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 1 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.
85% of all other stocks performed better in the past year than EG.
EG is one of the lesser performing stocks in the Insurance industry. 81% of 145 stocks in the same industry do better.
EG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EG has a been trading in a tight range between 328.76 and 345.00.
EG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 332.68, a Stop Loss order could be placed below this zone.
More info and screens
323.17
418.39
We found 1 important support area.
- A support zone ranging from 326.43 to 332.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 337.02 to 342.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 347.75 to 348.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @359.29 from a horizontal line in the daily time frame.
- A resistance zone ranging from 365.15 to 367.52. 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 | 15.37 | NEGATIVE | EG has a low relative strength, it was outperformed by 84.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EG is below the rising 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) | 45.3 | NEUTRAL | The RSI value for EG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests EG has a negative trend. |
| Stochastics (14,3) | 17.82 | OVERSOLD | The low Stochastics value suggests EG may be oversold. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for EG suggests low volalility. |
| Average Directional Index/ADX (14) | 16.45 | 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)
334
+2.09 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.63%
1 Week-1.89%
2 Weeks-0.01%
1 Month0.29%
3 Month-4.55%
6 Month-7.78%
12 Month-13.32%
2 Year-7.35%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.54
ATR(20)%1.89%
ATR Inc-19.77%
Range Today4.8
ADR(20)6.18
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.37
Mansfield-1.49
10 Day High345
10 Day Low328.76
20 Day High345
20 Day Low328.76
52 Week High407.3
52 Week Low320
CS1 End332.68
CR1 Start337.02
Volume & EV
DER(3)-0.46%
DER(5)-0.7%
Volume211.12K
Volume Incr-31.07%
Vol(5)292.72K
Vol(50)413.90K