ENSIGN GROUP INC/THE (ENSG) Stock Technical Analysis
USA - NASDAQ:ENSG - US29358P1012 - Common Stock
172.77 USD
+1.22 (+0.71%)
172.77 USD
0 (0%)
We assign a technical rating of 9 out of 10 to ENSG. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ENSG did better than 79% of all other stocks.
ENSG is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry. ENSG outperforms 72% of them.
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.
In the last month ENSG has a been trading in the 162.91 - 174.70 range, which is quite wide. It is currently trading near the high of this range.
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 resistance zone just above the current price starting at 174.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 169.20, a Stop Loss order could be placed below this zone.
More info and screens
129.57
175.87
5 important support areas can be observed.
- A support zone ranging from 168.80 to 169.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 163.69 to 164.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @149.14 from a trend line in the daily time frame.
- Support @146.66 from a trend line in the weekly time frame.
- Support @130.88 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 174.00 to 174.13. 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 | 79.36 | POSITIVE | ENSG has a high relative strength, it outperformed 79.36% 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) | 60.98 | NEUTRAL | The RSI value for ENSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ENSG has a positive trend. |
| Stochastics (14,3) | 91.08 | OVERBOUGHT | The high Stochastics value suggests ENSG may be overbought. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for ENSG suggests some volalility. |
| Average Directional Index/ADX (14) | 24.85 | NEUTRAL | The ADX value for ENSG suggests a possible start of a new 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 |
|---|---|---|---|
| 174.14 | 168.79 | 5.35 (3.07%) | 25.00% |
| An entry @174.14. This is a Buy Stop order right above the resistance zone. | An exit @168.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.35 points, which is 3.07%. | For a 0.77% total portfolio risk, you can invest 25.00% 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.
172.77
+1.22 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.71%
1 Week3.6%
2 Weeks5.13%
1 Month0.14%
3 Month15.04%
6 Month33.59%
12 Month19.76%
2 Year85.91%
3 Year117.32%
5 Year202.79%
10 Year710.56%
15 Year1825.01%
Volatility
ATR(14)3.25
ATR(20)%2.02%
ATR Inc-46.41%
Range Today2.13
ADR(20)3.44
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.36
Mansfield0.73
10 Day High173.12
10 Day Low162.91
20 Day High174.7
20 Day Low162.91
52 Week High174.98
52 Week Low118.73
CS1 End169.2
CR1 Start174
Volume & EV
DER(3)0.39%
DER(5)1.37%
Volume307.25K
Volume Incr-17.16%
Vol(5)304.30K
Vol(50)421.92K