ENERGYS GROUP LTD (ENGS) Stock Technical Analysis
NASDAQ:ENGS • KYG3040B1041
We assign a technical rating of 1 out of 10 to ENGS. ENGS 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ENGS is a bad performer in the overall market: 100% of all stocks are doing better.
- ENGS is part of the Construction & Engineering industry. There are 55 other stocks in this industry, of which 81% are performing better than ENGS.
- In the last month ENGS has a been trading in the 0.71 - 1.19 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.
ENGS 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 0.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ENGS 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.
More info and screens
0.78
3 important support areas can be observed.
- A support zone ranging from 0.90 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.82 from a trend line in the daily time frame.
- Support @0.79 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.97 to 0.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ENGS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENGS is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ENGS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ENGS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENGS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENGS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.1 | NEUTRAL | The RSI value for ENGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ENGS has a positive trend. |
| Stochastics (14,3) | 66.07 | NEUTRAL | The Stochastics value for ENGS is a neutral value. |
| Average True Range in percent/ATR (20) | 12.05 | HIGH VOLATILITY | The high ATR as a percentage value for ENGS suggests high volalility. |
| Average Directional Index/ADX (14) | 10.53 | NEGATIVE | The low ADX value for ENGS suggests a weak or negative trend. |
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ENERGYS GROUP LTD / ENGS FAQ
What is the technical rating for ENGS stock?
ChartMill assigns a technical rating of 1 / 10 to ENGS.
What is the trend direction for ENGS stock?
The current trend direction for ENERGYS GROUP LTD (ENGS) is Bearish.
What is the RSI signal for ENERGYS GROUP LTD (ENGS) stock?
ENERGYS GROUP LTD (ENGS) has an RSI value of 48.1002. This indicates that the stock is currently neutral.
What is the short term momentum for ENGS stock?
The short term momentum for ENERGYS GROUP LTD (ENGS) is negative.
What is the support and resistance level for ENGS stock?
ENERGYS GROUP LTD (ENGS) has a support level at 0.91 and a resistance level at 0.97. Check the full technical report for our detailed analysis of ENGS support and resistance levels.