ENERPAC TOOL GROUP CORP (EPAC) Stock Technical Analysis
NYSE:EPAC • US2927651040
We assign a technical rating of 8 out of 10 to EPAC. Although EPAC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- EPAC is one of the lesser performing stocks in the Machinery industry. 65% of 131 stocks in the same industry do better.
- 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 - 43.97 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, EPAC turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
- 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.
EPAC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 42.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.48, 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
36.80
When analyzing the support we can see 3 important areas.
- A support zone ranging from 41.04 to 41.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.39 from a horizontal line 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 42.97 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 | 48.13 | 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) | 59.32 | NEUTRAL | The RSI value for EPAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests EPAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.51 | NEUTRAL | The Stochastics value for EPAC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for EPAC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.7 | 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 | 41.03 | 2.43 (5.59%) | 17.88% |
| An entry @43.46. This is a Buy Stop order right above the resistance zone. | An exit @41.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.43 points, which is 5.59%. | For a 1.00% total portfolio risk, you can invest 17.88% 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.
42.8
-0.22 (-0.51%)
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 59.3204. 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 41.48 and a resistance level at 42.97. Check the full technical report for our detailed analysis of EPAC support and resistance levels.