ENERJEX RESOURCES INC (ENRJ) Technical Analysis
NYSEARCA:ENRJ • US2927584068
Current stock price
0.205
+0.03 (+20.59%)
At close:
0.23
+0.03 (+12.2%)
After Hours:
ENRJ Technical Rating and Analysis
Overall ENRJ gets a technical rating of 3 out of 10. ENRJ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, ENRJ is a bad performer in the overall market: 89% of all stocks are doing better.
- ENRJ 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 ENRJ is lagging the market.
- In the last month ENRJ has a been trading in the 0.15 - 0.50 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.
- ENRJ has an average volume of 3714310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ENRJ Weekly and Daily overview Charts
ENRJ Setup Rating and Analysis
The technical rating of ENRJ is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ENRJ Support and Resistance Analysis
0.20
0.36
When analyzing the support we notice one important area.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.26 from a horizontal line in the daily time frame.
- Resistance @0.30 from a trend line in the weekly time frame.
- Resistance @0.36 from a trend line in the daily time frame.
ENRJ 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 | NEUTRAL | NEUTRAL | The long term trend for ENRJ is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENRJ is neutral. |
| ChartMill Relative Strength | 11.11 | NEGATIVE | ENRJ has a low relative strength, it was outperformed by 88.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENRJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ENRJ is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENRJ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50 | NEUTRAL | The RSI value for ENRJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ENRJ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.36 | OVERSOLD | The low Stochastics value suggests ENRJ may be oversold. |
| Average True Range in percent/ATR (20) | 29.24 | HIGH VOLATILITY | The high ATR as a percentage value for ENRJ suggests high volalility. |
ENRJ 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)
ENRJ Technicals: Chart, Performance Metrics, Trend & Indicators
0.205
+0.03 (+20.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg20.59%
1 Week-29.31%
2 Weeks-10.87%
1 Month26.54%
3 Month-6.82%
6 Month-31.67%
12 Month-43.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%29.24%
ATR Inc5.42%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.11
3 months CRSN/A
6 months CRSN/A
Mansfield-3.03
10 Day High0.5
10 Day Low0.16
20 Day High0.5
20 Day Low0.15
52 Week High1.15
52 Week Low0.11
CS1 End0.2
CR1 Start0.23
Volume & EV
DER(3)0.28%
DER(5)-3.05%
Volume11.40M
Volume Incr459.83%
Vol(5)18.61M
Vol(50)3.71M
ENERJEX RESOURCES INC / ENRJ TA FAQ
What is the ChartMill technical rating of ENERJEX RESOURCES INC (ENRJ) stock?
ChartMill assigns a technical rating of 3 / 10 to ENRJ.
What is the current trend direction of ENERJEX RESOURCES INC (ENRJ) stock?
The current trend direction for ENERJEX RESOURCES INC (ENRJ) is Bearish.
What is the RSI signal for ENERJEX RESOURCES INC (ENRJ) stock?
ENERJEX RESOURCES INC (ENRJ) has an RSI value of 50.0034. This indicates that the stock is currently neutral.
What is the MACD signal for ENRJ stock?
The MACD indicator for ENERJEX RESOURCES INC (ENRJ) has a value of 0.000540796, indicating a bearish trend.