ENCORE CAPITAL GROUP INC (ECPG) Technical Analysis
NASDAQ:ECPG • US2925541029
Current stock price
ECPG Technical Rating and Analysis
Overall ECPG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ECPG 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, ECPG did better than 94% of all other stocks. On top of that, ECPG also shows a nice and consistent pattern of rising prices.
- ECPG is part of the Consumer Finance industry. There are 54 other stocks in this industry. ECPG outperforms 98% of them.
- ECPG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ECPG is performing more or less in line with the market.
- In the last month ECPG has a been trading in the 56.13 - 74.58 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Volume is considerably higher in the last couple of days.
ECPG Weekly and Daily overview Charts
ECPG Setup Rating and Analysis
Besides having an excellent technical rating, ECPG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 67.68, a Stop Loss order could be placed below this zone.
More info and screens
ECPG Support and Resistance Analysis
47.93
When analyzing the support we can see 4 important areas.
- A support zone ranging from 66.46 to 67.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 60.45 to 60.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @55.13 from a horizontal line in the daily time frame.
- Support @48.41 from a trend line in the daily time frame.
ECPG 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 ECPG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECPG is up. |
| ChartMill Relative Strength | 94.88 | POSITIVE | ECPG has a high relative strength, it outperformed 94.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECPG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECPG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECPG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.02 | NEUTRAL | The RSI value for ECPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests ECPG has a negative trend. |
| Stochastics (14,3) | 38.87 | NEUTRAL | The Stochastics value for ECPG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.67 | MEDIUM VOLATILITY | The ATR as a percentage value for ECPG suggests some volalility. |
| Average Directional Index/ADX (14) | 30.72 | POSITIVE | The high ADX value value for ECPG suggests a strong trend. |
ECPG Chart- and CandleStick Pattern Analysis
ECPG Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 70.30 | 66.45 | 3.85 (5.48%) | 18.26% |
| An entry @70.30. This is a Buy Stop order right above the 10 day high. | An exit @66.45. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.85 points, which is 5.48%. | When investing 18.26% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ECPG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ECPG Technicals: Chart, Performance Metrics, Trend & Indicators
68.02
-1.12 (-1.62%)
ENCORE CAPITAL GROUP INC / ECPG TA FAQ
Can you provide the ChartMill technical rating for ENCORE CAPITAL GROUP INC?
ChartMill assigns a technical rating of 10 / 10 to ECPG.
Can you provide the trend direction for ENCORE CAPITAL GROUP INC?
The current trend direction for ENCORE CAPITAL GROUP INC (ECPG) is Bullish.
What is the RSI signal for ENCORE CAPITAL GROUP INC (ECPG) stock?
ENCORE CAPITAL GROUP INC (ECPG) has an RSI value of 60.0184. This indicates that the stock is currently neutral.
What is the short term momentum for ECPG stock?
The short term momentum for ENCORE CAPITAL GROUP INC (ECPG) is positive.
What are the support and resistance levels for ENCORE CAPITAL GROUP INC (ECPG) stock?
ENCORE CAPITAL GROUP INC (ECPG) has a support level at 67.68. Check the full technical report for our detailed analysis of ECPG support and resistance levels.