Logo image of ESHA

ESH ACQUISITION CORP-A (ESHA) Stock Technical Analysis

NASDAQ:ESHA - Nasdaq - US2964241044 - Common Stock - Currency: USD

10.77  -0.22 (-2%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to ESHA. Although ESHA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

In the last month ESHA has a been trading in the 10.60 - 11.88 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the performance of all stocks over the past year, ESHA turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
ESHA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ESH ACQUISITION CORP-A / ESHA Weekly stock chart
ESH ACQUISITION CORP-A / ESHA Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is only medium, ESHA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.74, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

10.16

11.14

2 important support areas can be observed.

  • A support zone ranging from 10.51 to 10.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 10.26 to 10.34. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 10.82 to 11.03. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS68.72
Mansfield-0.68
10 Day High11.88
10 Day Low10.73
20 Day High11.88
20 Day Low10.6
52 Week High11.88
52 Week Low10.24
Performance
1 Week-2.09%
2 Weeks-0.28%
1 Month0.84%
3 Month1.13%
6 Month2.87%
12 Month5.09%
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)-0.02
RSI(14)48.37
LBB10.34
UBB11.57
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
11.0410.720.32 (2.90%)25.00%
An entry @11.04. This is a Buy Stop order right above the resistance zone.An exit @10.72. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.32 points, which is 2.90%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%.

  • The distance between exit and entry is rather small compared to the average daily movement of ESHA. Please evaluate whether better entry and exit points can be found.
  • 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.
ESH ACQUISITION CORP-A / ESHA Daily stock chart

ESH ACQUISITION CORP-A

NASDAQ:ESHA (3/4/2025, 8:00:02 PM)

10.77

-0.22 (-2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2%
1 Week-2.09%
2 Weeks-0.28%
1 Month0.84%
3 Month1.13%
6 Month2.87%
12 Month5.09%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%1.98%
ATR Inc-18.63%
Range Today0
ADR(20)0.1
ADR(20)%0.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.72
Mansfield-0.68
10 Day High11.88
10 Day Low10.73
20 Day High11.88
20 Day Low10.6
52 Week High11.88
52 Week Low10.24
CS1 End10.74
CR1 Start10.82
Volume & EV
DER(3)0%
DER(5)-1.33%
Volume100
Volume Incr-97.56%
Vol(5)840
Vol(50)71.55K