ESS TECH INC (GWH) Stock Technical Analysis
NYSE:GWH - New York Stock Exchange, Inc. - US26916J2050 - Common Stock - Currency: USD
Taking everything into account, GWH scores 0 out of 10 in our technical rating. GWH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GWH is a bad performer in the overall market: 100% of all stocks are doing better.
GWH is one of the lesser performing stocks in the Electrical Equipment industry. 90% of 94 stocks in the same industry do better.
GWH is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GWH is lagging the market.
In the last month GWH has a been trading in the 0.76 - 2.14 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
The technical rating of GWH is bad and it also does not present a quality setup 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.
More info and screens
0.97
1.69
We found 1 important support area.
- Support @0.98 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.30 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.67 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for GWH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GWH is down. |
| ChartMill Relative Strength | 0.76 | NEGATIVE | GWH has a low relative strength, it was outperformed by 99.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GWH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GWH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GWH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.93 | NEUTRAL | The RSI value for GWH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GWH has a positive trend. |
| Stochastics (14,3) | 14.24 | OVERSOLD | The low Stochastics value suggests GWH may be oversold. |
| Average True Range in percent/ATR (20) | 23.85 | HIGH VOLATILITY | The high ATR as a percentage value for GWH suggests high volalility. |
| Average Directional Index/ADX (14) | 17.15 | NEGATIVE | The low ADX value for GWH suggests a weak or negative trend. |
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)
1.07
+0.08 (+8.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg8.08%
1 Week-2.73%
2 Weeks-15.75%
1 Month-41.85%
3 Month-68.53%
6 Month-77.04%
12 Month-90.43%
2 Year-95.15%
3 Year-97.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%23.85%
ATR Inc-55.08%
Range Today0.12
ADR(20)0.22
ADR(20)%20.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.76
Mansfield-8.2
10 Day High1.34
10 Day Low0.95
20 Day High2.14
20 Day Low0.76
52 Week High14.1
52 Week Low0.76
CS1 End0.98
CR1 Start1.3
Volume & EV
DER(3)-3.72%
DER(5)0.28%
Volume228.50K
Volume Incr-92.53%
Vol(5)169.00K
Vol(50)949.27K