THE ENSIGN GROUP INC.
THE ENSIGN GROUP INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ENSG
ISIN:

THE ENSIGN GROUP INC. - Daily - Technical analysis published on 11/12/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bearish
Technical indicators
39%
11%
50%
My opinion
Bearish under 43.07 USD
My targets
39.70 USD (-6.59%)
36.37 USD (-14.42%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on THE ENSIGN GROUP INC.. As long as you are under the resistance located at 43.07 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 39.70 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 36.37 USD as an objective. Crossing it would then enable sellers to target 26.70 USD. If the resistance 43.07 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
1.6

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The THE ENSIGN GROUP INC. rating is 42.50 USD. On the day, this instrument gained +1.46% and was traded between 41.56 USD and 42.73 USD over the period. The price is currently at +2.26% from its lowest and -0.54% from its highest.

41.56
42.73
42.50

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

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 bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 26.70 36.37 39.70 42.50 43.07 47.70 50.69
Change (%) -37.18% -14.42% -6.59% - +1.34% +12.24% +19.27%
Change -15.80 -6.13 -2.80 - +0.57 +5.20 +8.19
Level Intermediate Minor Major - Major Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard40.8341.1541.5241.8442.2142.5342.90
Camarilla41.7041.7641.8341.8941.9542.0242.08
Woodie40.8641.1641.5541.8542.2442.5442.93
Fibonacci41.1541.4141.5841.8442.1042.2742.53


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard38.6539.8841.0342.2643.4144.6445.79
Camarilla41.5441.7541.9742.1942.4142.6342.85
Woodie38.6239.8641.0042.2443.3844.6245.76
Fibonacci39.8840.7941.3542.2643.1743.7344.64


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.1335.8939.0741.8345.0147.7750.95
Camarilla40.6241.1641.7142.2542.8043.3443.88
Woodie33.3436.0039.2841.9445.2247.8851.16
Fibonacci35.8938.1639.5641.8344.1045.5047.77

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): 49.21
MACD (12,26,9): -0.3300
Directional Movement: 0.13
AROON (14): 7.14
DEMA (21): 41.44
Parabolic SAR (0,02-0,02-0,2): 44.09
Elder Ray (13): 0.01
Super Trend (3,10): 44.46
Zig ZAG (10): 42.53
VORTEX (21): 1.0700
Stochastique (14,3,5): 44.56
TEMA (21): 42.41
Williams %R (14): -47.48
Chande Momentum Oscillator (20): 1.74
Repulse (5,40,3): 1.1200
ROCnROLL: -1
TRIX (15,9): -0.2000
Courbe Coppock: 4.79
MA7: 42.20
MA20: 41.78
MA50: 44.03
MA100: 49.41
MAexp7: 42.18
MAexp20: 42.10
MAexp50: 44.14
MAexp100: 46.90
Price / MA7: +0.71%
Price / MA20: +1.72%
Price / MA50: -3.47%
Price / MA100: -13.99%
Price / MAexp7: +0.76%
Price / MAexp20: +0.95%
Price / MAexp50: -3.72%
Price / MAexp100: -9.38%

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

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