.17
CR1 StartN/A
Volume & EV
DER(3)2.92%
DER(5)4.15%
Volume701.80K
Volume Incr47.28%
Vol(5)593.90K
Vol(50)497.28K