NASDAQ:ESGR - Nasdaq - BMG3075P1014 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to ESGR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ESGR is showing a nice and steady performance.
Besides having an excellent technical rating, ESGR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 331.16, a Stop Loss order could be placed below this zone.
315.43
2 important support areas can be observed.
We found 1 important resistance area.
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 |
---|---|---|---|
333.08 | 327.99 | 5.09 (1.53%) | 25.00% |
An entry @333.08. This is a Buy Stop order right above the resistance zone. | An exit @327.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.09 points, which is 1.53%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.38%. |
331.83
+0.63 (+0.19%)