ELEMENT SOLUTIONS INC (ESI) Stock Technical Analysis
USA - NYSE:ESI - US28618M1062 - Common Stock
Overall ESI gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ESI is only an average performer.
Although ESI has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
23.70
We found 4 important support areas.
- Support @27.55 from a horizontal line in the daily time frame.
- A support zone ranging from 25.77 to 26.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.82 to 25.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.94 to 23.94. 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 ESI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESI is up. |
| ChartMill Relative Strength | 64.6 | NEUTRAL | ESI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.01 | NEUTRAL | The RSI value for ESI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ESI has a positive trend. |
| Stochastics (14,3) | 81.71 | OVERBOUGHT | The high Stochastics value suggests ESI may be overbought. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ESI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.96 | NEGATIVE | The low ADX value for ESI suggests a weak or negative trend. |
27.66
+0.89 (+3.32%)
ELEMENT SOLUTIONS INC / ESI FAQ
Can you provide the ChartMill technical rating for ELEMENT SOLUTIONS INC?
ChartMill assigns a technical rating of 8 / 10 to ESI.
What is the current trend direction of ELEMENT SOLUTIONS INC (ESI) stock?
The current trend direction for ELEMENT SOLUTIONS INC (ESI) is Bullish.
Can you provide the RSI signal for ELEMENT SOLUTIONS INC?
ELEMENT SOLUTIONS INC (ESI) has an RSI value of 63.0073. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ELEMENT SOLUTIONS INC?
The MACD indicator for ELEMENT SOLUTIONS INC (ESI) has a value of 0.133403, indicating a bearish trend.
What is the support and resistance level for ESI stock?
ELEMENT SOLUTIONS INC (ESI) has a support level at 27.55. Check the full technical report for our detailed analysis of ESI support and resistance levels.