ENCORE ENERGY CORP (EU) Stock Technical Analysis
NASDAQ:EU - Nasdaq - CA29259W7008 - Common Stock - Currency: USD
Taking everything into account, EU scores 0 out of 10 in our technical rating. EU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, EU is a bad performer in the overall market: 89% of all stocks are doing better.
EU is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, of which 82% are performing better than EU.
EU is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month EU has a been trading in the 3.13 - 3.83 range, which is quite wide. It is currently trading near the lows of this range.
EU has an average volume of 1418850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EU has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.14, a Stop Loss order could be placed below this zone.
More info and screens
3.11
4.48
We found 1 important support area.
- Support @3.14 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 3.56 to 3.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.66 to 3.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @4.04 from a trend line in the weekly time frame.
- Resistance @4.13 from a trend line in the daily time frame.
- A resistance zone ranging from 4.39 to 4.44. 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
CRS11.86
Mansfield-2.49
10 Day High3.75
10 Day Low3.13
20 Day High3.83
20 Day Low3.13
52 Week High5.05
52 Week Low3.02
Performance
1 Week-0.31%
2 Weeks-7.47%
1 Month-10.31%
3 Month-15.04%
6 Month2.55%
12 Month-32.49%
2 Year38.2%
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)42.71
LBB3.08
UBB3.66
ENCORE ENERGY CORP
NASDAQ:EU (2/4/2025, 8:00:02 PM)
After market: 3.2 -0.02 (-0.62%)3.22
+0.04 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.26%
1 Week-0.31%
2 Weeks-7.47%
1 Month-10.31%
3 Month-15.04%
6 Month2.55%
12 Month-32.49%
2 Year38.2%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%6.18%
ATR Inc-22.29%
Range Today0.14
ADR(20)0.18
ADR(20)%5.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.86
Mansfield-2.49
10 Day High3.75
10 Day Low3.13
20 Day High3.83
20 Day Low3.13
52 Week High5.05
52 Week Low3.02
CS1 End3.14
CR1 Start3.56
Volume & EV
DER(3)-5.04%
DER(5)0.88%
Volume1.29M
Volume Incr14.65%
Vol(5)1.77M
Vol(50)1.42M