ENERGY RECOVERY INC (ERII) Technical Analysis
NASDAQ:ERII • US29270J1007
Current stock price
ERII Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ERII. ERII scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ERII is a bad performer in the overall market: 91% of all stocks are doing better.
- ERII is one of the lesser performing stocks in the Machinery industry. 86% of 131 stocks in the same industry do better.
- ERII is currently trading near the lower end of its 52 week range, which is not a good sign. 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 9.35 - 16.27 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
ERII Weekly and Daily overview Charts
ERII Setup Rating and Analysis
The technical rating of ERII is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ERII Support and Resistance Analysis
9.82
2 important resistance areas can be observed.
- A resistance zone ranging from 15.77 to 15.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.44 from a trend line in the weekly time frame.
ERII Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for ERII is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ERII is down. |
| ChartMill Relative Strength | 9.16 | NEGATIVE | ERII has a low relative strength, it was outperformed by 90.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ERII is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ERII is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ERII is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.97 | OVERSOLD | The low RSI value suggests ERII may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ERII has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.21 | OVERSOLD | The low Stochastics value suggests ERII may be oversold. |
| Average True Range in percent/ATR (20) | 8.18 | HIGH VOLATILITY | The high ATR as a percentage value for ERII suggests high volalility. |
| Average Directional Index/ADX (14) | 45.8 | POSITIVE | The high ADX value value for ERII suggests a strong trend. |
ERII Chart- and CandleStick Pattern Analysis
ERII Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ERII (3/23/2026, 10:36:48 AM)
9.92
+0.46 (+4.86%)
ENERGY RECOVERY INC / ERII TA FAQ
What is the ChartMill technical rating of ENERGY RECOVERY INC (ERII) stock?
ChartMill assigns a technical rating of 0 / 10 to ERII.
Can you provide the trend direction for ENERGY RECOVERY INC?
The current trend direction for ENERGY RECOVERY INC (ERII) is Bearish.
What is the RSI signal for ENERGY RECOVERY INC (ERII) stock?
ENERGY RECOVERY INC (ERII) has an RSI value of 23.9664. This indicates that the stock is currently oversold.
What is the MACD signal for ERII stock?
The MACD indicator for ENERGY RECOVERY INC (ERII) has a value of -0.0549954, indicating a bearish trend.
What are the support and resistance levels for ENERGY RECOVERY INC (ERII) stock?
ENERGY RECOVERY INC (ERII) has a resistance level at 15.77. Check the full technical report for our detailed analysis of ERII support and resistance levels.