ENCORE ENERGY CORP (EU) Stock Technical Analysis
NASDAQ:EU - Nasdaq - CA29259W7008 - Common Stock - Currency: USD
Taking everything into account, EU scores 1 out of 10 in our technical rating. EU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
96% of all other stocks performed better in the past year than EU.
EU is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, of which 88% are performing better than EU.
EU 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month EU has a been trading in the 1.01 - 1.65 range, which is quite wide. It is currently trading near the high of this range.
EU has an average volume of 2455310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of EU is bad and it also does not present a 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
1.58
3.94
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.61 to 1.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.90 from a trend line in the daily time frame.
- Resistance @3.19 from a trend line in the daily time frame.
- Resistance @3.90 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
CRS4.36
Mansfield-5.18
10 Day High1.65
10 Day Low1.22
20 Day High1.65
20 Day Low1.01
52 Week High5.05
52 Week Low1.01
Performance
1 Week14.29%
2 Weeks32.23%
1 Month15.11%
3 Month-55.06%
6 Month-59.9%
12 Month-64.13%
2 Year-25.23%
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)0.07
RSI(14)56.77
LBB1.08
UBB1.6
1.6
-0.01 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.62%
1 Week14.29%
2 Weeks32.23%
1 Month15.11%
3 Month-55.06%
6 Month-59.9%
12 Month-64.13%
2 Year-25.23%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%8.62%
ATR Inc19.07%
Range Today0.11
ADR(20)0.14
ADR(20)%8.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.36
Mansfield-5.18
10 Day High1.65
10 Day Low1.22
20 Day High1.65
20 Day Low1.01
52 Week High5.05
52 Week Low1.01
CS1 EndN/A
CR1 Start1.61
Volume & EV
DER(3)2.6%
DER(5)3.14%
Volume1.57M
Volume Incr-28.39%
Vol(5)1.58M
Vol(50)2.46M