ESPEY MFG & ELECTRONICS CORP (ESP) Technical Analysis
NYSEARCA:ESP • US2966501049
Current stock price
ESP Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ESP. 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 20732 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.
- Looking at the yearly performance, ESP did better than 91% of all other stocks. We also observe that the gains produced by ESP over the past year are nicely spread over this period.
- ESP is part of the Electrical Equipment industry. There are 91 other stocks in this industry. ESP outperforms 71% of them.
- ESP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ESP has a been trading in the 52.20 - 61.90 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ESP Weekly and Daily overview Charts
ESP Setup Rating and Analysis
Although ESP has an excellent technical rating, it does not present a decent entry opportunity 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 Support and Resistance Analysis
43.91
When analyzing the support we can see 3 important areas.
- A support zone ranging from 56.75 to 56.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 53.50 to 54.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.35 from a trend line in the weekly time frame.
ESP 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 | 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 | 91.87 | POSITIVE | ESP has a high relative strength, it outperformed 91.87% 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) | 64.38 | NEUTRAL | The RSI value for ESP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests ESP has a positive trend. |
| Stochastics (14,3) | 85.82 | OVERBOUGHT | The high Stochastics value suggests ESP may be overbought. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for ESP suggests some volalility. |
| Average Directional Index/ADX (14) | 13.45 | NEGATIVE | The low ADX value for ESP suggests a weak or negative trend. |
ESP Chart- and CandleStick Pattern Analysis
ESP Technicals: Chart, Performance Metrics, Trend & Indicators
61.55
+1.06 (+1.75%)
ESPEY MFG & ELECTRONICS CORP / ESP TA FAQ
What is the ChartMill technical rating of ESPEY MFG & ELECTRONICS CORP (ESP) stock?
ChartMill assigns a technical rating of 10 / 10 to ESP.
What is the trend direction for ESP stock?
The current trend direction for ESPEY MFG & ELECTRONICS CORP (ESP) is Bullish.
Can you provide the RSI signal for ESPEY MFG & ELECTRONICS CORP?
ESPEY MFG & ELECTRONICS CORP (ESP) has an RSI value of 64.3777. This indicates that the stock is currently neutral.
What is the short term momentum for ESP stock?
The short term momentum for ESPEY MFG & ELECTRONICS CORP (ESP) is positive.
What is the buy/sell signal for ESPEY MFG & ELECTRONICS CORP (ESP) stock?
The buy/sell signal for ESPEY MFG & ELECTRONICS CORP (ESP) is buy as both the short term and long term trends are positive.