USA - NYSE:ENR - US29272W1099 - Common Stock
Overall ENR gets a technical rating of 1 out of 10. ENR'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.
Although the technical rating is bad, ENR does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.65, a Stop Loss order could be placed below this zone.
22.97
When analyzing the support we notice one important area.
We can see 4 important resistance areas.
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 ENR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENR is down. |
| ChartMill Relative Strength | 12.6 | NEGATIVE | ENR has a low relative strength, it was outperformed by 87.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ENR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.94 | NEUTRAL | The RSI value for ENR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ENR has a positive trend. |
| Stochastics (14,3) | 40.92 | NEUTRAL | The Stochastics value for ENR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for ENR suggests some volalility. |
| Average Directional Index/ADX (14) | 27.72 | POSITIVE | The high ADX value value for ENR suggests a strong trend. |
23.84
+0.23 (+0.97%)
ChartMill assigns a technical rating of 1 / 10 to ENR.
The current trend direction for ENERGIZER HOLDINGS INC (ENR) is Bearish.
ENERGIZER HOLDINGS INC (ENR) has an RSI value of 43.937. This indicates that the stock is currently neutral.
The MACD indicator for ENERGIZER HOLDINGS INC (ENR) has a value of 0.0824087, indicating a bearish trend.
ENERGIZER HOLDINGS INC (ENR) has a support level at 23.65 and a resistance level at 24.89. Check the full technical report for our detailed analysis of ENR support and resistance levels.