Logo image of ENG

ENGLOBAL CORP (ENG) Stock Technical Analysis

NASDAQ:ENG - Nasdaq - US2933062059 - Common Stock - Currency: USD

1.08  -0.2 (-15.62%)

After market: 0.646 -0.43 (-40.19%)

Technical Rating and Analysis

0

Overall ENG gets a technical rating of 0 out of 10. ENG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, ENG is a bad performer in the overall market: 90% of all stocks are doing better.
ENG is part of the Energy Equipment & Services industry. There are 59 other stocks in this industry, of which 77% are performing better than ENG.
ENG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ENG is lagging the market.
In the last month ENG has a been trading in the 1.08 - 1.66 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.
Warning: ENG has an average volume of 27344 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Weekly and Daily overview Charts
ENGLOBAL CORP / ENG Weekly stock chart
ENGLOBAL CORP / ENG Daily stock chart
Setup Rating and Analysis

1

The technical rating of ENG is bad and it also does not present a 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.

Support and Resistance Analysis

1.07

1.82

6 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 multiple time frames.
  • Resistance @1.36 from a trend line in the daily time frame.
  • Resistance @1.41 from a horizontal line in the daily time frame.
  • Resistance @1.56 from a trend line in the weekly time frame.
  • Resistance @1.66 from a trend line in the daily time frame.
  • Resistance @1.80 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.24
Mansfield-3.77
10 Day High1.52
10 Day Low1.08
20 Day High1.66
20 Day Low1.08
52 Week High2.3
52 Week Low1.01
Performance
1 Week-19.4%
2 Weeks-14.96%
1 Month-20%
3 Month-12.9%
6 Month-20%
12 Month-43.16%
2 Year-82.61%
3 Year-89.77%
5 Year-86.22%
10 Year-92.89%
15 Year-95.69%
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)-0.02
RSI(14)34.53
LBB1.16
UBB1.44
ENGLOBAL CORP / ENG Daily stock chart

ENGLOBAL CORP

NASDAQ:ENG (12/5/2024, 8:00:01 PM)

After market: 0.646 -0.43 (-40.19%)

1.08

-0.2 (-15.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-15.62%
1 Week-19.4%
2 Weeks-14.96%
1 Month-20%
3 Month-12.9%
6 Month-20%
12 Month-43.16%
2 Year-82.61%
3 Year-89.77%
5 Year-86.22%
10 Year-92.89%
15 Year-95.69%
Volatility
ATR(14)0.12
ATR(20)%12.93%
ATR Inc16.38%
Range Today0.26
ADR(20)0.14
ADR(20)%12.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.24
Mansfield-3.77
10 Day High1.52
10 Day Low1.08
20 Day High1.66
20 Day Low1.08
52 Week High2.3
52 Week Low1.01
CS1 EndN/A
CR1 Start1.3
Volume & EV
DER(3)-12.58%
DER(5)-8.11%
Volume373.90K
Volume Incr275.01%
Vol(5)94.26K
Vol(50)27.34K