THE ENSIGN GROUP INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	ENSG
ISIN:

THE ENSIGN GROUP INC. - Daily - Technical analysis published on 07/26/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 57.57 USD

My targets

59.35 USD (+0.48%)

61.79 USD (+4.60%)

My analysis

THE ENSIGN GROUP INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 57.57 USD. The next resistance located at 59.35 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 61.79 USD. After this resistance, buyers could then target 65.22 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The THE ENSIGN GROUP INC. price is 59.07 USD. The price registered an increase of +0.12% on the session with the lowest point at 58.42 USD and the highest point at 59.35 USD. The deviation from the price is +1.11% for the low point and -0.47% for the high point.

58.42

59.35

59.07

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this THE ENSIGN GROUP INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near horizontal support

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	47.73	53.99	57.57	59.07
Change (%)	-19.20%	-8.60%	-2.54%	-
Change	-11.34	-5.08	-1.50	-
Level	Major	Intermediate	Intermediate	-

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	57.03	57.58	58.29	58.83	59.54	60.09	60.80
Camarilla	58.66	58.77	58.89	59.00	59.12	59.23	59.35
Woodie	57.12	57.62	58.37	58.87	59.63	60.13	60.88
Fibonacci	57.58	58.06	58.35	58.83	59.31	59.61	60.09

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	54.61	55.70	57.24	58.33	59.87	60.96	62.50
Camarilla	58.06	58.30	58.54	58.78	59.02	59.26	59.50
Woodie	54.84	55.81	57.47	58.44	60.10	61.07	62.73
Fibonacci	55.70	56.71	57.33	58.33	59.34	59.96	60.96

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	47.61	50.05	53.48	55.92	59.35	61.79	65.22
Camarilla	55.31	55.84	56.38	56.92	57.46	58.00	58.53
Woodie	48.12	50.30	53.99	56.17	59.86	62.04	65.73
Fibonacci	50.05	52.29	53.67	55.92	58.16	59.54	61.79

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	63.99
MACD (12,26,9):	0.8000
Directional Movement:	0.31
AROON (14):	35.72
DEMA (21):	58.84
Parabolic SAR (0,02-0,02-0,2):	56.10
Elder Ray (13):	0.69
Super Trend (3,10):	54.50
Zig ZAG (10):	59.07
VORTEX (21):	1.0700
Stochastique (14,3,5):	89.95
TEMA (21):	58.91
Williams %R (14):	-8.79
Chande Momentum Oscillator (20):	2.15
Repulse (5,40,3):	2.0700
ROCnROLL:	1
TRIX (15,9):	0.1800
Courbe Coppock:	4.98

MA7:	58.61
MA20:	57.74
MA50:	56.34
MA100:	53.53
MAexp7:	58.61
MAexp20:	57.79
MAexp50:	56.18
MAexp100:	53.64
Price / MA7:	+0.78%
Price / MA20:	+2.30%
Price / MA50:	+4.85%
Price / MA100:	+10.35%
Price / MAexp7:	+0.78%
Price / MAexp20:	+2.21%
Price / MAexp50:	+5.14%
Price / MAexp100:	+10.12%

News

The latest news and videos published on THE ENSIGN GROUP INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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