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ENSTAR GROUP LTD - ESGR 7 PERP (ESGRO) Stock Technical Analysis

NASDAQ:ESGRO - Nasdaq - US29359U2087 - Currency: USD

20.18  +0.09 (+0.45%)

Technical Rating and Analysis

0

Overall ESGRO gets a technical rating of 0 out of 10. ESGRO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ESGRO is a bad performer in the overall market: 69% of all stocks are doing better.
ESGRO is part of the Insurance industry. There are 143 other stocks in this industry, of which 71% are performing better than ESGRO.
ESGRO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ESGRO is lagging the market.
Warning: ESGRO has an average volume of 9756 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ESGRO has a been trading in a tight range between 19.75 and 20.88.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ENSTAR GROUP LTD - ESGR 7 PERP / ESGRO Weekly stock chart
ENSTAR GROUP LTD - ESGR 7 PERP / ESGRO Daily stock chart
Setup Rating and Analysis

8

ESGRO has a bad technical rating, but it does show 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 19.84, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

19.00

21.51

When analyzing the support we notice one important area.

  • A support zone ranging from 19.19 to 19.84. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 20.24 to 20.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 20.69 to 21.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ESGRO is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ESGRO is down.
ChartMill Relative Strength31.9NEUTRALESGRO is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ESGRO is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ESGRO is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ESGRO is below a declining SMA(200).
Relative Strength Index/RSI (14)48.67NEUTRALThe RSI value for ESGRO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests ESGRO has a negative trend.
Stochastics (14,3)39.94NEUTRALThe Stochastics value for ESGRO is a neutral value.
Average True Range in percent/ATR (20)1.66LOW VOLATILITYThe low ATR as a percentage value for ESGRO suggests low volalility.
Average Directional Index/ADX (14)14.07NEGATIVEThe low ADX value for ESGRO suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
ENSTAR GROUP LTD - ESGR 7 PERP / ESGRO Daily stock chart

ENSTAR GROUP LTD - ESGR 7 PERP

NASDAQ:ESGRO (5/23/2025, 9:30:32 PM)

20.18

+0.09 (+0.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.45%
1 Week-1.25%
2 Weeks0.4%
1 Month-2.89%
3 Month-0.25%
6 Month1.52%
12 Month-16.44%
2 Year-12.87%
3 Year-19.83%
5 Year-20.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%1.66%
ATR Inc-67.24%
Range Today0.13
ADR(20)0.31
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.9
Mansfield-0.63
10 Day High20.63
10 Day Low19.8
20 Day High20.88
20 Day Low19.75
52 Week High25.23
52 Week Low18.59
CS1 End19.84
CR1 Start20.24
Volume & EV
DER(3)-0.39%
DER(5)-1.66%
Volume6.10K
Volume Incr81.63%
Vol(5)16.12K
Vol(50)9.76K