Logo image of ESMC

Escalon Medical (ESMC) Stock Technical Analysis

USA - NASDAQ:ESMC -

0.26
-0.08 (-23.53%)
Last: 11/17/2016, 8:10:46 PM
Technical Rating and Analysis

0

Overall ESMC gets a technical rating of 0 out of 10. ESMC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% of all other stocks performed better in the past year than ESMC.
ESMC is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ESMC has a been trading in the 0.23 - 0.54 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: ESMC has an average volume of 5992 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

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Weekly and Daily overview Charts
Escalon Medical / ESMC Weekly stock chart
Escalon Medical / ESMC Daily stock chart
Setup Rating and Analysis

0

The technical rating of ESMC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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Support and Resistance Analysis

0.26

0.34

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ESMC is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ESMC is down.
ChartMill Relative Strength2.82NEGATIVEESMC has a low relative strength, it was outperformed by 97.18% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ESMC is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ESMC is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ESMC is below a declining SMA(200).
Relative Strength Index/RSI (14)28.38OVERSOLDThe low RSI value suggests ESMC may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests ESMC has a positive trend, although the MACD value is declining.
Stochastics (14,3)14.29OVERSOLDThe low Stochastics value suggests ESMC may be oversold.
Average True Range in percent/ATR (20)20.38HIGH VOLATILITYThe high ATR as a percentage value for ESMC suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)

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Escalon Medical / ESMC Daily stock chart

Escalon Medical

NASDAQ:ESMC (11/17/2016, 8:10:46 PM)

0.26

-0.08 (-23.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-23.53%
1 Week-23.53%
2 Weeks-27.78%
1 Month-42.22%
3 Month-63.38%
6 Month-66.67%
12 Month-75.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%20.38%
ATR Inc300%
Range Today0.14
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.82
3 months CRSN/A
6 months CRSN/A
Mansfield-6.89
10 Day High0.44
10 Day Low0.23
20 Day High0.54
20 Day Low0.23
52 Week High1.37
52 Week Low0.23
CS1 EndN/A
CR1 Start0.34
Volume & EV
DER(3)-16.61%
DER(5)-11.39%
Volume29.00K
Volume Incr21.98%
Vol(5)8.38K
Vol(50)5.99K

Escalon Medical / ESMC FAQ

Can you provide the ChartMill technical rating for Escalon Medical?

ChartMill assigns a technical rating of 0 / 10 to ESMC.


What is the current trend direction of Escalon Medical (ESMC) stock?

The current trend direction for Escalon Medical (ESMC) is Bearish.


Can you provide the RSI signal for Escalon Medical?

Escalon Medical (ESMC) has an RSI value of 28.3782. This indicates that the stock is currently oversold.


Can you provide the MACD signal for Escalon Medical?

The MACD indicator for Escalon Medical (ESMC) has a value of 0.00226695, indicating a bearish trend.


What is the buy/sell signal for Escalon Medical (ESMC) stock?

The buy/sell signal for Escalon Medical (ESMC) is sell as both the short term and long term trends are negative.