ESTERLINE TECHNOLOGIES CORP (ESL) Technical Analysis
NYSE:ESL
Current stock price
ESL Technical Rating and Analysis
Taking everything into account, ESL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ESL is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ESL did better than 91% of all other stocks. We also observe that the gains produced by ESL over the past year are nicely spread over this period.
- A new 52 week high is currently being made by ESL, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ESL has a been trading in a tight range between 121.51 and 122.50.
- Volume is considerably higher in the last couple of days.
ESL Weekly and Daily overview Charts
ESL Setup Rating and Analysis
Although ESL 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
ESL Support and Resistance Analysis
79.79
2 important support areas can be observed.
- A support zone ranging from 120.07 to 122.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 80.60 to 81.25. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 122.50 to 122.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
ESL 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 | UP | POSITIVE | The long term trend for ESL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESL is up. |
| ChartMill Relative Strength | 91.86 | POSITIVE | ESL has a high relative strength, it outperformed 91.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.5 | NEUTRAL | The RSI value for ESL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ESL has a positive trend. |
| Stochastics (14,3) | 83 | OVERBOUGHT | The high Stochastics value suggests ESL may be overbought. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for ESL suggests low volalility. |
ESL Chart- and CandleStick Pattern Analysis
ESL Technicals: Chart, Performance Metrics, Trend & Indicators
122.49
-0.01 (-0.01%)
ESTERLINE TECHNOLOGIES CORP / ESL TA FAQ
What is the ChartMill technical rating of ESTERLINE TECHNOLOGIES CORP (ESL) stock?
ChartMill assigns a technical rating of 9 / 10 to ESL.
What is the trend direction for ESL stock?
The current trend direction for ESTERLINE TECHNOLOGIES CORP (ESL) is Bullish.
What is the RSI signal for ESTERLINE TECHNOLOGIES CORP (ESL) stock?
ESTERLINE TECHNOLOGIES CORP (ESL) has an RSI value of 66.4995. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ESTERLINE TECHNOLOGIES CORP?
The MACD indicator for ESTERLINE TECHNOLOGIES CORP (ESL) has a value of 0.0150196, indicating a bearish trend.
Can you provide the support and resistance levels for ESTERLINE TECHNOLOGIES CORP?
ESTERLINE TECHNOLOGIES CORP (ESL) has a support level at 122.42 and a resistance level at 122.5. Check the full technical report for our detailed analysis of ESL support and resistance levels.