ENERGY RECOVERY INC (ERII)

US29270J1007 - Common Stock

13.04  -1.61 (-10.99%)

After market: 13.04 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ERII. ERII's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
91% of all other stocks performed better in the past year than ERII.
ERII is one of the lesser performing stocks in the Machinery industry. 89% of 132 stocks in the same industry do better.
ERII is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ERII is lagging the market.
In the last month ERII has a been trading in the 12.45 - 15.37 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
ERII Weekly chart
ERII Daily chart
Setup Rating and Analysis

0

The technical rating of ERII is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

12.91

16.39

We can see 3 important resistance areas.

  • A resistance zone ranging from 14.12 to 14.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 14.77 to 14.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 16.12 to 16.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.71
Mansfield-4.28
10 Day High15.07
10 Day Low12.45
20 Day High15.37
20 Day Low12.45
52 Week High30.76
52 Week Low12.45
Performance
1 Week-8.1%
2 Weeks-4.33%
1 Month-15.93%
3 Month-15.76%
6 Month-27.88%
12 Month-46.14%
2 Year-35.48%
3 Year-31.4%
5 Year37.99%
10 Year151.74%
15 Year63.41%
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)34.69
LBB12.99
UBB15.01
ERII Daily chart

ENERGY RECOVERY INC

NASDAQ:ERII (5/2/2024, 7:00:01 PM)

After market: 13.04 0 (0%)

13.04

-1.61 (-10.99%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-10.99%
1 Week-8.1%
2 Weeks-4.33%
1 Month-15.93%
3 Month-15.76%
6 Month-27.88%
12 Month-46.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.63
ATR(20)%4.88%
ATR Inc
Range Today2.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High15.07
10 Day Low12.45
20 Day High15.37
20 Day Low12.45
52 Week High30.76
52 Week Low12.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.47M
Volume Incr70.02%
Vol(5)577.86K
Vol(50)458.01K