ENCORE CAPITAL GROUP INC (ECPG) Stock Technical Analysis
NASDAQ:ECPG - Nasdaq - US2925541029 - Common Stock - Currency: USD
Taking everything into account, ECPG scores 4 out of 10 in our technical rating. ECPG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
ECPG is part of the Consumer Finance industry. There are 52 other stocks in this industry, of which 64% are performing better than ECPG.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, ECPG outperforms 57% of them, which is more or less in line with the market.
ECPG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ECPG is lagging the market.
In the last month ECPG has a been trading in the 37.77 - 41.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ECPG has an average technical rating and it also does not offer a high quality setup 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
36.87
51.09
We found 2 important support areas.
- Support @37.89 from a horizontal line in the weekly time frame.
- Support @37.24 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 40.21 to 41.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @49.12 from a trend line in the weekly time frame.
- A resistance zone ranging from 50.01 to 50.58. 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 | NEUTRAL | NEUTRAL | The long term trend for ECPG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECPG is neutral. |
| ChartMill Relative Strength | 57.33 | NEUTRAL | ECPG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECPG is below a declining 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 | NEGATIVE | The current price of ECPG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.17 | NEUTRAL | The RSI value for ECPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ECPG has a negative trend. |
| Stochastics (14,3) | 70.79 | NEUTRAL | The Stochastics value for ECPG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for ECPG suggests some volalility. |
| Average Directional Index/ADX (14) | 13.37 | NEGATIVE | The low ADX value for ECPG suggests a weak or negative 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)
39.04
-2.09 (-5.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-5.08%
1 Week-5.17%
2 Weeks-0.48%
1 Month-2.03%
3 Month33.15%
6 Month-13.91%
12 Month-13.03%
2 Year-27.03%
3 Year-46.1%
5 Year6.87%
10 Year-9.23%
15 Year77.45%
Volatility
ATR(14)1.16
ATR(20)%2.94%
ATR Inc45.04%
Range Today2.07
ADR(20)1.1
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.33
Mansfield-1.73
10 Day High41.56
10 Day Low38.37
20 Day High41.56
20 Day Low37.77
52 Week High51.77
52 Week Low26.45
CS1 End37.89
CR1 Start40.21
Volume & EV
DER(3)-2.61%
DER(5)-2.39%
Volume356.80K
Volume Incr-10.8%
Vol(5)233.86K
Vol(50)282.16K