ENSIGN GROUP INC/THE (ENSG) Stock Technical Analysis
USA - NASDAQ:ENSG - US29358P1012 - Common Stock
Taking everything into account, ENSG scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ENSG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ENSG has an excellent technical rating, the quality of the presented setup is not ideal 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.
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147.86
4 important support areas can be observed.
- A support zone ranging from 178.43 to 181.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 164.28 to 164.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @153.83 from a trend line in the daily time frame.
- Support @149.35 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for ENSG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENSG is up. |
| ChartMill Relative Strength | 82.83 | POSITIVE | ENSG has a high relative strength, it outperformed 82.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENSG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENSG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENSG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.74 | OVERBOUGHT | The high RSI value suggests ENSG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests ENSG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.99 | OVERBOUGHT | The high Stochastics value suggests ENSG may be overbought. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for ENSG suggests low volalility. |
| Average Directional Index/ADX (14) | 22.47 | NEUTRAL | The ADX value for ENSG suggests a possible start of a new trend. |
186.05
+0.68 (+0.37%)
ENSIGN GROUP INC/THE / ENSG FAQ
What is the ChartMill technical rating of ENSIGN GROUP INC/THE (ENSG) stock?
ChartMill assigns a technical rating of 9 / 10 to ENSG.
What is the current trend direction of ENSIGN GROUP INC/THE (ENSG) stock?
The current trend direction for ENSIGN GROUP INC/THE (ENSG) is Bullish.
What is the RSI signal for ENSG stock?
ENSIGN GROUP INC/THE (ENSG) has an RSI value of 73.7378. This indicates that the stock is currently overbought.
What is the short term momentum for ENSIGN GROUP INC/THE (ENSG) stock?
The short term momentum for ENSIGN GROUP INC/THE (ENSG) is positive.
What are the support and resistance levels for ENSIGN GROUP INC/THE (ENSG) stock?
ENSIGN GROUP INC/THE (ENSG) has a support level at 181.92. Check the full technical report for our detailed analysis of ENSG support and resistance levels.