ESSENT GROUP LTD (ESNT) Stock Technical Analysis
NYSE:ESNT - New York Stock Exchange, Inc. - BMG3198U1027 - Common Stock - Currency: USD
Taking everything into account, ESNT scores 4 out of 10 in our technical rating. In the last year, ESNT was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
ESNT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 59.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.17, a Stop Loss order could be placed below this zone.
More info and screens
52.19
We found 3 important support areas.
- A support zone ranging from 57.11 to 58.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.86 to 55.62. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 52.72 to 53.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 59.23 to 59.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 61.66 | NEUTRAL | ESNT is not amongst the best or worst performers 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 | POSITIVE | The current price of ESNT is above 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) | 54.98 | NEUTRAL | The RSI value for ESNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ESNT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.92 | NEUTRAL | The Stochastics value for ESNT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for ESNT suggests low volalility. |
| Average Directional Index/ADX (14) | 10.74 | NEGATIVE | The low ADX value for ESNT suggests a weak or negative trend. |
NYSE:ESNT (6/12/2025, 10:59:48 AM)
58.59
+0.07 (+0.12%)