
(ESP.AS) Technical Analysis
AMS:ESP • NL0009272137
Current stock price
ESP.AS Technical Rating and Analysis
Overall ESP gets a technical rating of 0 out of 10. ESP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than ESP.
- ESP is part of the Biotechnology industry. There are 72 other stocks in this industry, of which 78% are performing better than ESP.
- ESP is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month ESP has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ESP.AS Weekly and Daily overview Charts
ESP.AS Setup Rating and Analysis
The technical rating of ESP is bad and it also does not present a quality setup 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
ESP.AS Support and Resistance Analysis
0.01
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
ESP.AS Technical Indicator Signal Analysis
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 ESP.AS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESP.AS is down. |
| ChartMill Relative Strength | 1.98 | NEGATIVE | ESP.AS has a low relative strength, it was outperformed by 98.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESP.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESP.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ESP.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.68 | NEUTRAL | The RSI value for ESP.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ESP.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 21.43 | NEUTRAL | The Stochastics value for ESP.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 12.93 | HIGH VOLATILITY | The high ATR as a percentage value for ESP.AS suggests high volalility. |
| Average Directional Index/ADX (14) | 63.33 | POSITIVE | The high ADX value value for ESP.AS suggests a strong trend. |
ESP.AS Chart- and CandleStick Pattern Analysis
ESP.AS Technicals: Chart, Performance Metrics, Trend & Indicators
/ ESP.AS TA FAQ
What is the ChartMill technical rating of (ESP.AS) stock?
ChartMill assigns a technical rating of 0 / 10 to ESP.AS.
What is the trend direction for ESP stock?
The current trend direction for (ESP.AS) is Bearish.
Can you provide the RSI signal for ?
(ESP.AS) has an RSI value of 35.6762. This indicates that the stock is currently neutral.
What is the short term momentum for ESP stock?
The short term momentum for (ESP.AS) is negative.
What is the buy/sell signal for (ESP.AS) stock?
The buy/sell signal for (ESP.AS) is sell as both the short term and long term trends are negative.