ESCO TECHNOLOGIES INC (ESE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ESE - US2963151046 - Common Stock
We assign a technical rating of 5 out of 10 to ESE. ESE was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, ESE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 200.26, a Stop Loss order could be placed below this zone.
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175.39
3 important support areas can be observed.
- A support zone ranging from 200.19 to 200.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 195.58 to 196.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @177.16 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 221.26 to 224.37. 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 | DOWN | NEGATIVE | The short term trend for ESE is down. |
| ChartMill Relative Strength | 85.9 | POSITIVE | ESE has a high relative strength, it outperformed 85.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESE is below a declining 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) | 43.8 | NEUTRAL | The RSI value for ESE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests ESE has a positive trend. |
| Stochastics (14,3) | 52.71 | NEUTRAL | The Stochastics value for ESE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for ESE suggests some volalility. |
| Average Directional Index/ADX (14) | 27.97 | POSITIVE | The high ADX value value for ESE suggests a strong trend. |
200.5
-1.4 (-0.69%)
ESCO TECHNOLOGIES INC / ESE FAQ
Can you provide the ChartMill technical rating for ESCO TECHNOLOGIES INC?
ChartMill assigns a technical rating of 5 / 10 to ESE.
Can you provide the trend direction for ESCO TECHNOLOGIES INC?
The current trend direction for ESCO TECHNOLOGIES INC (ESE) is Bullish.
What is the RSI signal for ESCO TECHNOLOGIES INC (ESE) stock?
ESCO TECHNOLOGIES INC (ESE) has an RSI value of 43.8036. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ESCO TECHNOLOGIES INC?
The short term momentum for ESCO TECHNOLOGIES INC (ESE) is negative.
What is the support and resistance level for ESE stock?
ESCO TECHNOLOGIES INC (ESE) has a support level at 200.26 and a resistance level at 221.26. Check the full technical report for our detailed analysis of ESE support and resistance levels.