NASDAQ:ENSG - Nasdaq - US29358P1012 - Common Stock - Currency: USD
Taking everything into account, ENSG scores 6 out of 10 in our technical rating. In the past year, ENSG was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although the technical rating is only medium, ENSG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 130.58, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
124.14
We found 1 important support area.
We can see 4 important resistance areas.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
133.58 | 122.85 | 10.73 (8.03%) | 12.45% |
An entry @133.58. This is a Buy Stop order right above the resistance zone. | An exit @122.85. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 10.73 points, which is 8.03%. | For a 1.00% total portfolio risk, you can invest 12.45% of your capital in this trade. |
133.56
+1.78 (+1.35%)