ESCO TECHNOLOGIES INC (ESE) Stock Technical Analysis
USA - NYSE:ESE - US2963151046 - Common Stock
208.37 USD
-2.58 (-1.22%)
208.37 USD
0 (0%)
Taking everything into account, ESE scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ESE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ESE is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, ESE also shows a nice and consistent pattern of rising prices.
ESE is part of the Machinery industry. There are 129 other stocks in this industry. ESE outperforms 87% 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.
In the last month ESE has a been trading in the 200.19 - 220.32 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, ESE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 202.55, a Stop Loss order could be placed below this zone.
More info and screens
163.92
219.94
We found 4 important support areas.
- A support zone ranging from 199.15 to 202.55. 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 189.41. 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 @165.58 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 209.84 to 212.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @217.76 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 ESE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESE is up. |
| ChartMill Relative Strength | 87.95 | POSITIVE | ESE has a high relative strength, it outperformed 87.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ESE is below 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) | 51.99 | NEUTRAL | The RSI value for ESE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.8 | NEGATIVE | The MACD value suggests ESE has a negative trend. |
| Stochastics (14,3) | 50.88 | NEUTRAL | The Stochastics value for ESE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for ESE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.43 | 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 |
|---|---|---|---|
| 212.47 | 200.98 | 11.49 (5.41%) | 18.48% |
| An entry @212.47. This is a Buy Stop order right above the resistance zone. | An exit @200.98. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 11.49 points, which is 5.41%. | When investing 18.48% 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.
208.37
-2.58 (-1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.22%
1 Week1.59%
2 Weeks-1.92%
1 Month2.82%
3 Month6.25%
6 Month46.79%
12 Month66.78%
2 Year114.33%
3 Year141.81%
5 Year148.98%
10 Year461.8%
15 Year507.85%
Volatility
ATR(14)5.82
ATR(20)%2.62%
ATR Inc-35.47%
Range Today4.74
ADR(20)5.37
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.95
Mansfield1.3
10 Day High217.55
10 Day Low200.99
20 Day High220.32
20 Day Low200.19
52 Week High220.32
52 Week Low119.57
CS1 End202.55
CR1 Start209.84
Volume & EV
DER(3)0.52%
DER(5)0.8%
Volume140.70K
Volume Incr-21.58%
Vol(5)190.82K
Vol(50)226.07K