ENSTAR GROUP LTD - ESGR 7 PERP (ESGRP) Technical Analysis
NASDAQ:ESGRP • US29359U1097
Current stock price
ESGRP Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ESGRP. ESGRP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 84% of all other stocks performed better in the past year than ESGRP.
- ESGRP is part of the Insurance industry. There are 148 other stocks in this industry, of which 72% are performing better than ESGRP.
- ESGRP 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 ESGRP is lagging the market.
- In the last month ESGRP has a been trading in the 18.17 - 20.66 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.
ESGRP Weekly and Daily overview Charts
ESGRP Setup Rating and Analysis
ESGRP has a bad technical rating, but it does show a decent setup pattern. 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
ESGRP Support and Resistance Analysis
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.
2 important resistance areas can be observed.
- 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.
ESGRP 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 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. |
ESGRP Chart- and CandleStick Pattern Analysis
ESGRP Technicals: Chart, Performance Metrics, Trend & Indicators
20.48
+0.13 (+0.61%)
ENSTAR GROUP LTD - ESGR 7 PERP / ESGRP TA 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.
What is the current trend direction of ENSTAR GROUP LTD - ESGR 7 PERP (ESGRP) stock?
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 short term momentum for ENSTAR GROUP LTD - ESGR 7 PERP (ESGRP) stock?
The short term momentum for ENSTAR GROUP LTD - ESGR 7 PERP (ESGRP) is neutral.