ENSTAR GROUP LTD - ESGR 7 PERP (ESGRP) Stock Technical Analysis
USA - NASDAQ:ESGRP - US29359U1097
20.48 USD
+0.13 (+0.61%)
20.6 USD
+0.12 (+0.59%)
Taking everything into account, ESGRP scores 1 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, ESGRP is a bad performer in the overall market: 84% of all stocks are doing better.
ESGRP is part of the Insurance industry. There are 146 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, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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 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
19.01
21.95
When analyzing the support we can see 2 important 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. |
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)
20.48
+0.13 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.61%
1 Week5.3%
2 Weeks0.59%
1 Month0.64%
3 Month3.3%
6 Month1.34%
12 Month-19.5%
2 Year-13.95%
3 Year-15.65%
5 Year-23.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%2.55%
ATR Inc12.51%
Range Today0.66
ADR(20)0.5
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.64
Mansfield-0.84
10 Day High20.66
10 Day Low18.17
20 Day High20.66
20 Day Low18.17
52 Week High25.5
52 Week Low18.17
CS1 End20.47
CR1 Start20.62
Volume & EV
DER(3)6.03%
DER(5)4.98%
Volume70.70K
Volume Incr46.07%
Vol(5)75.40K
Vol(50)39.36K