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.
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Green day on Wednesday for ESCO Technologies Inc
(Updated on Mar 27, 2024)

Buy candidate since Mar 21, 2024 Gain 2.10% PDF

The ESCO Technologies Inc stock price gained 2.52% on the last trading day (Wednesday, 27th Mar 2024), rising from $103.34 to $105.94. During the last trading day the stock fluctuated 1.68% from a day low at $104.25 to a day high of $106.00. The price has risen in 6 of the last 10 days and is up by 4.53% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 16 thousand more shares were traded than the day before. In total, 120 thousand shares were bought and sold for approximately $12.75 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -5.75% during the next 3 months and, with a 90% probability hold a price between $88.76 and $104.67 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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ESE Signals & Forecast

Mostly positive signals in the chart today. The ESCO Technologies Inc 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 $102.89 and $101.38. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 8.65%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for ESCO Technologies Inc stock

ESCO Technologies Inc finds support from accumulated volume at $103.76 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 $1.75 between high and low, or 1.68%. For the last week the stock has had daily average volatility of 1.60%.

Our recommended stop-loss: $101.69 (-4.01%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 30 days ago.)

Trading Expectations (ESE) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect ESCO Technologies Inc to open at $105.40, and during the day (based on 14 day Average True Range), to move between $103.85 and $108.03, which gives a possible trading interval of +/-$2.09 (+/-1.97%) up or down from last closing price. If ESCO Technologies Inc takes out the full calculated possible swing range there will be an estimated 3.94% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $103.76 (2.06%) than the resistance at $109.17 (3.05%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is ESCO Technologies Inc stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 4.118 Buy Candidate Unchanged

Predicted Opening Price for ESCO Technologies Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$105.40 ( 0.513%) $105.94

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

Trading levels for ESE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 107.15 1.14 %
R2 106.48 0.508 %
R1 106.07 0.118 %
Current price: 105.94
Support S1 104.73 -1.14 %
S2 104.32 -1.53 %
S3 103.65 -2.16 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 115.17 8.71 %
R2 111.01 4.79 %
R1 109.17 3.05 %
Current price 105.94
Support S1 103.76 -2.06%
S2 101.35 -4.33%
S3 97.74 -7.74%

ESE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 08, 2024 Mar 28, 2024 Apr 16, 2024 $0.0800 0.0755%
2 Nov 16, 2023 Jan 03, 2024 Jan 19, 2024 $0.0800 0.0783%
3 Aug 08, 2023 Oct 02, 2023 Oct 17, 2023 $0.0800 0.0771%
4 May 09, 2023 Jul 03, 2023 Jul 19, 2023 $0.0800 0.0799%
5 Feb 08, 2023 Mar 31, 2023 Apr 18, 2023 $0.0800 0.0832%

FAQ

What is the symbol for ESCO Technologies Inc Stock and on which exchange is it traded?
The symbol for ESCO Technologies Inc is ESE and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell ESCO Technologies Inc Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

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

What's the current price of ESCO Technologies Inc Stock?
As of the end of day on the 2024-03-27, the price of an ESCO Technologies Inc (ESE) share was $105.94.

What is the 52-week high and low for ESCO Technologies Inc Stock?
The 52-week high for ESCO Technologies Inc Stock is $118.29 and the 52-week low is $89.46.

What is the market capitalization of ESCO Technologies Inc Stock?
As of the 2024-03-27, the market capitalization of ESCO Technologies Inc is 2.733B.

When is the next earnings date for ESCO Technologies Inc?
The upcoming earnings date for ESCO Technologies Inc is May 14, 2024.
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About ESCO Technologies Inc

ESCO Technologies ESCO Technologies Inc. produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through Aerospace & Defense, Utility Solutions Group, and RF Shielding and Test segments. The Aerospace & Defense segment designs and manufactures filtration products, including hydraulic filter elements and fluid control devices used in commercial aerospace applications; filter mechanisms used in micro-propuls... ESE Profile

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