Overall ESGRP gets a technical rating of 1 out of 10. ESGRP'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.
Although the technical rating is bad, ESGRP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.62. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ESGRP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
19.01
We found 2 important support areas.
- A support zone ranging from 20.15 to 20.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.20 to 19.40. 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 20.62 to 20.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 21.07 to 21.73. 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 | DOWN | NEGATIVE | The long term trend for ESGRP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ESGRP is neutral. |
| ChartMill Relative Strength | 16.64 | NEGATIVE | ESGRP has a low relative strength, it was outperformed by 83.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESGRP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESGRP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ESGRP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.87 | NEUTRAL | The RSI value for ESGRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ESGRP has a positive trend. |
| Stochastics (14,3) | 86.41 | OVERBOUGHT | The high Stochastics value suggests ESGRP may be overbought. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for ESGRP suggests some volalility. |
| Average Directional Index/ADX (14) | 39.52 | POSITIVE | The high ADX value value for ESGRP suggests a strong trend. |
20.48
+0.13 (+0.61%)
ENSTAR GROUP LTD - ESGR 7 PERP / ESGRP FAQ
What is the ChartMill technical rating of ENSTAR GROUP LTD - ESGR 7 PERP (ESGRP) stock?
ChartMill assigns a technical rating of 1 / 10 to ESGRP.
Can you provide the trend direction for ENSTAR GROUP LTD - ESGR 7 PERP?
The current trend direction for ENSTAR GROUP LTD - ESGR 7 PERP (ESGRP) is Bearish.
Can you provide the RSI signal for ENSTAR GROUP LTD - ESGR 7 PERP?
ENSTAR GROUP LTD - ESGR 7 PERP (ESGRP) has an RSI value of 51.8677. This indicates that the stock is currently neutral.
What is the MACD signal for ESGRP stock?
The MACD indicator for ENSTAR GROUP LTD - ESGR 7 PERP (ESGRP) has a value of 0.0240278, indicating a bearish trend.