ELMIRA SAVINGS BANK (ESBK)

US2896601026 - Common Stock

23.08  +0.01 (+0.04%)

Technical Rating and Analysis

8

Overall ESBK gets a technical rating of 8 out of 10. Both in the recent history as in the last year, ESBK has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: ESBK has an average volume of 4004 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ESBK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the yearly performance of all stocks, we notice that ESBK is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month ESBK has a been trading in a tight range between 22.88 and 23.09.
Weekly and Daily overview Charts
ESBK Weekly chart
ESBK Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, ESBK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 23.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.06, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

13.22

23.33

We found 3 important support areas.

  • A support zone ranging from 22.76 to 23.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @14.80 from a trend line in the weekly time frame.
  • Support @13.35 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 23.09 to 23.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS96.74
Mansfield3.05
10 Day High23.09
10 Day Low23.04
20 Day High23.09
20 Day Low22.88
52 Week High23.22
52 Week Low12.8
Performance
1 Week0.13%
2 Weeks0.04%
1 Month0.61%
3 Month0.58%
6 Month1.23%
12 Month69.21%
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
RSI(14)63.1
LBB23.03
UBB23.09
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
23.1123.030.08 (0.35%)25.00%
An entry @23.11. This is a Buy Stop order right above the resistance zone.An exit @23.03. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.08 points, which is 0.35%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.09%.

  • 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.
ESBK Daily chart

ELMIRA SAVINGS BANK

NASDAQ:ESBK (5/13/2022, 8:10:00 PM)

23.08

+0.01 (+0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryThrifts & Mortgage Finance
Performance
% Chg0.04%
1 Week0.13%
2 Weeks0.04%
1 Month0.61%
3 Month0.58%
6 Month1.23%
12 Month69.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%0.16%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High23.09
10 Day Low23.04
20 Day High23.09
20 Day Low22.88
52 Week High23.22
52 Week Low12.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.80K
Volume Incr27.82%
Vol(5)4.64K
Vol(50)4.00K