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ESE ENTERTAINMENT INC (ESE.CA) Stock Technical Analysis

TSX-V:ESE - TSX Venture Exchange - CA26906P1045 - Common Stock - Currency: CAD

0.08  +0.01 (+6.67%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to ESE. ESE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

ESE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that ESE is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ESE is part of the Entertainment industry. There are 13 other stocks in this industry, ESE did better than 66% of them.
In the last month ESE has a been trading in the 0.07 - 0.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ESE ENTERTAINMENT INC / ESE Weekly stock chart
ESE ENTERTAINMENT INC / ESE Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is only medium, ESE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.07, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.06

0.10

2 important support areas can be observed.

  • A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.10 from a horizontal line in the daily time frame.
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
CRS73.27
Mansfield-1.71
10 Day High0.08
10 Day Low0.07
20 Day High0.09
20 Day Low0.07
52 Week High0.15
52 Week Low0.05
Performance
1 Week14.29%
2 Weeks23.08%
1 Month6.67%
3 Month14.29%
6 Month6.67%
12 Month14.29%
2 Year-80.95%
3 Year-92.59%
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)61.76
LBB0.06
UBB0.08
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
0.100.060.04 (45.00%)2.22%
An entry @0.10. This is a Buy Stop order right above the resistance zone.An exit @0.06. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.04 points, which is 45.00%.When investing 2.22% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
ESE ENTERTAINMENT INC / ESE Daily stock chart

ESE ENTERTAINMENT INC

TSX-V:ESE (2/21/2025, 7:00:00 PM)

0.08

+0.01 (+6.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg6.67%
1 Week14.29%
2 Weeks23.08%
1 Month6.67%
3 Month14.29%
6 Month6.67%
12 Month14.29%
2 Year-80.95%
3 Year-92.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%8.28%
ATR Inc-20%
Range Today0.01
ADR(20)0.01
ADR(20)%7.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.27
Mansfield-1.71
10 Day High0.08
10 Day Low0.07
20 Day High0.09
20 Day Low0.07
52 Week High0.15
52 Week Low0.05
CS1 End0.07
CR1 Start0.09
Volume & EV
DER(3)-43.86%
DER(5)-35.2%
Volume60.63K
Volume Incr-48.77%
Vol(5)45.22K
Vol(50)69.54K