ELEMENT SOLUTIONS INC (ESI) Stock Technical Analysis
NYSE:ESI - New York Stock Exchange, Inc. - US28618M1062 - Common Stock - Currency: USD
Taking everything into account, ESI scores 4 out of 10 in our technical rating. In the past year, ESI was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
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.
ESI has an average volume of 1335150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ESI turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
ESI is part of the Chemicals industry. There are 85 other stocks in this industry, ESI did better than 69% of them.
ESI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ESI is lagging the market.
In the last month ESI has a been trading in the 24.80 - 27.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ESI has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
23.28
29.62
We found 4 important support areas.
- A support zone ranging from 25.88 to 26.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.88 to 25.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.24 from a horizontal line in the daily time frame.
- Support @23.52 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @28.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 29.04 to 29.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.18
Mansfield-0.46
10 Day High27.7
10 Day Low25.17
20 Day High27.7
20 Day Low24.8
52 Week High29.78
52 Week Low23.09
Performance
1 Week1.57%
2 Weeks3.35%
1 Month1.18%
3 Month-8.75%
6 Month1.03%
12 Month13.3%
2 Year29.02%
3 Year7.81%
5 Year155.05%
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)0.18
RSI(14)55.05
LBB24.58
UBB27.37
26.5
-0.59 (-2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-2.18%
1 Week1.57%
2 Weeks3.35%
1 Month1.18%
3 Month-8.75%
6 Month1.03%
12 Month13.3%
2 Year29.02%
3 Year7.81%
5 Year155.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%2.4%
ATR Inc35.14%
Range Today1.13
ADR(20)0.6
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.18
Mansfield-0.46
10 Day High27.7
10 Day Low25.17
20 Day High27.7
20 Day Low24.8
52 Week High29.78
52 Week Low23.09
CS1 End26.23
CR1 Start28.58
Volume & EV
DER(3)-4.61%
DER(5)-0.56%
Volume1.69M
Volume Incr50.93%
Vol(5)1.88M
Vol(50)1.34M