ENGLOBAL CORP (ENG)

US2933062059 - Common Stock

1.6712  -0.03 (-1.69%)

Technical Rating and Analysis

1

Overall ENG gets a technical rating of 1 out of 10. ENG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
84% of all other stocks performed better in the past year than ENG.
ENG is one of the lesser performing stocks in the Energy Equipment & Services industry. 82% of 65 stocks in the same industry do better.
ENG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ENG is lagging the market.
Warning: ENG has an average volume of 12184 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ENG has a been trading in the 1.56 - 1.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ENG Weekly chart
ENG Daily chart
Setup Rating and Analysis

7

ENG 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 very little resistance above the current price. We notice that large players showed an interest for ENG in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

1.57

2.31

We found 3 important support areas.

  • Support @1.65 from a horizontal line in the weekly time frame.
  • Support @1.62 from a horizontal line in the daily time frame.
  • Support @1.59 from a horizontal line in the daily time frame.

We can see 5 important resistance areas.

  • Resistance @1.80 from a trend line in the weekly time frame.
  • A resistance zone ranging from 1.83 to 1.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1.99 from a trend line in the daily time frame.
  • Resistance @2.06 from a trend line in the daily time frame.
  • Resistance @2.29 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.48
Mansfield-3.63
10 Day High1.95
10 Day Low1.61
20 Day High1.95
20 Day Low1.56
52 Week High4.56
52 Week Low1.01
Performance
1 Week-0.52%
2 Weeks1.03%
1 Month-1.22%
3 Month19.37%
6 Month-29.19%
12 Month-52.52%
2 Year-81.83%
3 Year-91.84%
5 Year-73.89%
10 Year-93.87%
15 Year-96.18%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)47.66
LBB1.59
UBB1.76
ENG Daily chart

ENGLOBAL CORP

NASDAQ:ENG (5/3/2024, 7:00:01 PM)

1.6712

-0.03 (-1.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.69%
1 Week-0.52%
2 Weeks1.03%
1 Month-1.22%
3 Month19.37%
6 Month-29.19%
12 Month-52.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%7.96%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.95
10 Day Low1.61
20 Day High1.95
20 Day Low1.56
52 Week High4.56
52 Week Low1.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.00K
Volume Incr-53.36%
Vol(5)3.30K
Vol(50)12.18K