Overall ENSG gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, ENSG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 175.62, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
131.82
We found 3 important support areas.
- A support zone ranging from 173.57 to 175.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @164.79 from a trend line in the daily time frame.
- Support @133.15 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 177.14 to 180.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 186.06 to 186.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @189.94 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for ENSG is neutral. |
| ChartMill Relative Strength | 80.84 | POSITIVE | ENSG has a high relative strength, it outperformed 80.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENSG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENSG is below a declining 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) | 45.66 | NEUTRAL | The RSI value for ENSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ENSG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.92 | NEUTRAL | The Stochastics value for ENSG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for ENSG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.14 | NEGATIVE | The low ADX value for ENSG suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 180.70 | 173.56 | 7.14 (3.95%) | 25.00% |
| An entry @180.70. This is a Buy Stop order right above the resistance zone. | An exit @173.56. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.14 points, which is 3.95%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%. |
- 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.
176.66
-1.94 (-1.09%)
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 7 / 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 45.6613. This indicates that the stock is currently neutral.
What is the short term momentum for ENSIGN GROUP INC/THE (ENSG) stock?
The short term momentum for ENSIGN GROUP INC/THE (ENSG) is neutral.
What are the support and resistance levels for ENSIGN GROUP INC/THE (ENSG) stock?
ENSIGN GROUP INC/THE (ENSG) has a support level at 175.62 and a resistance level at 177.14. Check the full technical report for our detailed analysis of ENSG support and resistance levels.