ESQUIRE FINANCIAL HOLDINGS I (ESQ) Technical Analysis
NASDAQ:ESQ • US29667J1016
Current stock price
ESQ Technical Rating and Analysis
Overall ESQ gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ESQ is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, ESQ did better than 76% of all other stocks. We also observe that the gains produced by ESQ over the past year are nicely spread over this period.
- ESQ is part of the Banks industry. There are 376 other stocks in this industry, ESQ did better than 69% of them.
- ESQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ESQ is lagging the market.
- In the last month ESQ has a been trading in the 104.52 - 118.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
ESQ Weekly and Daily overview Charts
ESQ Setup Rating and Analysis
ESQ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 115.96. Right above this resistance zone may be a good entry point.
More info and screens
ESQ Support and Resistance Analysis
94.66
We found 3 important support areas.
- A support zone ranging from 103.61 to 104.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 98.67 to 101.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @95.62 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 115.96 to 116.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
ESQ 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 ESQ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ESQ is neutral. |
| ChartMill Relative Strength | 76.11 | POSITIVE | ESQ has a high relative strength, it outperformed 76.11% 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) | 57.29 | NEUTRAL | The RSI value for ESQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests ESQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.52 | NEUTRAL | The Stochastics value for ESQ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for ESQ suggests some volalility. |
| Average Directional Index/ADX (14) | 29.75 | POSITIVE | The high ADX value value for ESQ suggests a strong trend. |
ESQ Chart- and CandleStick Pattern Analysis
ESQ Example Setup
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 |
|---|---|---|---|
| 116.89 | 109.27 | 7.63 (6.52%) | 15.33% |
| An entry @116.89. This is a Buy Stop order right above the resistance zone. | An exit @109.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 7.63 points, which is 6.52%. | When investing 15.33% 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.
ESQ Technicals: Chart, Performance Metrics, Trend & Indicators
114.65
+4.71 (+4.28%)
ESQUIRE FINANCIAL HOLDINGS I / ESQ TA FAQ
What is the ChartMill technical rating of ESQUIRE FINANCIAL HOLDINGS I (ESQ) stock?
ChartMill assigns a technical rating of 9 / 10 to ESQ.
Can you provide the trend direction for ESQUIRE FINANCIAL HOLDINGS I?
The current trend direction for ESQUIRE FINANCIAL HOLDINGS I (ESQ) is Bullish.
What is the RSI signal for ESQ stock?
ESQUIRE FINANCIAL HOLDINGS I (ESQ) has an RSI value of 57.2881. This indicates that the stock is currently neutral.
What is the MACD signal for ESQUIRE FINANCIAL HOLDINGS I (ESQ) stock?
The MACD indicator for ESQUIRE FINANCIAL HOLDINGS I (ESQ) has a value of -0.155004, indicating a bearish trend.
What is the short term momentum for ESQUIRE FINANCIAL HOLDINGS I (ESQ) stock?
The short term momentum for ESQUIRE FINANCIAL HOLDINGS I (ESQ) is neutral.