ESSENT GROUP LTD (ESNT) Stock Technical Analysis
NYSE:ESNT - New York Stock Exchange, Inc. - BMG3198U1027 - Common Stock - Currency: USD
Overall ESNT gets a technical rating of 3 out of 10. ESNT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
72% of all other stocks performed better in the past year than ESNT.
ESNT is part of the Financial Services industry. There are 101 other stocks in this industry, of which 62% are performing better than ESNT.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
In the last month ESNT has a been trading in a tight range between 55.22 and 58.52.
ESNT has a poor technical rating and the quality of the setup is also only medium 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
52.19
65.56
We found 1 important support area.
- A support zone ranging from 52.72 to 57.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 64.30 to 64.91. 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 | NEUTRAL | NEUTRAL | The long term trend for ESNT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ESNT is neutral. |
| ChartMill Relative Strength | 28.31 | NEGATIVE | ESNT has a low relative strength, it was outperformed by 71.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ESNT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ESNT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ESNT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.4 | NEUTRAL | The RSI value for ESNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests ESNT has a positive trend. |
| Stochastics (14,3) | 89.13 | OVERBOUGHT | The high Stochastics value suggests ESNT may be overbought. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for ESNT suggests low volalility. |
| Average Directional Index/ADX (14) | 20.55 | NEUTRAL | The ADX value for ESNT suggests a possible start of a new 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)
57.85
+0.29 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.5%
1 Week3.17%
2 Weeks1.49%
1 Month-1.46%
3 Month-1.16%
6 Month-1.13%
12 Month-3.21%
2 Year15.19%
3 Year44.66%
5 Year62.04%
10 Year115.94%
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%1.56%
ATR Inc-13.96%
Range Today0.7
ADR(20)0.87
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.31
Mansfield-0.82
10 Day High58.17
10 Day Low55.56
20 Day High58.52
20 Day Low55.22
52 Week High65.33
52 Week Low51.61
CS1 End57.64
CR1 Start64.3
Volume & EV
DER(3)-2.6%
DER(5)-3.65%
Volume601.00K
Volume Incr-25.41%
Vol(5)593.02K
Vol(50)709.04K