ENERPAC TOOL GROUP CORP (EPAC) Stock Technical Analysis
NYSE:EPAC - US2927651040 - Common Stock
42.34 USD
-0.54 (-1.26%)
42.34 USD
0 (0%)
Taking everything into account, EPAC scores 7 out of 10 in our technical rating. Although EPAC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
63% of all other stocks performed better in the past year than EPAC.
Both the short term and long term trends are positive. This is a very positive sign.
EPAC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
EPAC is an average performer in the Machinery industry, it outperforms 42% of 128 stocks in the same industry.
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. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 43.45. Right above this resistance zone may be a good entry point.
More info and screens
36.57
46.73
When analyzing the support we notice one important area.
- A support zone ranging from 36.94 to 38.00. 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 43.45 to 44.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 46.27 to 46.27. 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 | 37.14 | 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) | DOWN | NEGATIVE | The current price of EPAC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.7 | NEUTRAL | The RSI value for EPAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests EPAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.87 | NEUTRAL | The Stochastics value for EPAC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for EPAC suggests some volalility. |
| Average Directional Index/ADX (14) | 32.74 | POSITIVE | The high ADX value value for EPAC suggests a strong 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 |
|---|---|---|---|
| 42.71 | 41.64 | 1.07 (2.51%) | 25.00% |
| An entry @42.71. This is a Buy Stop order right above the 10 day moving average. | An exit @41.64. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.07 points, which is 2.51%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.63%. |
- The distance between exit and entry is rather small compared to the average daily movement of EPAC. Please evaluate whether better entry and exit points can be found.
- 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.
42.34
-0.54 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.26%
1 Week-3.13%
2 Weeks1.39%
1 Month12.88%
3 Month-1.26%
6 Month-8.49%
12 Month2.67%
2 Year61.6%
3 Year118.25%
5 Year103.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%2.33%
ATR Inc-18.01%
Range Today0.84
ADR(20)0.92
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.14
Mansfield-1.02
10 Day High44.25
10 Day Low41.65
20 Day High44.25
20 Day Low37.75
52 Week High51.91
52 Week Low36.51
CS1 End38
CR1 Start43.45
Volume & EV
DER(3)-0.19%
DER(5)0.58%
Volume257.50K
Volume Incr-27.95%
Vol(5)280.70K
Vol(50)452.16K