EVEREST GROUP LTD (EG) Stock Technical Analysis
NYSE:EG - New York Stock Exchange, Inc. - BMG3223R1088 - Common Stock - Currency: USD
Taking everything into account, EG scores 0 out of 10 in our technical rating. EG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, EG is a bad performer in the overall market: 81% of all stocks are doing better.
EG is one of the lesser performing stocks in the Insurance industry. 73% of 143 stocks in the same industry do better.
EG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month EG has a been trading in the 325.00 - 350.87 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
EG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 328.14, a Stop Loss order could be placed below this zone.
More info and screens
322.77
418.39
When analyzing the support we notice one important area.
- A support zone ranging from 326.03 to 328.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 331.08 to 348.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 365.15 to 371.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @397.50 from a horizontal line in the weekly time frame.
- Resistance @414.25 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for EG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EG is down. |
| ChartMill Relative Strength | 19.54 | NEGATIVE | EG has a low relative strength, it was outperformed by 80.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.01 | NEUTRAL | The RSI value for EG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests EG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.32 | OVERSOLD | The low Stochastics value suggests EG may be oversold. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for EG suggests some volalility. |
| Average Directional Index/ADX (14) | 12.57 | NEGATIVE | The low ADX value for EG 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)
328.15
-0.34 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.1%
1 Week-2.28%
2 Weeks-1.13%
1 Month-3.61%
3 Month-5.71%
6 Month-2.92%
12 Month-9.97%
2 Year-9.02%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.52
ATR(20)%2.12%
ATR Inc-27.91%
Range Today4.49
ADR(20)6.79
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.54
Mansfield-1.56
10 Day High350.87
10 Day Low325
20 Day High350.87
20 Day Low325
52 Week High407.3
52 Week Low320
CS1 End328.14
CR1 Start331.08
Volume & EV
DER(3)-0.7%
DER(5)0.05%
Volume262.90K
Volume Incr14.91%
Vol(5)367.02K
Vol(50)378.20K