EROS STX GLOBAL CORP (ESGC) Technical Analysis
NYSE:ESGC • IM00BMT7S123
Current stock price
ESGC Technical Rating and Analysis
Taking everything into account, ESGC scores 2 out of 10 in our technical rating. In the past year, ESGC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 88% of all other stocks performed better in the past year than ESGC.
- ESGC is one of the lesser performing stocks in the Entertainment industry. 67% of 79 stocks in the same industry do better.
- ESGC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ESGC has a been trading in the 1.36 - 3.04 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, which is what you like to see during a strong movement up.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ESGC Weekly and Daily overview Charts
ESGC Setup Rating and Analysis
The technical rating of ESGC is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ESGC Support and Resistance Analysis
1.44
When analyzing the support we notice one important area.
- Support @1.45 from a horizontal line in the daily time frame.
ESGC Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for ESGC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESGC is up. |
| ChartMill Relative Strength | 12.93 | NEGATIVE | ESGC has a low relative strength, it was outperformed by 87.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESGC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ESGC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ESGC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.47 | OVERBOUGHT | The high RSI value suggests ESGC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ESGC has a positive trend. |
| Stochastics (14,3) | 96.71 | OVERBOUGHT | The high Stochastics value suggests ESGC may be overbought. |
| Average True Range in percent/ATR (20) | 8.36 | HIGH VOLATILITY | The high ATR as a percentage value for ESGC suggests high volalility. |
ESGC Chart- and CandleStick Pattern Analysis
ESGC Technicals: Chart, Performance Metrics, Trend & Indicators
3.03
+0.55 (+22.18%)
EROS STX GLOBAL CORP / ESGC TA FAQ
Can you provide the ChartMill technical rating for EROS STX GLOBAL CORP?
ChartMill assigns a technical rating of 2 / 10 to ESGC.
What is the trend direction for ESGC stock?
The current trend direction for EROS STX GLOBAL CORP (ESGC) is Bearish.
What is the RSI signal for EROS STX GLOBAL CORP (ESGC) stock?
EROS STX GLOBAL CORP (ESGC) has an RSI value of 72.474. This indicates that the stock is currently overbought.
Can you provide the MACD signal for EROS STX GLOBAL CORP?
The MACD indicator for EROS STX GLOBAL CORP (ESGC) has a value of 0.181114, indicating a bearish trend.
What is the short term momentum for ESGC stock?
The short term momentum for EROS STX GLOBAL CORP (ESGC) is positive.