ENSIGN GROUP INC/THE (ENSG) Technical Analysis
NASDAQ:ENSG • US29358P1012
Current stock price
ENSG Technical Rating and Analysis
Taking everything into account, ENSG scores 4 out of 10 in our technical rating. Although ENSG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month ENSG has a been trading in the 185.00 - 206.80 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that ENSG is one of the better performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by ENSG over the past year are nicely spread over this period.
- ENSG is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 79% of 100 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- ENSG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ENSG is lagging the market.
- Volume is considerably higher in the last couple of days.
ENSG Weekly and Daily overview Charts
ENSG Setup Rating and Analysis
ENSG has an average technical rating and it also does not offer a high quality setup 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
ENSG Support and Resistance Analysis
168.35
When analyzing the support we can see 2 important areas.
- A support zone ranging from 185.12 to 186.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 170.05 to 176.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 194.85 to 199.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 214.18 to 215.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
ENSG Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for ENSG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENSG is down. |
| ChartMill Relative Strength | 82.69 | POSITIVE | ENSG has a high relative strength, it outperformed 82.69% 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) | 35.62 | NEUTRAL | The RSI value for ENSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.17 | NEGATIVE | The MACD value suggests ENSG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.43 | OVERSOLD | The low Stochastics value suggests ENSG may be oversold. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for ENSG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.98 | NEUTRAL | The ADX value for ENSG suggests a possible start of a new trend. |
ENSG Chart- and CandleStick Pattern Analysis
ENSG Technicals: Chart, Performance Metrics, Trend & Indicators
189.16
-0.18 (-0.1%)
ENSIGN GROUP INC/THE / ENSG TA FAQ
What is the ChartMill technical rating of ENSIGN GROUP INC/THE (ENSG) stock?
ChartMill assigns a technical rating of 4 / 10 to ENSG.
What is the trend direction for ENSG stock?
The current trend direction for ENSIGN GROUP INC/THE (ENSG) is Bearish.
What is the RSI signal for ENSIGN GROUP INC/THE (ENSG) stock?
ENSIGN GROUP INC/THE (ENSG) has an RSI value of 35.6222. This indicates that the stock is currently neutral.
What is the short term momentum for ENSG stock?
The short term momentum for ENSIGN GROUP INC/THE (ENSG) is negative.
What is the support and resistance level for ENSG stock?
ENSIGN GROUP INC/THE (ENSG) has a support level at 186.6 and a resistance level at 194.85. Check the full technical report for our detailed analysis of ENSG support and resistance levels.