EVEREST GROUP LTD (EG) Technical Analysis
NYSE:EG • BMG3223R1088
Current stock price
345.61 USD
+4.37 (+1.28%)
At close:
345.61 USD
0 (0%)
After Hours:
EG Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to EG. EG has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month EG has a been trading in the 313.26 - 349.62 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, EG turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
- EG is an average performer in the Insurance industry, it outperforms 61% of 148 stocks in the same industry.
- EG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EG is lagging the market.
EG Weekly and Daily overview Charts
EG Setup Rating and Analysis
EG has an average technical rating and the quality of the presented setup is also not ideal 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
EG Support and Resistance Analysis
301.85
360.43
We found 4 important support areas.
- Support @341.42 from a horizontal line in the daily time frame.
- A support zone ranging from 327.08 to 332.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 318.81 to 318.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 304.90 to 309.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @356.86 from a horizontal line in the weekly time frame.
EG 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 | NEUTRAL | NEUTRAL | The long term trend for EG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EG is up. |
| ChartMill Relative Strength | 43.63 | NEUTRAL | EG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.04 | NEUTRAL | The RSI value for EG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.36 | POSITIVE | The MACD value suggests EG has a positive trend. |
| Stochastics (14,3) | 84.6 | OVERBOUGHT | The high Stochastics value suggests EG may be overbought. |
| 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) | 22.12 | NEUTRAL | The ADX value for EG suggests a possible start of a new trend. |
EG Chart- and CandleStick Pattern Analysis
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)
EG Technicals: Chart, Performance Metrics, Trend & Indicators
345.61
+4.37 (+1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.28%
1 Week3.71%
2 Weeks5.74%
1 Month7.17%
3 Month8.41%
6 Month-1.01%
12 Month-1.23%
2 Year-5.68%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.78
ATR(20)%2.12%
ATR Inc62.07%
Range Today9.44
ADR(20)7.14
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
CRS43.63
3 months CRS83.09
6 months CRS41.03
Mansfield-0.46
10 Day High349.62
10 Day Low320.71
20 Day High349.62
20 Day Low313.26
52 Week High368.29
52 Week Low302.44
CS1 End341.42
CR1 Start356.86
Volume & EV
DER(3)1.16%
DER(5)-0.1%
Volume384.10K
Volume Incr13.95%
Vol(5)370.68K
Vol(50)379.31K
EVEREST GROUP LTD / EG TA FAQ
What is the ChartMill technical rating of EVEREST GROUP LTD (EG) stock?
ChartMill assigns a technical rating of 6 / 10 to EG.
Can you provide the trend direction for EVEREST GROUP LTD?
The current trend direction for EVEREST GROUP LTD (EG) is Bearish.
Can you provide the RSI signal for EVEREST GROUP LTD?
EVEREST GROUP LTD (EG) has an RSI value of 67.0404. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EVEREST GROUP LTD?
The short term momentum for EVEREST GROUP LTD (EG) is positive.