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 11/12/2019 (GMT)

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Londinia

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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

1.6

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

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.

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:

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:

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

Price

	S3	S2	S1	Price	R1	R2	R3
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
Standard	40.83	41.15	41.52	41.84	42.21	42.53	42.90
Camarilla	41.70	41.76	41.83	41.89	41.95	42.02	42.08
Woodie	40.86	41.16	41.55	41.85	42.24	42.54	42.93
Fibonacci	41.15	41.41	41.58	41.84	42.10	42.27	42.53

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	38.65	39.88	41.03	42.26	43.41	44.64	45.79
Camarilla	41.54	41.75	41.97	42.19	42.41	42.63	42.85
Woodie	38.62	39.86	41.00	42.24	43.38	44.62	45.76
Fibonacci	39.88	40.79	41.35	42.26	43.17	43.73	44.64

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.13	35.89	39.07	41.83	45.01	47.77	50.95
Camarilla	40.62	41.16	41.71	42.25	42.80	43.34	43.88
Woodie	33.34	36.00	39.28	41.94	45.22	47.88	51.16
Fibonacci	35.89	38.16	39.56	41.83	44.10	45.50	47.77

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%

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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