EXPRESS SCRIPTS HLDG CO (ESRX) Technical Analysis
NASDAQ:ESRX • US30219G1085
Current stock price
ESRX Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to ESRX. In the last year, ESRX was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- 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.
- Looking at the yearly performance, ESRX did better than 93% of all other 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 Weekly and Daily overview Charts
ESRX Setup Rating and Analysis
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
ESRX Support and Resistance Analysis
82.94
When analyzing the support we can see 2 important areas.
- 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.
2 important resistance areas can be observed.
- 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.
ESRX 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 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. |
ESRX Chart- and CandleStick Pattern Analysis
ESRX Technicals: Chart, Performance Metrics, Trend & Indicators
92.33
-3.47 (-3.62%)
EXPRESS SCRIPTS HLDG CO / ESRX TA FAQ
What is the ChartMill technical rating of EXPRESS SCRIPTS HLDG CO (ESRX) stock?
ChartMill assigns a technical rating of 3 / 10 to ESRX.
Can you provide the trend direction for EXPRESS SCRIPTS HLDG CO?
The current trend direction for EXPRESS SCRIPTS HLDG CO (ESRX) is Bullish.
What is the RSI signal for ESRX stock?
EXPRESS SCRIPTS HLDG CO (ESRX) has an RSI value of 35.105. This indicates that the stock is currently neutral.
What is the buy/sell signal for ESRX stock?
The buy/sell signal for EXPRESS SCRIPTS HLDG CO (ESRX) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for EXPRESS SCRIPTS HLDG CO?
EXPRESS SCRIPTS HLDG CO (ESRX) has a support level at 92.32 and a resistance level at 95.05. Check the full technical report for our detailed analysis of ESRX support and resistance levels.