Escalon Medical (ESMC) Technical Analysis
NASDAQ:ESMC
Current stock price
ESMC Technical Rating and Analysis
Taking everything into account, ESMC scores 0 out of 10 in our technical rating. ESMC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ESMC is a bad performer in the overall market: 98% of all stocks are doing better.
- ESMC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ESMC is lagging the market.
- 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.
ESMC Weekly and Daily overview Charts
ESMC Setup Rating and Analysis
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.
More info and screens
ESMC Support and Resistance Analysis
0.26
We found 1 important resistance 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.
ESMC 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 | DOWN | NEGATIVE | The long term trend for ESMC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESMC is down. |
| ChartMill Relative Strength | 2.82 | NEGATIVE | ESMC has a low relative strength, it was outperformed by 97.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESMC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESMC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ESMC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.38 | OVERSOLD | The low RSI value suggests ESMC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ESMC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 14.29 | OVERSOLD | The low Stochastics value suggests ESMC may be oversold. |
| Average True Range in percent/ATR (20) | 20.38 | HIGH VOLATILITY | The high ATR as a percentage value for ESMC suggests high volalility. |
ESMC Chart- and CandleStick Pattern Analysis
ESMC Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ESMC (11/17/2016, 8:10:46 PM)
0.26
-0.08 (-23.53%)
Escalon Medical / ESMC TA FAQ
Can you provide the ChartMill technical rating for Escalon Medical?
ChartMill assigns a technical rating of 0 / 10 to ESMC.
What is the trend direction for 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 support and resistance level for ESMC stock?
Escalon Medical (ESMC) has a resistance level at 0.34. Check the full technical report for our detailed analysis of ESMC support and resistance levels.