ENERGY SERVICES OF AMERICA (ESOA)

US29271Q1031 - Common Stock

7.45  +0.26 (+3.62%)

Technical Rating and Analysis

7

Taking everything into account, ESOA scores 7 out of 10 in our technical rating. In the last year, ESOA was one of the better performers, but we do observe some doubts in the very recent evolution.

ESOA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that ESOA is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by ESOA over the past year are nicely spread over this period.
ESOA is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 98% of 65 stocks in the same industry.
ESOA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ESOA is performing more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ESOA Weekly chart
ESOA Daily chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, ESOA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

4.16

8.71

When analyzing the support we can see 4 important areas.

  • Support @7.15 from a trend line in the daily time frame.
  • A support zone ranging from 7.00 to 7.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @4.63 from a trend line in the weekly time frame.
  • Support @4.20 from a trend line in the daily time frame.

We can see 3 important resistance areas.

  • Resistance @7.94 from a trend line in the weekly time frame.
  • Resistance @8.26 from a horizontal line in the weekly time frame.
  • Resistance @8.62 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.4
Mansfield3.95
10 Day High8
10 Day Low6.81
20 Day High9.49
20 Day Low6.81
52 Week High9.49
52 Week Low1.84
Performance
1 Week6.28%
2 Weeks-3.87%
1 Month-11.63%
3 Month-7.68%
6 Month46.37%
12 Month249.77%
2 Year198%
3 YearN/A
5 YearN/A
10 YearN/A
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)-0.05
RSI(14)47.26
LBB6.76
UBB8.01
ESOA Daily chart

ENERGY SERVICES OF AMERICA

NASDAQ:ESOA (4/29/2024, 3:30:02 PM)

7.45

+0.26 (+3.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg3.62%
1 Week6.28%
2 Weeks-3.87%
1 Month-11.63%
3 Month-7.68%
6 Month46.37%
12 Month249.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.55
ATR(20)%7.53%
ATR Inc
Range Today0.48
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8
10 Day Low6.81
20 Day High9.49
20 Day Low6.81
52 Week High9.49
52 Week Low1.84
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume106.07K
Volume Incr-48.52%
Vol(5)66.59K
Vol(50)119.95K