We assign a technical rating of 2 out of 10 to ESGC. Recently some decent action could be observed, but in the medium term time frame this is still negative. ESGC was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ESGC is a bad performer in the overall market: 88% of all stocks are doing better.
ESGC is part of the Entertainment industry. There are 72 other stocks in this industry, of which 73% are performing better than ESGC.
ESGC is currently trading near the lower end of its 52 week range, which is not a good sign. ESGC is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ESGC has a been trading in the 1.36 - 3.04 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.