ENTERPRISE FINANCIAL SERVICE (EFSC) Stock Technical Analysis
NASDAQ:EFSC • US2937121059
Taking everything into account, EFSC scores 8 out of 10 in our technical rating. Although EFSC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- EFSC is one of the lesser performing stocks in the Banks industry. 68% of 381 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- EFSC 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 EFSC is lagging the market slightly.
- In the last month EFSC has a been trading in the 54.73 - 60.94 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, EFSC turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
Besides having an excellent technical rating, EFSC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 61.25. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
51.09
When analyzing the support we can see 4 important areas.
- Support @60.74 from a horizontal line in the weekly time frame.
- A support zone ranging from 56.01 to 58.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.00 to 54.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 51.61 to 53.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 61.25 to 61.96. 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 EFSC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EFSC is up. |
| ChartMill Relative Strength | 59.52 | NEUTRAL | EFSC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EFSC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EFSC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EFSC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.66 | NEUTRAL | The RSI value for EFSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests EFSC has a positive trend. |
| Stochastics (14,3) | 90.59 | OVERBOUGHT | The high Stochastics value suggests EFSC may be overbought. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for EFSC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.49 | NEGATIVE | The low ADX value for EFSC suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 61.97 | 60.73 | 1.24 (2.00%) | 25.00% |
| An entry @61.97. This is a Buy Stop order right above the resistance zone. | An exit @60.73. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.24 points, which is 2.00%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.50%. |
- The distance between exit and entry is rather small compared to the average daily movement of EFSC. 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.
60.79
+0.51 (+0.85%)
ENTERPRISE FINANCIAL SERVICE / EFSC FAQ
What is the technical rating for EFSC stock?
ChartMill assigns a technical rating of 8 / 10 to EFSC.
What is the trend direction for EFSC stock?
The current trend direction for ENTERPRISE FINANCIAL SERVICE (EFSC) is Bullish.
What is the RSI signal for ENTERPRISE FINANCIAL SERVICE (EFSC) stock?
ENTERPRISE FINANCIAL SERVICE (EFSC) has an RSI value of 66.6603. This indicates that the stock is currently neutral.
What is the short term momentum for EFSC stock?
The short term momentum for ENTERPRISE FINANCIAL SERVICE (EFSC) is positive.
What is the buy/sell signal for ENTERPRISE FINANCIAL SERVICE (EFSC) stock?
The buy/sell signal for ENTERPRISE FINANCIAL SERVICE (EFSC) is buy as both the short term and long term trends are positive.