ESPEY MFG & ELECTRONICS CORP (ESP) Stock Technical Analysis
NYSEARCA:ESP - NYSE Arca - US2966501049 - Common Stock - Currency: USD
Overall ESP gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ESP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ESP has an average volume of 26172 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ESP is one of the better performing stocks in the market, outperforming 96% of all stocks.
ESP is one of the better performing stocks in the Electrical Equipment industry, it outperforms 91% of 94 stocks in the same industry.
ESP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ESP is leading the market.
In the last month ESP has a been trading in the 34.90 - 42.00 range, which is quite wide. It is currently trading near the high of this range.
ESP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
25.36
41.40
We found 3 important support areas.
- A support zone ranging from 34.45 to 35.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.24 from a trend line in the weekly time frame.
- A support zone ranging from 25.62 to 25.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 40.99 to 40.99. 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 | UP | POSITIVE | The long term trend for ESP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESP is up. |
| ChartMill Relative Strength | 96.14 | POSITIVE | ESP has a high relative strength, it outperformed 96.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.13 | NEUTRAL | The RSI value for ESP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ESP has a negative trend. |
| Stochastics (14,3) | 79.85 | NEUTRAL | The Stochastics value for ESP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for ESP suggests some volalility. |
| Average Directional Index/ADX (14) | 52.44 | POSITIVE | The high ADX value value for ESP suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 41.00 | 37.48 | 3.52 (8.59%) | 11.65% |
| An entry @41.00. This is a Buy Stop order right above the resistance zone. | An exit @37.48. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.52 points, which is 8.59%. | When investing 11.65% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
40.98
+0.03 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.07%
1 Week0.56%
2 Weeks8.21%
1 Month15.08%
3 Month53.6%
6 Month47.62%
12 Month87.04%
2 Year144.73%
3 Year187.78%
5 Year136.61%
10 Year57.62%
15 YearN/A
Volatility
ATR(14)1.71
ATR(20)%4.08%
ATR Inc-20.16%
Range Today1.65
ADR(20)1.62
ADR(20)%3.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.14
Mansfield3.97
10 Day High42
10 Day Low37.49
20 Day High42
20 Day Low34.9
52 Week High42
52 Week Low20.5
CS1 End35.41
CR1 Start40.99
Volume & EV
DER(3)0.21%
DER(5)-0.54%
Volume20.40K
Volume Incr-3.81%
Vol(5)30.94K
Vol(50)26.17K