ELEMENT SOLUTIONS INC (ESI)

US28618M1062 - Common Stock

28.56  +0.85 (+3.07%)

After market: 28.56 0 (0%)

Technical Rating and Analysis

10

Overall ESI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ESI is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ESI is one of the better performing stocks in the market, outperforming 80% of all stocks. On top of that, ESI also shows a nice and consistent pattern of rising prices.
ESI is part of the Chemicals industry. There are 84 other stocks in this industry. ESI outperforms 81% of them.
ESI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ESI is lagging the market slightly.
ESI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ESI has an average volume of 1391520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ESI Weekly chart
ESI Daily chart
Setup Rating and Analysis

4

Although ESI has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

23.91

29.19

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 24.64 to 25.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 24.15 to 24.24. This zone is formed by a combination of multiple trend lines in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 28.58 to 28.90. 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
CRS80.37
Mansfield0.22
10 Day High28.88
10 Day Low27.39
20 Day High29.16
20 Day Low26.57
52 Week High29.16
52 Week Low20.31
Performance
1 Week1.13%
2 Weeks-0.94%
1 Month5.86%
3 Month8.88%
6 Month17.29%
12 Month38.57%
2 Year46.01%
3 Year24.88%
5 Year144.31%
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)-0.07
RSI(14)61.56
LBB27.35
UBB29.15
ESI Daily chart

ELEMENT SOLUTIONS INC

NYSE:ESI (11/21/2024, 8:25:09 PM)

After market: 28.56 0 (0%)

28.56

+0.85 (+3.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg3.07%
1 Week1.13%
2 Weeks-0.94%
1 Month5.86%
3 Month8.88%
6 Month17.29%
12 Month38.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.56
ATR(20)%2.14%
ATR Inc
Range Today0.87
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 High28.88
10 Day Low27.39
20 Day High29.16
20 Day Low26.57
52 Week High29.16
52 Week Low20.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.09M
Volume Incr-17.42%
Vol(5)1.41M
Vol(50)1.39M