ELEMENT SOLUTIONS INC (ESI) Stock Technical Analysis
NYSE:ESI - US28618M1062 - Common Stock
25.355 USD
-0.29 (-1.11%)
Taking everything into account, ESI scores 8 out of 10 in our technical rating. Although ESI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
ESI is one of the better performing stocks in the Chemicals industry, it outperforms 71% of 83 stocks in the same industry.
ESI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ESI has an average volume of 2125020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ESI turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
ESI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ESI is lagging the market.
Besides having an excellent technical rating, ESI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 25.46, 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.
More info and screens
17.82
26.84
We found 4 important support areas.
- Support @25.29 from a horizontal line in the daily time frame.
- A support zone ranging from 24.04 to 24.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.15 to 23.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.00 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 25.46 to 25.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @26.57 from a horizontal line in the daily time frame.
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 | 60.64 | 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) | DOWN | MIXED | The current price of ESI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.25 | NEUTRAL | The RSI value for ESI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ESI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.87 | OVERBOUGHT | The high Stochastics value suggests ESI may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for ESI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.63 | POSITIVE | The high ADX value value for ESI 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.83 | 25.28 | 0.55 (2.13%) | 25.00% |
| An entry @25.83. This is a Buy Stop order right above the resistance zone. | An exit @25.28. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.55 points, which is 2.13%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
- The distance between exit and entry is rather small compared to the average daily movement of ESI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:ESI (9/2/2025, 2:28:03 PM)
25.355
-0.29 (-1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.11%
1 Week-0.73%
2 Weeks3.13%
1 Month11.01%
3 Month20.3%
6 Month-1.49%
12 Month-3.81%
2 Year24.73%
3 Year37.76%
5 Year139.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%2.14%
ATR Inc-29.15%
Range Today0.46
ADR(20)0.52
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.64
Mansfield-0.43
10 Day High26.21
10 Day Low24.69
20 Day High26.21
20 Day Low22.95
52 Week High29.78
52 Week Low16.77
CS1 End25.46
CR1 Start25.82
Volume & EV
DER(3)2.02%
DER(5)2.01%
Volume547.34K
Volume Incr-23.43%
Vol(5)1.39M
Vol(50)2.13M