ENERGY RECOVERY INC (ERII) Stock Technical Analysis
NASDAQ:ERII - Nasdaq - US29270J1007 - Common Stock - Currency: USD
Taking everything into account, ERII scores 2 out of 10 in our technical rating. In the past year, ERII was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ERII is a bad performer in the overall market: 83% of all stocks are doing better.
ERII is part of the Machinery industry. There are 127 other stocks in this industry, of which 77% are performing better than ERII.
ERII is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ERII has a been trading in the 11.88 - 13.87 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
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
11.89
19.70
3 important support areas can be observed.
- A support zone ranging from 13.18 to 13.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.45 to 12.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.01 to 12.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @13.66 from a horizontal line in the daily time frame.
- Resistance @14.04 from a trend line in the daily time frame.
- Resistance @16.19 from a trend line in the daily time frame.
- Resistance @19.50 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for ERII is up. |
| ChartMill Relative Strength | 17.82 | NEGATIVE | ERII has a low relative strength, it was outperformed by 82.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ERII is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ERII is above 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) | 60.83 | NEUTRAL | The RSI value for ERII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ERII has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.86 | OVERBOUGHT | The high Stochastics value suggests ERII may be overbought. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for ERII suggests some volalility. |
| Average Directional Index/ADX (14) | 23.9 | NEUTRAL | The ADX value for ERII suggests a possible start of a new 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)
NASDAQ:ERII (7/21/2025, 9:40:40 AM)
13.64
+0.1 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.74%
1 Week2.89%
2 Weeks2.58%
1 Month11.17%
3 Month-8.7%
6 Month-8.33%
12 Month-5.25%
2 Year-55.58%
3 Year-39.09%
5 Year78.39%
10 Year414.83%
15 Year230.24%
Volatility
ATR(14)0.35
ATR(20)%2.46%
ATR Inc-19.41%
Range Today0.04
ADR(20)0.32
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.82
Mansfield-1.89
10 Day High13.87
10 Day Low12.82
20 Day High13.87
20 Day Low11.88
52 Week High20.27
52 Week Low10.86
CS1 End13.29
CR1 Start13.55
Volume & EV
DER(3)0.93%
DER(5)1.58%
Volume5.82K
Volume Incr-12.38%
Vol(5)385.06K
Vol(50)515.03K