RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ENSG
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Red day on Thursday for The Ensign Group stock after losing 0.96%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 01, 2024 Gain 7.86% PDF

The The Ensign Group stock price fell by -0.96% on the last day (Thursday, 28th Mar 2024) from $125.62 to $124.42. During the last trading day the stock fluctuated 2.25% from a day low at $123.98 to a day high of $126.77. The price has risen in 6 of the last 10 days and is up by 2% over the past 2 weeks. Volume has increased on the last day by 158 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 419 thousand shares were bought and sold for approximately $52.12 million.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.86% during the next 3 months and, with a 90% probability hold a price between $134.76 and $143.83 at the end of this 3-month period.

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ENSG Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Monday, March 04, 2024, and so far it has fallen -1.25%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The The Ensign Group stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $123.92 and $122.97. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for The Ensign Group stock

The Ensign Group finds support from accumulated volume at $123.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $2.79 between high and low, or 2.25%. For the last week the stock has had daily average volatility of 1.64%.

Our recommended stop-loss: $120.70 (-2.99%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 18 days ago.)

Trading Expectations (ENSG) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect The Ensign Group to open at $125.06, and during the day (based on 14 day Average True Range), to move between $122.20 and $126.64, which gives a possible trading interval of +/-$2.22 (+/-1.79%) up or down from last closing price. If The Ensign Group takes out the full calculated possible swing range there will be an estimated 3.57% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $124.75 (0.27%) than the support at $123.70 (0.58%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is The Ensign Group stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for The Ensign Group stock to perform well in the short-term.

Current score: 1.201 Buy Candidate Unchanged

Predicted Opening Price for The Ensign Group of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$125.06 ( 0.512%) $124.42

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ENSG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 127.85 2.75 %
R2 126.78 1.90 %
R1 126.12 1.37 %
Current price: 124.42
Support S1 123.99 -0.345 %
S2 123.33 -0.87 %
S3 122.27 -1.73 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 125.99 1.26 %
R2 124.92 0.402 %
R1 124.75 0.265 %
Current price 124.42
Support S1 123.70 -0.579%
S2 122.69 -1.39%
S3 120.78 -2.93%

ENSG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 22, 2024 Mar 27, 2024 Apr 30, 2024 $0.0600 0.0483%
2 Dec 15, 2023 Dec 28, 2023 Jan 31, 2024 $0.0600 0.0530%
3 Sep 15, 2023 Sep 28, 2023 Oct 31, 2023 $0.0600 0.0621%
4 Jun 16, 2023 Jun 29, 2023 Jul 31, 2023 $0.0580 0.0599%
5 Mar 17, 2023 Mar 30, 2023 Apr 28, 2023 $0.0580 0.0597%

FAQ

What is the symbol for The Ensign Group Stock and on which exchange is it traded?
The symbol for The Ensign Group is ENSG and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell The Ensign Group Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for The Ensign Group stock to perform well in the short-term.

How to buy The Ensign Group Stock?
The Ensign Group Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy The Ensign Group Stock.

What's the current price of The Ensign Group Stock?
As of the end of day on the 2024-03-28, the price of an The Ensign Group (ENSG) share was $124.42.

What is the 52-week high and low for The Ensign Group Stock?
The 52-week high for The Ensign Group Stock is $127.57 and the 52-week low is $87.14.

What is the market capitalization of The Ensign Group Stock?
As of the 2024-03-28, the market capitalization of The Ensign Group is 7.05B.

When is the next earnings date for The Ensign Group?
The upcoming earnings date for The Ensign Group is Apr 24, 2024.
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About The Ensign Group

The Ensign Group The Ensign Group, Inc. provides health care services in the post-acute care continuum and other ancillary businesses. The company operates in two segments, Skilled Services and Real Estate. The company offers skilled services, which include short and long-term nursing care services for patients with chronic conditions, prolonged illness, and the elderly; and physical, occupational, and speech therapies and other rehabilitative and healthcare serv... ENSG Profile

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