ESSENT GROUP LTD (ESNT) Stock Technical Analysis
USA - NYSE:ESNT - BMG3198U1027 - Common Stock
59.68 USD
+0.18 (+0.3%)
59.68 USD
0 (0%)
Taking everything into account, ESNT scores 1 out of 10 in our technical rating. ESNT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month ESNT has a been trading in the 58.46 - 65.18 range, which is quite wide. It is currently trading near the lows of this range.
When compared to the yearly performance of all other stocks, ESNT outperforms 45% of them, which is more or less in line with the market.
ESNT is part of the Financial Services industry. There are 99 other stocks in this industry, ESNT did better than 64% of them.
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 has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
52.19
66.14
6 important support areas can be observed.
- A support zone ranging from 59.59 to 59.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @58.39 from a trend line in the daily time frame.
- A support zone ranging from 56.87 to 57.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.84 from a horizontal line in the daily time frame.
- A support zone ranging from 54.74 to 54.86. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 52.72 to 53.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 63.90 to 65.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ESNT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESNT is down. |
| ChartMill Relative Strength | 45.47 | NEUTRAL | ESNT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESNT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESNT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.71 | NEUTRAL | The RSI value for ESNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests ESNT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.14 | OVERSOLD | The low Stochastics value suggests ESNT may be oversold. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for ESNT suggests low volalility. |
| Average Directional Index/ADX (14) | 30.08 | POSITIVE | The high ADX value value for ESNT suggests a strong trend. |
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)
59.68
+0.18 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.3%
1 Week0.73%
2 Weeks-1.09%
1 Month-7.77%
3 Month5.26%
6 Month7.45%
12 Month-1.29%
2 Year26.33%
3 Year50.78%
5 Year49.76%
10 Year147.64%
15 YearN/A
Volatility
ATR(14)1.14
ATR(20)%1.8%
ATR Inc-16.82%
Range Today0.88
ADR(20)1.05
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.47
Mansfield-0.76
10 Day High61.02
10 Day Low58.46
20 Day High65.18
20 Day Low58.46
52 Week High65.9
52 Week Low51.61
CS1 End59.6
CR1 Start63.9
Volume & EV
DER(3)1.03%
DER(5)0.87%
Volume748.20K
Volume Incr-17.53%
Vol(5)654.70K
Vol(50)642.16K