USA • New York Stock Exchange • NYSE:ESI • US28618M1062
Taking everything into account, ESI scores 8 out of 10 in our technical rating. 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.
Besides having an excellent technical rating, ESI also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
22.92
We found 4 important support areas.
When analyzing the resistance we notice one important area.
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 | 71.11 | POSITIVE | ESI has a high relative strength, it outperformed 71.11% off all stocks 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) | 57.87 | NEUTRAL | The RSI value for ESI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ESI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.67 | NEUTRAL | The Stochastics value for ESI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for ESI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.81 | POSITIVE | The high ADX value value for ESI suggests a strong trend. |
29.1
-0.71 (-2.38%)
ChartMill assigns a technical rating of 8 / 10 to ESI.
The current trend direction for ELEMENT SOLUTIONS INC (ESI) is Bullish.
ELEMENT SOLUTIONS INC (ESI) has an RSI value of 57.8686. This indicates that the stock is currently neutral.
The MACD indicator for ELEMENT SOLUTIONS INC (ESI) has a value of 0.0277004, indicating a bearish trend.
The short term momentum for ELEMENT SOLUTIONS INC (ESI) is positive.