Entercom Communications Corp (ETM) Stock Technical Analysis
NYSE:ETM - New York Stock Exchange, Inc. -
Taking everything into account, ETM scores 8 out of 10 in our technical rating. In the last year, ETM was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month ETM has a been trading in the 4.80 - 6.31 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, ETM did better than 97% of all other stocks. On top of that, ETM also shows a nice and consistent pattern of rising prices.
ETM is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ETM slightly outperforms the market at the moment.
ETM has an average volume of 2217160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ETM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
3.29
6.32
We found 2 important support areas.
- Support @4.46 from a horizontal line in the daily time frame.
- Support @3.32 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @5.07 from a trend line in the daily time frame.
- A resistance zone ranging from 5.19 to 5.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.50 to 5.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.16 from a horizontal line in the weekly time frame.
- Resistance @6.26 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.57
Mansfield7.12
10 Day High5.63
10 Day Low4.8
20 Day High6.31
20 Day Low4.8
52 Week High6.35
52 Week Low0.9
Performance
1 Week-4.19%
2 Weeks0.2%
1 Month-13.87%
3 Month79.64%
6 Month228.76%
12 Month446.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)44.5
LBB4.69
UBB5.91
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 |
|---|---|---|---|
| 5.08 | 4.79 | 0.29 (5.71%) | 17.52% |
| An entry @5.08. This is a Buy Stop order right above the resistance zone. | An exit @4.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.29 points, which is 5.71%. | For a 1.00% total portfolio risk, you can invest 17.52% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ETM. 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.
5.03
-0.04 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.79%
1 Week-4.19%
2 Weeks0.2%
1 Month-13.87%
3 Month79.64%
6 Month228.76%
12 Month446.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%8.3%
ATR Inc-50.1%
Range Today0.2
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
CRS97.57
Mansfield7.12
10 Day High5.63
10 Day Low4.8
20 Day High6.31
20 Day Low4.8
52 Week High6.35
52 Week Low0.9
CS1 End4.46
CR1 Start5.07
Volume & EV
DER(3)1.28%
DER(5)2.36%
Volume1.38M
Volume Incr-47.11%
Vol(5)1.12M
Vol(50)2.22M