ENSIGN GROUP INC/THE (ENSG) Stock Technical Analysis
NASDAQ:ENSG - Nasdaq - US29358P1012 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to ENSG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ENSG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
ENSG is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 75% of 102 stocks in the same industry.
ENSG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ENSG is performing more or less in line with the market.
In the last month ENSG has a been trading in the 129.91 - 151.49 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ENSG did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ENSG has an excellent technical rating, but the quality of the setup is only medium 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
124.15
155.88
We found 3 important support areas.
- A support zone ranging from 144.43 to 144.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @128.46 from a trend line in the weekly time frame.
- Support @125.40 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 153.67 to 154.34. 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 | 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 | 86.65 | POSITIVE | ENSG has a high relative strength, it outperformed 86.65% 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) | 70.16 | OVERBOUGHT | The high RSI value suggests ENSG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ENSG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.2 | OVERBOUGHT | The high Stochastics value suggests ENSG may be overbought. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for ENSG suggests some volalility. |
| Average Directional Index/ADX (14) | 32.51 | POSITIVE | The high ADX value value for ENSG suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 154.35 | 144.42 | 9.93 (6.43%) | 15.54% |
| An entry @154.35. This is a Buy Stop order right above the resistance zone. | An exit @144.42. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 9.93 points, which is 6.43%. | For a 1.00% total portfolio risk, you can invest 15.54% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
150.63
+2.58 (+1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.74%
1 Week2.15%
2 Weeks1.98%
1 Month14.3%
3 Month15.58%
6 Month4.44%
12 Month26.55%
2 Year57.79%
3 Year105.02%
5 Year259.93%
10 Year490.01%
15 Year1723.61%
Volatility
ATR(14)3.1
ATR(20)%2.2%
ATR Inc4.26%
Range Today4.12
ADR(20)3.21
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.65
Mansfield0.45
10 Day High151.49
10 Day Low142.3
20 Day High151.49
20 Day Low129.91
52 Week High158.45
52 Week Low117.41
CS1 End144.54
CR1 Start153.67
Volume & EV
DER(3)-3.02%
DER(5)-2.32%
Volume494.50K
Volume Incr-5.12%
Vol(5)417.62K
Vol(50)442.26K