ESQUIRE FINANCIAL HOLDINGS I (ESQ) Stock Technical Analysis
USA - NASDAQ:ESQ - US29667J1016 - Common Stock
We assign a technical rating of 4 out of 10 to ESQ. Although ESQ is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ESQ has an average technical rating and also the quality of the setup is only medium 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.
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91.43
When analyzing the support we notice one important area.
- A support zone ranging from 92.35 to 93.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 96.47 to 99.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 103.57 to 105.19. 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 | NEUTRAL | NEUTRAL | The long term trend for ESQ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESQ is down. |
| ChartMill Relative Strength | 82.37 | POSITIVE | ESQ has a high relative strength, it outperformed 82.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESQ is below a declining 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) | 42.46 | NEUTRAL | The RSI value for ESQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests ESQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.78 | NEUTRAL | The Stochastics value for ESQ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for ESQ suggests some volalility. |
| Average Directional Index/ADX (14) | 19.3 | NEGATIVE | The low ADX value for ESQ suggests a weak or negative trend. |
95.61
-1.19 (-1.23%)
ESQUIRE FINANCIAL HOLDINGS I / ESQ FAQ
What is the ChartMill technical rating of ESQUIRE FINANCIAL HOLDINGS I (ESQ) stock?
ChartMill assigns a technical rating of 4 / 10 to ESQ.
What is the trend direction for ESQ stock?
The current trend direction for ESQUIRE FINANCIAL HOLDINGS I (ESQ) is Bearish.
Can you provide the RSI signal for ESQUIRE FINANCIAL HOLDINGS I?
ESQUIRE FINANCIAL HOLDINGS I (ESQ) has an RSI value of 42.4637. This indicates that the stock is currently neutral.
What is the support and resistance level for ESQ stock?
ESQUIRE FINANCIAL HOLDINGS I (ESQ) has a support level at 93.8 and a resistance level at 96.47. Check the full technical report for our detailed analysis of ESQ support and resistance levels.