ENERGY RECOVERY INC (ERII) Stock Technical Analysis
NASDAQ:ERII - Nasdaq - US29270J1007 - Common Stock - Currency: USD
Taking everything into account, ERII scores 2 out of 10 in our technical rating. ERII'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.
When comparing the yearly performance of all stocks, ERII is a bad performer in the overall market: 64% of all stocks are doing better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ERII is an average performer in the Machinery industry, it outperforms 52% of 129 stocks in the same industry.
ERII is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ERII is lagging the market.
In the last month ERII has a been trading in the 13.94 - 15.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ERII 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.
More info and screens
13.91
19.70
When analyzing the support we notice one important area.
- A support zone ranging from 14.05 to 14.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 15.01 to 15.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.64 from a horizontal line in the daily time frame.
- Resistance @17.42 from a trend line in the weekly time frame.
- Resistance @19.50 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.43
Mansfield-1.15
10 Day High15.76
10 Day Low14.45
20 Day High15.76
20 Day Low13.94
52 Week High20.27
52 Week Low12.26
Performance
1 Week-2.98%
2 Weeks-0.34%
1 Month0.27%
3 Month-7.28%
6 Month-19.64%
12 Month4.34%
2 Year-33.62%
3 Year-22.89%
5 Year48.88%
10 Year332.15%
15 Year128.55%
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)0.08
RSI(14)45.22
LBB14.07
UBB15.76
14.65
-0.83 (-5.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-5.36%
1 Week-2.98%
2 Weeks-0.34%
1 Month0.27%
3 Month-7.28%
6 Month-19.64%
12 Month4.34%
2 Year-33.62%
3 Year-22.89%
5 Year48.88%
10 Year332.15%
15 Year128.55%
Volatility
ATR(14)0.42
ATR(20)%2.68%
ATR Inc78.12%
Range Today1.01
ADR(20)0.38
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.43
Mansfield-1.15
10 Day High15.76
10 Day Low14.45
20 Day High15.76
20 Day Low13.94
52 Week High20.27
52 Week Low12.26
CS1 End14.51
CR1 Start15.01
Volume & EV
DER(3)2.43%
DER(5)1.36%
Volume281.30K
Volume Incr13.18%
Vol(5)282.12K
Vol(50)296.57K