Essent Group: 15-Minute Chart Sees MACD Golden Cross, Bollinger Bands Expand Upward.
ByAinvest
Thursday, Feb 5, 2026 11:51 am ET1min read
ESNT--
Based on the technical analysis of Essent Group's 15-minute chart, a significant bullish signal has been observed. The MACD (Moving Average Convergence Divergence) indicator has formed a Golden Cross, which is a bullish pattern that indicates the short-term moving average has crossed above the long-term moving average. Additionally, the Bollinger Bands have expanded upward, suggesting that the stock price is experiencing increased volatility and that the market trend is being driven by buyers. As a result, there is potential for the stock price to continue rising in the near term.
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