ESSENT GROUP LTD (ESNT) Technical Analysis
NYSE:ESNT • BMG3198U1027
Current stock price
61.06 USD
+0.55 (+0.91%)
At close:
61.06 USD
0 (0%)
After Hours:
ESNT Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to ESNT. In the past year, ESNT was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month ESNT has a been trading in the 56.73 - 61.96 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, ESNT turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
- ESNT is an average performer in the Financial Services industry, it outperforms 63% of 99 stocks in the same industry.
- ESNT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ESNT is lagging the market.
ESNT Weekly and Daily overview Charts
ESNT Setup Rating and Analysis
ESNT has an average technical rating and it also 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
ESNT Support and Resistance Analysis
52.19
67.49
When analyzing the support we can see 4 important areas.
- A support zone ranging from 59.79 to 60.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @57.40 from a trend line in the weekly time frame.
- A support zone ranging from 54.86 to 55.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 52.72 to 53.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @61.90 from a horizontal line in the daily time frame.
- A resistance zone ranging from 65.28 to 66.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
ESNT 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 | NEUTRAL | NEUTRAL | The long term trend for ESNT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESNT is up. |
| ChartMill Relative Strength | 48.55 | NEUTRAL | ESNT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ESNT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ESNT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.59 | NEUTRAL | The RSI value for ESNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests ESNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.28 | OVERBOUGHT | The high Stochastics value suggests ESNT may be overbought. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for ESNT suggests low volalility. |
| Average Directional Index/ADX (14) | 23.21 | NEUTRAL | The ADX value for ESNT suggests a possible start of a new trend. |
ESNT 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)
ESNT Technicals: Chart, Performance Metrics, Trend & Indicators
61.06
+0.55 (+0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.91%
1 Week2.35%
2 Weeks5.75%
1 Month5.11%
3 Month0.2%
6 Month2.62%
12 Month10.86%
2 Year15.27%
3 Year43.77%
5 Year16.13%
10 Year199.02%
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%1.75%
ATR Inc9.8%
Range Today1.01
ADR(20)1.02
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.55
3 months CRS59.23
6 months CRS57.66
Mansfield-0.5
10 Day High61.96
10 Day Low57.67
20 Day High61.96
20 Day Low56.73
52 Week High67.09
52 Week Low53.31
CS1 End60.37
CR1 Start61.9
Volume & EV
DER(3)-2.8%
DER(5)-2.47%
Volume538.41K
Volume Incr-22.89%
Vol(5)564.99K
Vol(50)738.50K
ESSENT GROUP LTD / ESNT TA FAQ
What is the ChartMill technical rating of ESSENT GROUP LTD (ESNT) stock?
ChartMill assigns a technical rating of 4 / 10 to ESNT.
Can you provide the trend direction for ESSENT GROUP LTD?
The current trend direction for ESSENT GROUP LTD (ESNT) is Bearish.
What is the RSI signal for ESSENT GROUP LTD (ESNT) stock?
ESSENT GROUP LTD (ESNT) has an RSI value of 59.5897. This indicates that the stock is currently neutral.
What is the short term momentum for ESNT stock?
The short term momentum for ESSENT GROUP LTD (ESNT) is positive.