ENSTAR GROUP LTD (ESGR) Stock Technical Analysis
USA - NASDAQ:ESGR - BMG3075P1014 - Common Stock
Taking everything into account, ESGR scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ESGR is a bad performer.
ESGR has an average technical rating and it also does not offer a high 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
315.43
2 important support areas can be observed.
- A support zone ranging from 332.94 to 336.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 318.62 to 326.86. 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 ESGR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESGR is up. |
| ChartMill Relative Strength | 36.77 | NEUTRAL | ESGR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESGR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESGR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESGR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.77 | NEUTRAL | The RSI value for ESGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ESGR has a positive trend. |
| Stochastics (14,3) | 75.36 | NEUTRAL | The Stochastics value for ESGR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.32 | LOW VOLATILITY | The low ATR as a percentage value for ESGR suggests low volalility. |
| Average Directional Index/ADX (14) | 28.02 | POSITIVE | The high ADX value value for ESGR suggests a strong trend. |
337.91
+1.55 (+0.46%)
ENSTAR GROUP LTD / ESGR FAQ
What is the technical rating for ESGR stock?
ChartMill assigns a technical rating of 6 / 10 to ESGR.
What is the current trend direction of ENSTAR GROUP LTD (ESGR) stock?
The current trend direction for ENSTAR GROUP LTD (ESGR) is Bullish.
Can you provide the RSI signal for ENSTAR GROUP LTD?
ENSTAR GROUP LTD (ESGR) has an RSI value of 66.7656. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ENSTAR GROUP LTD?
The buy/sell signal for ENSTAR GROUP LTD (ESGR) is buy as both the short term and long term trends are positive.
What is the support and resistance level for ESGR stock?
ENSTAR GROUP LTD (ESGR) has a support level at 336.44. Check the full technical report for our detailed analysis of ESGR support and resistance levels.