ESCO TECHNOLOGIES INC (ESE) Stock Technical Analysis
NYSE:ESE - New York Stock Exchange, Inc. - US2963151046 - Common Stock - Currency: USD
Overall ESE gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ESE is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ESE is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by ESE over the past year are nicely spread over this period.
ESE is part of the Machinery industry. There are 128 other stocks in this industry. ESE outperforms 89% of them.
A new 52 week high is currently being made by ESE, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ESE has a been trading in the 177.88 - 190.63 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, ESE also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 187.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 184.75, a Stop Loss order could be placed below this zone.
More info and screens
112.57
191.16
When analyzing the support we can see 6 important areas.
- A support zone ranging from 181.44 to 184.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @152.08 from a trend line in the weekly time frame.
- Support @149.34 from a trend line in the daily time frame.
- Support @143.81 from a trend line in the daily time frame.
- Support @128.98 from a horizontal line in the daily time frame.
- Support @113.71 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 187.97 to 189.27. 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 ESE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESE is up. |
| ChartMill Relative Strength | 93.8 | POSITIVE | ESE has a high relative strength, it outperformed 93.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.57 | NEUTRAL | The RSI value for ESE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests ESE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.67 | NEUTRAL | The Stochastics value for ESE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for ESE suggests some volalility. |
| Average Directional Index/ADX (14) | 29.11 | POSITIVE | The high ADX value value for ESE 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 |
|---|---|---|---|
| 189.28 | 181.43 | 7.85 (4.15%) | 24.11% |
| An entry @189.28. This is a Buy Stop order right above the resistance zone. | An exit @181.43. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.85 points, which is 4.15%. | When investing 24.11% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
187.96
-1.3 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.69%
1 Week2.59%
2 Weeks1.62%
1 Month5.36%
3 Month20.87%
6 Month39.7%
12 Month78.94%
2 Year81.38%
3 Year174.92%
5 Year122.36%
10 Year402.43%
15 Year629.94%
Volatility
ATR(14)3.95
ATR(20)%2.03%
ATR Inc87.88%
Range Today4.66
ADR(20)3.6
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.8
Mansfield2.39
10 Day High190.63
10 Day Low180.65
20 Day High190.63
20 Day Low177.89
52 Week High190.63
52 Week Low101.42
CS1 End184.75
CR1 Start187.97
Volume & EV
DER(3)-0.09%
DER(5)-0.36%
Volume200.10K
Volume Incr90.26%
Vol(5)247.92K
Vol(50)168.21K