EXPRESS SCRIPTS HLDG CO (ESRX) Stock Technical Analysis
NASDAQ:ESRX - Nasdaq - US30219G1085
Overall ESRX gets a technical rating of 4 out of 10. ESRX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month ESRX has a been trading in the 92.11 - 101.73 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that ESRX is one of the better performing stocks in the market, outperforming 93% of all stocks.
ESRX 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 ESRX is lagging the market slightly.
ESRX has an average volume of 4901390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
ESRX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
82.94
102.48
2 important support areas can be observed.
- A support zone ranging from 92.32 to 92.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @83.78 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 95.05 to 97.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 101.47 to 101.47. 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 | UP | POSITIVE | The long term trend for ESRX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESRX is down. |
| ChartMill Relative Strength | 93.2 | POSITIVE | ESRX has a high relative strength, it outperformed 93.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.1 | NEUTRAL | The RSI value for ESRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests ESRX has a negative trend. |
| Stochastics (14,3) | 8.96 | OVERSOLD | The low Stochastics value suggests ESRX may be oversold. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for ESRX suggests some volalility. |
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)
92.33
-3.47 (-3.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.62%
1 Week-6.69%
2 Weeks-5.77%
1 Month-3.11%
3 Month-2.38%
6 Month16.53%
12 Month23.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.4
ATR(20)%2.58%
ATR Inc59.54%
Range Today3.76
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.2
Mansfield2.35
10 Day High99.98
10 Day Low92.11
20 Day High101.73
20 Day Low92.11
52 Week High101.73
52 Week Low66.93
CS1 End92.32
CR1 Start95.05
Volume & EV
DER(3)-1.46%
DER(5)-1.45%
Volume31.61M
Volume Incr171.33%
Vol(5)13.07M
Vol(50)4.90M