ESQUIRE FINANCIAL HOLDINGS I (ESQ) Stock Technical Analysis
NASDAQ:ESQ - US29667J1016 - Common Stock
98.1 USD
-2.2 (-2.19%)
98.1 USD
0 (0%)
We assign a technical rating of 10 out of 10 to ESQ. Both in the recent history as in the last year, ESQ has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ESQ did better than 87% of all other stocks. On top of that, ESQ also shows a nice and consistent pattern of rising prices.
ESQ is one of the better performing stocks in the Banks industry, it outperforms 93% of 393 stocks in the same industry.
ESQ 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 ESQ is lagging the market slightly.
In the last month ESQ has a been trading in the 91.64 - 101.76 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
ESQ has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 97.15, a Stop Loss order could be placed below this zone.
More info and screens
43.22
101.07
We found 5 important support areas.
- A support zone ranging from 96.89 to 97.15. 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 92.99 to 94.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @85.76 from a trend line in the weekly time frame.
- Support @71.53 from a horizontal line in the daily time frame.
- Support @43.66 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @100.07 from a horizontal line in the weekly 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 ESQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESQ is up. |
| ChartMill Relative Strength | 87.55 | POSITIVE | ESQ has a high relative strength, it outperformed 87.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.77 | NEUTRAL | The RSI value for ESQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests ESQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.27 | NEUTRAL | The Stochastics value for ESQ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for ESQ suggests some volalility. |
| Average Directional Index/ADX (14) | 15.27 | NEGATIVE | The low ADX value for ESQ suggests a weak or negative 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 |
|---|---|---|---|
| 100.08 | 96.88 | 3.20 (3.20%) | 25.00% |
| An entry @100.08. This is a Buy Stop order right above the resistance zone. | An exit @96.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.20 points, which is 3.20%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- The distance between exit and entry is rather small compared to the average daily movement of ESQ. 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.
98.1
-2.2 (-2.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.19%
1 Week-1.35%
2 Weeks2.67%
1 Month4.99%
3 Month8.11%
6 Month27.2%
12 Month59.43%
2 Year109.8%
3 Year162.44%
5 Year494.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.59
ATR(20)%2.5%
ATR Inc-17.68%
Range Today3.04
ADR(20)2.41
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.55
Mansfield1.09
10 Day High101.76
10 Day Low94.19
20 Day High101.76
20 Day Low91.64
52 Week High106.11
52 Week Low57
CS1 End97.15
CR1 Start100.07
Volume & EV
DER(3)1.65%
DER(5)2.24%
Volume70.10K
Volume Incr-22.77%
Vol(5)59.30K
Vol(50)121.13K