ENSTAR GROUP LTD (ESGR) Stock Technical Analysis
NASDAQ:ESGR - Nasdaq - BMG3075P1014 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to ESGR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ESGR is only an average performer.
The long and short term trends are both positive. This is looking good!
ESGR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ESGR is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, ESGR outperforms 64% of them, which is more or less in line with the market.
ESGR is an average performer in the Insurance industry, it outperforms 54% of 142 stocks in the same industry.
In the last month ESGR has a been trading in a tight range between 333.00 and 336.50.
ESGR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 334.88, a Stop Loss order could be placed below this zone.
More info and screens
315.43
338.36
We found 2 important support areas.
- A support zone ranging from 332.94 to 334.88. 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 | 64.6 | 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) | 55.38 | NEUTRAL | The RSI value for ESGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ESGR has a negative trend. |
| Stochastics (14,3) | 44.75 | NEUTRAL | The Stochastics value for ESGR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.28 | LOW VOLATILITY | The low ATR as a percentage value for ESGR suggests low volalility. |
| Average Directional Index/ADX (14) | 22.24 | NEUTRAL | The ADX value for ESGR suggests a possible start of a new 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 |
|---|---|---|---|
| 336.51 | 334.15 | 2.36 (0.70%) | 25.00% |
| An entry @336.51. This is a Buy Stop order right above the 10 day high. | An exit @334.15. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.36 points, which is 0.70%. | For a 0.18% total portfolio risk, you can invest 25.00% 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.
335.01
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0%
1 Week0.15%
2 Weeks0.25%
1 Month0.16%
3 Month0.66%
6 Month3.18%
12 Month6.98%
2 Year42.33%
3 Year44.44%
5 Year135.26%
10 Year120.95%
15 Year435.16%
Volatility
ATR(14)0.92
ATR(20)%0.28%
ATR Inc-25.04%
Range Today0.75
ADR(20)0.92
ADR(20)%0.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.6
Mansfield-0.06
10 Day High336.5
10 Day Low334.16
20 Day High336.5
20 Day Low333
52 Week High348.48
52 Week Low291.9
CS1 End334.88
CR1 StartN/A
Volume & EV
DER(3)0.86%
DER(5)1.92%
Volume97.60K
Volume Incr-6.13%
Vol(5)86.08K
Vol(50)106.22K