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 5 out of 10. ESNT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ESNT has a been trading in the 51.61 - 58.08 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 66% of all stocks.
ESNT is an average performer in the Financial Services industry, it outperforms 67% of 101 stocks in the same industry.
ESNT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is only medium, ESNT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 57.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.05, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
52.19
65.56
2 important support areas can be observed.
- A support zone ranging from 54.86 to 56.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.72 to 53.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 57.60 to 58.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.67
Mansfield-0.04
10 Day High57.46
10 Day Low53.31
20 Day High58.08
20 Day Low51.61
52 Week High65.33
52 Week Low51.61
Performance
1 Week1.62%
2 Weeks4.41%
1 Month-2.83%
3 Month-2.08%
6 Month6.08%
12 Month4.58%
2 Year29.14%
3 Year33.3%
5 Year72.59%
10 Year123.6%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.26
RSI(14)56.43
LBB53.92
UBB57.31
57.04
+0.11 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.19%
1 Week1.62%
2 Weeks4.41%
1 Month-2.83%
3 Month-2.08%
6 Month6.08%
12 Month4.58%
2 Year29.14%
3 Year33.3%
5 Year72.59%
10 Year123.6%
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%3.24%
ATR Inc-13.66%
Range Today1.4
ADR(20)1.7
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.67
Mansfield-0.04
10 Day High57.46
10 Day Low53.31
20 Day High58.08
20 Day Low51.61
52 Week High65.33
52 Week Low51.61
CS1 End56.05
CR1 Start57.6
Volume & EV
DER(3)-5.59%
DER(5)-5.56%
Volume543.50K
Volume Incr-30.86%
Vol(5)545.58K
Vol(50)805.66K