ENERPAC TOOL GROUP CORP (EPAC) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:EPAC • US2927651040
Overall EPAC gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EPAC is only an average performer.
- EPAC is part of the Machinery industry. There are 131 other stocks in this industry, of which 65% are performing better than EPAC.
- The long and short term trends are both positive. This is looking good!
- In the last month EPAC has a been trading in the 39.08 - 43.42 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, EPAC outperforms 46% of them, which is more or less in line with the market.
- EPAC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EPAC is lagging the market.
Besides having an excellent technical rating, EPAC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 43.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.74, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
36.80
3 important support areas can be observed.
- A support zone ranging from 40.74 to 41.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.39 to 39.88. 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 37.17 to 37.51. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 43.03 to 43.45. 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 EPAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EPAC is up. |
| ChartMill Relative Strength | 46.01 | NEUTRAL | EPAC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EPAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EPAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EPAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.78 | NEUTRAL | The RSI value for EPAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests EPAC has a positive trend. |
| Stochastics (14,3) | 86.1 | OVERBOUGHT | The high Stochastics value suggests EPAC may be overbought. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for EPAC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.66 | NEGATIVE | The low ADX value for EPAC 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 |
|---|---|---|---|
| 43.46 | 39.20 | 4.26 (9.80%) | 10.20% |
| An entry @43.46. This is a Buy Stop order right above the resistance zone. | An exit @39.20. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.26 points, which is 9.80%. | When investing 10.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
43.02
+0.75 (+1.77%)
ENERPAC TOOL GROUP CORP / EPAC FAQ
Can you provide the ChartMill technical rating for ENERPAC TOOL GROUP CORP?
ChartMill assigns a technical rating of 8 / 10 to EPAC.
What is the trend direction for EPAC stock?
The current trend direction for ENERPAC TOOL GROUP CORP (EPAC) is Bullish.
What is the RSI signal for EPAC stock?
ENERPAC TOOL GROUP CORP (EPAC) has an RSI value of 63.7831. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ENERPAC TOOL GROUP CORP?
The buy/sell signal for ENERPAC TOOL GROUP CORP (EPAC) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ENERPAC TOOL GROUP CORP?
ENERPAC TOOL GROUP CORP (EPAC) has a support level at 41.74 and a resistance level at 43.03. Check the full technical report for our detailed analysis of EPAC support and resistance levels.