ENERGY SERVICES OF AMERICA (ESOA) Stock Technical Analysis
NASDAQ:ESOA - Nasdaq - US29271Q1031 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ESOA. ESOA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
ESOA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
ESOA is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 83% of 62 stocks in the same industry.
When compared to the yearly performance of all other stocks, ESOA outperforms 42% of them, which is more or less in line with the market.
In the last month ESOA has a been trading in the 7.64 - 10.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ESOA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.94. Right above this resistance zone may be a good entry point.
More info and screens
7.90
10.78
When analyzing the support we can see 3 important areas.
- Support @8.55 from a trend line in the weekly time frame.
- Support @8.33 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.98 to 8.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.94 to 8.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.00 from a trend line in the daily time frame.
- Resistance @10.67 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.14
Mansfield-0.72
10 Day High9.45
10 Day Low8.05
20 Day High10.19
20 Day Low7.64
52 Week High19.83
52 Week Low5.7
Performance
1 Week1.13%
2 Weeks-6.39%
1 Month-11.76%
3 Month-35.01%
6 Month-17.54%
12 Month24.2%
2 Year346.5%
3 Year257.2%
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)0.04
RSI(14)47.9
LBB7.88
UBB9.41
NASDAQ:ESOA (4/24/2025, 8:05:41 PM)
8.93
+0.16 (+1.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.82%
1 Week1.13%
2 Weeks-6.39%
1 Month-11.76%
3 Month-35.01%
6 Month-17.54%
12 Month24.2%
2 Year346.5%
3 Year257.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%8.65%
ATR Inc-31.74%
Range Today0.46
ADR(20)0.73
ADR(20)%8.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.14
Mansfield-0.72
10 Day High9.45
10 Day Low8.05
20 Day High10.19
20 Day Low7.64
52 Week High19.83
52 Week Low5.7
CS1 End8.55
CR1 Start8.94
Volume & EV
DER(3)2.14%
DER(5)1.2%
Volume82.80K
Volume Incr-57.18%
Vol(5)105.72K
Vol(50)256.74K