ALLSPRING MULTI-SECTOR INC (ERC) Stock Technical Analysis
NYSEARCA:ERC - NYSE Arca - US94987D1019 - Currency: USD
Taking everything into account, ERC scores 4 out of 10 in our technical rating. ERC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the performance of all stocks over the past year, ERC turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
ERC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ERC has a been trading in a tight range between 9.20 and 9.41.
Although the technical rating is only medium, ERC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 9.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ERC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.67
9.75
We found 2 important support areas.
- A support zone ranging from 9.20 to 9.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.76 to 8.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 9.28 to 9.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.78
Mansfield-0.19
10 Day High9.35
10 Day Low9.2
20 Day High9.41
20 Day Low9.2
52 Week High9.58
52 Week Low8.77
Performance
1 Week-0.16%
2 Weeks-1.23%
1 Month-1.54%
3 Month1.02%
6 Month-1.75%
12 Month-1.54%
2 Year1.15%
3 Year-11.1%
5 Year-3.89%
10 Year-30.67%
15 Year-38.3%
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)-0.01
RSI(14)48.54
LBB9.19
UBB9.37
9.255
+0.02 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.16%
1 Week-0.16%
2 Weeks-1.23%
1 Month-1.54%
3 Month1.02%
6 Month-1.75%
12 Month-1.54%
2 Year1.15%
3 Year-11.1%
5 Year-3.89%
10 Year-30.67%
15 Year-38.3%
Volatility
ATR(14)0.05
ATR(20)%0.62%
ATR Inc-19.58%
Range Today0.04
ADR(20)0.05
ADR(20)%0.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.78
Mansfield-0.19
10 Day High9.35
10 Day Low9.2
20 Day High9.41
20 Day Low9.2
52 Week High9.58
52 Week Low8.77
CS1 End9.25
CR1 Start9.28
Volume & EV
DER(3)4.16%
DER(5)0.54%
Volume85.00K
Volume Incr-28.53%
Vol(5)81.32K
Vol(50)116.70K