ESPERION THERAPEUTICS INC (ESPR) Stock Technical Analysis
NASDAQ:ESPR • US29664W1053
Taking everything into account, ESPR scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- 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!
- ESPR is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 81% of 191 stocks in the same industry.
- ESPR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ESPR is lagging the market slightly.
- In the last month ESPR has a been trading in the 2.86 - 3.64 range, which is quite wide. It is currently trading near the high of this range.
- ESPR has an average volume of 5049510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, ESPR did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ESPR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.40, a Stop Loss order could be placed below this zone.
More info and screens
3.00
We found 3 important support areas.
- A support zone ranging from 3.30 to 3.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.14 to 3.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.03 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.56 to 3.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.67 from a trend line in the daily time frame.
- Resistance @4.01 from a horizontal line in the daily time frame.
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 ESPR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ESPR is neutral. |
| ChartMill Relative Strength | 92.73 | POSITIVE | ESPR has a high relative strength, it outperformed 92.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESPR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESPR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESPR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.38 | NEUTRAL | The RSI value for ESPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ESPR has a positive trend. |
| Stochastics (14,3) | 61.34 | NEUTRAL | The Stochastics value for ESPR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for ESPR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.14 | NEGATIVE | The low ADX value for ESPR suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 3.60 | 3.29 | 0.31 (8.61%) | 11.61% |
| An entry @3.60. This is a Buy Stop order right above the resistance zone. | An exit @3.29. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.31 points, which is 8.61%. | For a 1.00% total portfolio risk, you can invest 11.61% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ESPR. Please evaluate whether better entry and exit points can be found.
- 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.
3.43
+0.03 (+0.88%)
ESPERION THERAPEUTICS INC / ESPR FAQ
What is the ChartMill technical rating of ESPERION THERAPEUTICS INC (ESPR) stock?
ChartMill assigns a technical rating of 6 / 10 to ESPR.
What is the trend direction for ESPR stock?
The current trend direction for ESPERION THERAPEUTICS INC (ESPR) is Bullish.
Can you provide the RSI signal for ESPERION THERAPEUTICS INC?
ESPERION THERAPEUTICS INC (ESPR) has an RSI value of 50.3787. This indicates that the stock is currently neutral.
What is the MACD signal for ESPR stock?
The MACD indicator for ESPERION THERAPEUTICS INC (ESPR) has a value of 0.018775, indicating a bearish trend.
What is the short term momentum for ESPERION THERAPEUTICS INC (ESPR) stock?
The short term momentum for ESPERION THERAPEUTICS INC (ESPR) is neutral.