ENGLOBAL CORP (ENG) Technical Analysis
NASDAQ:ENG • US2933062059
Current stock price
1.08 USD
-0.2 (-15.62%)
At close:
0.646 USD
-0.43 (-40.19%)
After Hours:
ENG Technical Rating and Analysis
Taking everything into account, ENG scores 0 out of 10 in our technical rating. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, ENG is a bad performer in the overall market: 90% of all stocks are doing better.
- ENG is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, of which 95% are performing better than ENG.
- 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.
- In the last month ENG has a been trading in the 1.08 - 1.66 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: ENG has an average volume of 27344 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ENG Weekly and Daily overview Charts
ENG Setup Rating and Analysis
The technical rating of ENG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ENG Support and Resistance Analysis
1.07
1.82
We can see 6 important resistance areas.
- A resistance zone ranging from 1.30 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.36 from a trend line in the daily time frame.
- Resistance @1.41 from a horizontal line in the daily time frame.
- Resistance @1.56 from a trend line in the weekly time frame.
- Resistance @1.66 from a trend line in the daily time frame.
- Resistance @1.80 from a trend line in the weekly time frame.
ENG 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 | DOWN | NEGATIVE | The long term trend for ENG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENG is neutral. |
| ChartMill Relative Strength | 10.24 | NEGATIVE | ENG has a low relative strength, it was outperformed by 89.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.53 | NEUTRAL | The RSI value for ENG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ENG has a negative trend. |
| Stochastics (14,3) | 15.68 | OVERSOLD | The low Stochastics value suggests ENG may be oversold. |
| Average True Range in percent/ATR (20) | 12.93 | HIGH VOLATILITY | The high ATR as a percentage value for ENG suggests high volalility. |
| Average Directional Index/ADX (14) | 30.15 | POSITIVE | The high ADX value value for ENG suggests a strong trend. |
ENG 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)
ENG Technicals: Chart, Performance Metrics, Trend & Indicators
1.08
-0.2 (-15.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-15.62%
1 Week-19.4%
2 Weeks-14.96%
1 Month-20%
3 Month-12.9%
6 Month-20%
12 Month-43.16%
2 Year-82.61%
3 Year-89.77%
5 Year-86.22%
10 Year-92.89%
15 Year-95.69%
Volatility
ATR(14)0.12
ATR(20)%12.93%
ATR Inc16.38%
Range Today0.26
ADR(20)0.14
ADR(20)%12.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.24
3 months CRSN/A
6 months CRSN/A
Mansfield-3.77
10 Day High1.52
10 Day Low1.08
20 Day High1.66
20 Day Low1.08
52 Week High2.3
52 Week Low1.01
CS1 EndN/A
CR1 Start1.3
Volume & EV
DER(3)-12.58%
DER(5)-8.11%
Volume373.90K
Volume Incr275.01%
Vol(5)94.26K
Vol(50)27.34K
ENGLOBAL CORP / ENG TA FAQ
What is the technical rating for ENG stock?
ChartMill assigns a technical rating of 0 / 10 to ENG.
Can you provide the trend direction for ENGLOBAL CORP?
The current trend direction for ENGLOBAL CORP (ENG) is Bearish.
What is the RSI signal for ENGLOBAL CORP (ENG) stock?
ENGLOBAL CORP (ENG) has an RSI value of 34.5285. This indicates that the stock is currently neutral.
What is the support and resistance level for ENG stock?
ENGLOBAL CORP (ENG) has a resistance level at 1.3. Check the full technical report for our detailed analysis of ENG support and resistance levels.