EAST RESOURCES ACQUISITION-A (ERES) Stock Technical Analysis
NASDAQ:ERES - Nasdaq - US2746811056 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to ERES. In the last year, ERES was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: ERES has an average volume of 18894 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, ERES turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
ERES is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ERES is lagging the market.
In the last month ERES has a been trading in the 9.52 - 11.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ERES has an average technical rating and also the quality of the setup is only medium 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
9.60
10.96
We found 3 important support areas.
- A support zone ranging from 10.29 to 10.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.02 to 10.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.70 to 9.74. This zone is formed by a combination of multiple trend lines 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
CRS64.82
Mansfield-0.4
10 Day High11.43
10 Day Low9.52
20 Day High11.43
20 Day Low9.52
52 Week High11.43
52 Week Low9.52
Performance
1 Week9.26%
2 Weeks1.21%
1 Month5.24%
3 Month5.75%
6 Month7.32%
12 Month8.72%
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)0.01
RSI(14)56.84
LBB9.62
UBB11.08
10.85
+0.82 (+8.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg8.18%
1 Week9.26%
2 Weeks1.21%
1 Month5.24%
3 Month5.75%
6 Month7.32%
12 Month8.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%3.6%
ATR Inc145.04%
Range Today0.85
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
CRS64.82
Mansfield-0.4
10 Day High11.43
10 Day Low9.52
20 Day High11.43
20 Day Low9.52
52 Week High11.43
52 Week Low9.52
CS1 End10.38
CR1 StartN/A
Volume & EV
DER(3)-0.51%
DER(5)5.85%
Volume110.70K
Volume Incr205.15%
Vol(5)67.88K
Vol(50)18.89K