ESCALADE INC (ESCA) Stock Technical Analysis
NASDAQ:ESCA • US2960561049
Overall ESCA gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ESCA is only an average performer.
- Warning: ESCA has an average volume of 18426 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month ESCA has a been trading in the 13.73 - 15.00 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- When comparing the performance of all stocks over the past year, ESCA turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
- ESCA is part of the Leisure Products industry. There are 32 other stocks in this industry, ESCA did better than 61% of them.
- ESCA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ESCA is lagging the market.
Although ESCA has an excellent technical rating, the quality of the presented setup is not ideal 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
12.10
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.80 to 14.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.22 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @15.11 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for ESCA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESCA is up. |
| ChartMill Relative Strength | 44.88 | NEUTRAL | ESCA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESCA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESCA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ESCA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.71 | NEUTRAL | The RSI value for ESCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ESCA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.49 | NEUTRAL | The Stochastics value for ESCA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for ESCA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.82 | NEGATIVE | The low ADX value for ESCA suggests a weak or negative trend. |
14.4
-0.52 (-3.49%)
ESCALADE INC / ESCA FAQ
Can you provide the ChartMill technical rating for ESCALADE INC?
ChartMill assigns a technical rating of 8 / 10 to ESCA.
Can you provide the trend direction for ESCALADE INC?
The current trend direction for ESCALADE INC (ESCA) is Bullish.
What is the RSI signal for ESCA stock?
ESCALADE INC (ESCA) has an RSI value of 53.7126. This indicates that the stock is currently neutral.
What is the MACD signal for ESCALADE INC (ESCA) stock?
The MACD indicator for ESCALADE INC (ESCA) has a value of 0.0149673, indicating a bearish trend.
Can you provide the short term momentum for ESCALADE INC?
The short term momentum for ESCALADE INC (ESCA) is positive.