ESCO TECHNOLOGIES INC (ESE) Stock Technical Analysis
NYSE:ESE - US2963151046 - Common Stock
202.66 USD
-0.64 (-0.31%)
202.66 USD
0 (0%)
Taking everything into account, ESE scores 10 out of 10 in our technical rating. 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!
Looking at the yearly performance, ESE did better than 89% of all other 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 129 other stocks in this industry. ESE outperforms 86% of them.
ESE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ESE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Besides having an excellent technical rating, ESE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 195.40, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
157.05
205.76
5 important support areas can be observed.
- A support zone ranging from 191.25 to 195.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 185.21 to 187.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @181.45 from a horizontal line in the daily time frame.
- Support @161.72 from a trend line in the weekly time frame.
- Support @158.64 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 202.67 to 203.72. 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 | 89.73 | POSITIVE | ESE has a high relative strength, it outperformed 89.73% 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) | 62.18 | NEUTRAL | The RSI value for ESE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.98 | POSITIVE | The MACD value suggests ESE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.18 | OVERBOUGHT | The high Stochastics value suggests ESE may be overbought. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for ESE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.44 | NEGATIVE | The low ADX value for ESE suggests a weak or negative 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 |
|---|---|---|---|
| 203.73 | 191.79 | 11.94 (5.86%) | 17.06% |
| An entry @203.73. This is a Buy Stop order right above the resistance zone. | An exit @191.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 11.94 points, which is 5.86%. | For a 1.00% total portfolio risk, you can invest 17.06% of your capital in this trade. |
- 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.
202.66
-0.64 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.31%
1 Week-0.52%
2 Weeks6.36%
1 Month6.74%
3 Month10.09%
6 Month25.54%
12 Month76.43%
2 Year94.04%
3 Year175.95%
5 Year151.56%
10 Year464.51%
15 Year509.32%
Volatility
ATR(14)4.55
ATR(20)%2.9%
ATR Inc-28.03%
Range Today4.92
ADR(20)5.79
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.73
Mansfield1.68
10 Day High205.31
10 Day Low191.8
20 Day High205.31
20 Day Low174.92
52 Week High205.31
52 Week Low113.74
CS1 End195.4
CR1 Start202.67
Volume & EV
DER(3)0.78%
DER(5)0.6%
Volume134.90K
Volume Incr21.3%
Vol(5)286.00K
Vol(50)211.35K