ENCORE CAPITAL GROUP INC (ECPG) Stock Technical Analysis
USA - NASDAQ:ECPG - US2925541029 - Common Stock
45.31 USD
-0.15 (-0.33%)
45.31 USD
0 (0%)
Overall ECPG gets a technical rating of 8 out of 10. Although ECPG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ECPG is part of the Consumer Finance industry. There are 55 other stocks in this industry, of which 62% are performing better than ECPG.
The long and short term trends are both positive. This is looking good!
ECPG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ECPG is lagging the market slightly.
In the last month ECPG has a been trading in the 40.96 - 46.67 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, ECPG outperforms 53% of them, which is more or less in line with the market.
Besides having an excellent technical rating, ECPG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 45.32. Right above this resistance zone may be a good entry point.
More info and screens
37.45
51.77
When analyzing the support we can see 4 important areas.
- A support zone ranging from 43.62 to 44.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.00 to 41.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @39.30 from a trend line in the weekly time frame.
- Support @37.83 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 45.32 to 45.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @48.58 from a trend line in the weekly time frame.
- A resistance zone ranging from 50.58 to 51.26. This zone is formed by a combination of multiple trend lines 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 ECPG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECPG is up. |
| ChartMill Relative Strength | 53.95 | NEUTRAL | ECPG is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of ECPG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.06 | NEUTRAL | The RSI value for ECPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ECPG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.94 | NEUTRAL | The Stochastics value for ECPG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for ECPG suggests some volalility. |
| Average Directional Index/ADX (14) | 42.7 | POSITIVE | The high ADX value value for ECPG 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)
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 |
|---|---|---|---|
| 45.99 | 43.61 | 2.38 (5.18%) | 19.32% |
| An entry @45.99. This is a Buy Stop order right above the resistance zone. | An exit @43.61. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.38 points, which is 5.18%. | For a 1.00% total portfolio risk, you can invest 19.32% of your capital in this trade. |
- 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.
45.31
-0.15 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-0.33%
1 Week1.68%
2 Weeks3.4%
1 Month7.42%
3 Month14.91%
6 Month32.25%
12 Month-3.76%
2 Year-5.13%
3 Year-0.37%
5 Year17.41%
10 Year22.46%
15 Year151.44%
Volatility
ATR(14)1.36
ATR(20)%2.7%
ATR Inc-7.02%
Range Today1.53
ADR(20)1.19
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.95
Mansfield-0.33
10 Day High46.67
10 Day Low43.02
20 Day High46.67
20 Day Low40.96
52 Week High51.77
52 Week Low26.45
CS1 End44.76
CR1 Start45.32
Volume & EV
DER(3)-2.07%
DER(5)-1.63%
Volume312.37K
Volume Incr9.12%
Vol(5)344.53K
Vol(50)306.04K