ENERPAC TOOL GROUP CORP (EPAC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EPAC - US2927651040 - Common Stock
Taking everything into account, EPAC scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. EPAC was also a bad performer in the overall market in the last year.
Although the technical rating is bad, EPAC does present a nice setup opportunity. 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 40.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 40.20, a Stop Loss order could be placed below this zone.
More info and screens
36.80
We found 2 important support areas.
- A support zone ranging from 39.07 to 40.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
When analyzing the resistance we notice 3 important areas.
- Resistance @40.46 from a trend line in the daily time frame.
- A resistance zone ranging from 41.30 to 41.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 43.45 to 43.72. 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 | NEUTRAL | NEUTRAL | The long term trend for EPAC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EPAC is up. |
| ChartMill Relative Strength | 39.42 | 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) | DOWN | MIXED | The current price of EPAC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EPAC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.56 | NEUTRAL | The RSI value for EPAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests EPAC has a positive trend. |
| Stochastics (14,3) | 87.19 | OVERBOUGHT | The high Stochastics value suggests EPAC may be overbought. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for EPAC suggests some volalility. |
| Average Directional Index/ADX (14) | 12.25 | NEGATIVE | The low ADX value for EPAC suggests a weak or negative trend. |
40.26
-0.09 (-0.22%)
ENERPAC TOOL GROUP CORP / EPAC FAQ
Can you provide the ChartMill technical rating for ENERPAC TOOL GROUP CORP?
ChartMill assigns a technical rating of 3 / 10 to EPAC.
What is the trend direction for EPAC stock?
The current trend direction for ENERPAC TOOL GROUP CORP (EPAC) is Bearish.
What is the RSI signal for EPAC stock?
ENERPAC TOOL GROUP CORP (EPAC) has an RSI value of 55.5649. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ENERPAC TOOL GROUP CORP?
ENERPAC TOOL GROUP CORP (EPAC) has a support level at 40.2 and a resistance level at 40.46. Check the full technical report for our detailed analysis of EPAC support and resistance levels.