EngageSmart Inc (ESMT) Technical Analysis
NYSE:ESMT • US29283F1030
Current stock price
ESMT Technical Rating and Analysis
Overall ESMT gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ESMT is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- ESMT is one of the better performing stocks in the Software industry, it outperforms 84% of 277 stocks in the same industry.
- ESMT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ESMT is leading the market.
- ESMT has an average volume of 1797710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, ESMT outperforms 67% of them, which is more or less in line with the market.
- In the last month ESMT has a been trading in a tight range between 22.87 and 23.15.
- Volume is considerably higher in the last couple of days.
ESMT Weekly and Daily overview Charts
ESMT Setup Rating and Analysis
Although ESMT has an excellent technical rating, the quality of the presented setup is not ideal 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
ESMT Support and Resistance Analysis
15.84
When analyzing the support we can see 4 important areas.
- A support zone ranging from 22.45 to 23.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.14 from a trend line in the weekly time frame.
- Support @16.40 from a horizontal line in the weekly time frame.
- A support zone ranging from 16.00 to 16.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.06 to 23.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
ESMT 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 ESMT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESMT is up. |
| ChartMill Relative Strength | 67.43 | NEUTRAL | ESMT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESMT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESMT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.82 | NEUTRAL | The RSI value for ESMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ESMT has a negative trend. |
| Stochastics (14,3) | 69.49 | NEUTRAL | The Stochastics value for ESMT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for ESMT suggests low volalility. |
| Average Directional Index/ADX (14) | 62.74 | POSITIVE | The high ADX value value for ESMT suggests a strong trend. |
ESMT Chart- and CandleStick Pattern Analysis
ESMT Example Setup
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 |
|---|---|---|---|
| 23.11 | 22.94 | 0.17 (0.74%) | 25.00% |
| An entry @23.11. This is a Buy Stop order right above the resistance zone. | An exit @22.94. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.17 points, which is 0.74%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
ESMT Technicals: Chart, Performance Metrics, Trend & Indicators
23.05
-0.02 (-0.09%)
EngageSmart Inc / ESMT TA FAQ
What is the ChartMill technical rating of EngageSmart Inc (ESMT) stock?
ChartMill assigns a technical rating of 7 / 10 to ESMT.
What is the trend direction for ESMT stock?
The current trend direction for EngageSmart Inc (ESMT) is Bullish.
What is the RSI signal for EngageSmart Inc (ESMT) stock?
EngageSmart Inc (ESMT) has an RSI value of 65.8194. This indicates that the stock is currently neutral.
What is the short term momentum for ESMT stock?
The short term momentum for EngageSmart Inc (ESMT) is positive.
Can you provide the buy/sell signal for EngageSmart Inc?
The buy/sell signal for EngageSmart Inc (ESMT) is buy as both the short term and long term trends are positive.