ENSIGN GROUP INC/THE (ENSG) Stock Technical Analysis
NASDAQ:ENSG - US29358P1012 - Common Stock
169.57 USD
-3.72 (-2.15%)
169.57 USD
0 (0%)
We assign a technical rating of 7 out of 10 to ENSG. Although ENSG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ENSG is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 72% of 101 stocks in the same industry.
ENSG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, ENSG turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
In the last month ENSG has a been trading in the 161.00 - 174.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
129.02
175.74
When analyzing the support we can see 3 important areas.
- A support zone ranging from 169.56 to 169.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 143.97 to 145.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @130.32 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 169.75 to 174.00. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for ENSG is neutral. |
| ChartMill Relative Strength | 67.75 | NEUTRAL | ENSG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ENSG is below 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) | 58.14 | NEUTRAL | The RSI value for ENSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests ENSG has a negative trend. |
| Stochastics (14,3) | 73.98 | NEUTRAL | The Stochastics value for ENSG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for ENSG suggests low volalility. |
| Average Directional Index/ADX (14) | 49.75 | 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)
169.57
-3.72 (-2.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-2.15%
1 Week-1.72%
2 Weeks-0.23%
1 Month4.87%
3 Month12.12%
6 Month35.22%
12 Month11.03%
2 Year82.47%
3 Year113.3%
5 Year197.18%
10 Year695.54%
15 Year1789.36%
Volatility
ATR(14)3.22
ATR(20)%1.83%
ATR Inc113.45%
Range Today8.64
ADR(20)3.04
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.75
Mansfield0.78
10 Day High174.98
10 Day Low165.05
20 Day High174.98
20 Day Low161
52 Week High174.98
52 Week Low118.73
CS1 End169.56
CR1 Start169.75
Volume & EV
DER(3)-0.88%
DER(5)-0.93%
Volume437.00K
Volume Incr-21.54%
Vol(5)299.59K
Vol(50)401.58K