Enerplus Corporation (ERF) Stock Technical Analysis
NYSE:ERF - New York Stock Exchange, Inc. - CA2927661025 - Common Stock - Currency: USD
Overall ERF gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ERF has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that ERF is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by ERF over the past year are nicely spread over this period.
ERF is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 86% of 212 stocks in the same industry.
ERF 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 ERF slightly outperforms the market at the moment.
In the last month ERF has a been trading in the 19.26 - 20.67 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ERF has an average volume of 2857680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
ERF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.56, a Stop Loss order could be placed below this zone.
More info and screens
13.22
20.88
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.33 to 19.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.00 to 14.05. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @13.35 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.67 to 20.67. 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
CRS89.35
Mansfield0.51
10 Day High20.67
10 Day Low19.71
20 Day High20.67
20 Day Low19.26
52 Week High20.97
52 Week Low13.46
Performance
1 Week0.6%
2 Weeks-0.5%
1 Month3.93%
3 Month13.06%
6 Month25.96%
12 Month36.2%
2 Year35.38%
3 Year206.72%
5 Year175.96%
10 Year-11.46%
15 Year-15.94%
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
RSI(14)51.71
LBB19.75
UBB20.45
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 |
|---|---|---|---|
| 20.68 | 19.70 | 0.98 (4.74%) | 21.10% |
| An entry @20.68. This is a Buy Stop order right above the resistance zone. | An exit @19.70. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.98 points, which is 4.74%. | For a 1.00% total portfolio risk, you can invest 21.10% of your capital in this trade. |
- 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.
20.09
-0.1 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.5%
1 Week0.6%
2 Weeks-0.5%
1 Month3.93%
3 Month13.06%
6 Month25.96%
12 Month36.2%
2 Year35.38%
3 Year206.72%
5 Year175.96%
10 Year-11.46%
15 Year-15.94%
Volatility
ATR(14)0.4
ATR(20)%1.98%
ATR Inc39.87%
Range Today0.36
ADR(20)0.37
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.35
Mansfield0.51
10 Day High20.67
10 Day Low19.71
20 Day High20.67
20 Day Low19.26
52 Week High20.97
52 Week Low13.46
CS1 End19.56
CR1 Start20.67
Volume & EV
DER(3)1.57%
DER(5)1.28%
Volume8.69M
Volume Incr204.46%
Vol(5)7.18M
Vol(50)2.86M