ESSA BANCORP INC (ESSA) Stock Technical Analysis
NASDAQ:ESSA - Nasdaq - US29667D1046 - Common Stock
Overall ESSA gets a technical rating of 6 out of 10. In the last year, ESSA was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: ESSA has an average volume of 22206 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ESSA 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 ESSA is lagging the market slightly.
In the last month ESSA has a been trading in the 18.51 - 20.66 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, ESSA outperforms 58% of them, which is more or less in line with the market.
ESSA is an average performer in the Banks industry, it outperforms 43% of 405 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ESSA has an average technical rating and the quality of the presented setup is also 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.
More info and screens
16.87
21.19
When analyzing the support we can see 4 important areas.
- A support zone ranging from 19.38 to 19.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.61 to 18.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.15 from a horizontal line in the daily time frame.
- Support @17.04 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.67 to 20.98. 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
CRS58.06
Mansfield0.19
10 Day High20.67
10 Day Low18.51
20 Day High20.67
20 Day Low18.51
52 Week High21.5
52 Week Low15.29
Performance
1 Week7.69%
2 Weeks5.05%
1 Month4.84%
3 Month10.88%
6 Month2.03%
12 Month1.18%
2 Year0.44%
3 Year16.59%
5 Year21.47%
10 Year69.47%
15 Year73.76%
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)0.16
RSI(14)63.63
LBB18.42
UBB20.38
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 |
|---|---|---|---|
| 20.99 | 19.37 | 1.62 (7.72%) | 12.96% |
| An entry @20.99. This is a Buy Stop order right above the resistance zone. | An exit @19.37. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.62 points, which is 7.72%. | When investing 12.96% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
ESSA BANCORP INC
NASDAQ:ESSA (1/22/2025, 11:37:30 AM)
20.3
-0.29 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.41%
1 Week7.69%
2 Weeks5.05%
1 Month4.84%
3 Month10.88%
6 Month2.03%
12 Month1.18%
2 Year0.44%
3 Year16.59%
5 Year21.47%
10 Year69.47%
15 Year73.76%
Volatility
ATR(14)0.56
ATR(20)%2.54%
ATR Inc11.65%
Range Today0.49
ADR(20)0.49
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.06
Mansfield0.19
10 Day High20.67
10 Day Low18.51
20 Day High20.67
20 Day Low18.51
52 Week High21.5
52 Week Low15.29
CS1 End19.87
CR1 Start20.67
Volume & EV
DER(3)-1.89%
DER(5)-0.45%
Volume14.46K
Volume Incr460.9%
Vol(5)94.54K
Vol(50)22.21K