ERII
Energy Recovery·NASDAQ
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6.35 / 10
Outperform
Technically, ERII scores 6.35/10, reflecting a strong bullish bias. Key positive indicators include MACD Golden Cross (8.01/10), Marubozu White (7.29/10), and WR Oversold (6.36/10), all contributing to an optimistic outlook. Bullish Engulfing (5.73/10) adds support, while MACD Death Cross (4.35/10) is the sole bearish factor. The recent indicator mix shows two bullish versus zero bearish signals, reinforcing momentum. Historical back-tests indicate moderate to high confidence levels (57-70%) for these patterns, suggesting the current technical setup is reliable for short-term traders.
Analysis Checks(4/5)
WR Oversold
Score6.36/10
Win Rate57.14%
Hist. Signals28
Avg Return0.71%
Score6.36/10
Win Rate57.14%
Hist. Signals28
Avg Return0.71%
MACD Golden Cross
Score8.01/10
Win Rate70.00%
Hist. Signals10
Avg Return1.36%
Score8.01/10
Win Rate70.00%
Hist. Signals10
Avg Return1.36%
Marubozu White
Score7.29/10
Win Rate64.29%
Hist. Signals14
Avg Return1.37%
Score7.29/10
Win Rate64.29%
Hist. Signals14
Avg Return1.37%
MACD Death Cross
Score4.35/10
Win Rate60.00%
Hist. Signals10
Avg Return-1.64%
Score4.35/10
Win Rate60.00%
Hist. Signals10
Avg Return-1.64%
Bullish Engulfing
Score5.73/10
Win Rate60.00%
Hist. Signals10
Avg Return-0.20%
Score5.73/10
Win Rate60.00%
Hist. Signals10
Avg Return-0.20%
WR Oversold
Score6.36/10
Win Rate57.14%
Hist. Signals28
Avg Return0.71%
Score6.36/10
Win Rate57.14%
Hist. Signals28
Avg Return0.71%
MACD Death Cross
Score4.35/10
Win Rate60.00%
Hist. Signals10
Avg Return-1.64%
Score4.35/10
Win Rate60.00%
Hist. Signals10
Avg Return-1.64%
MACD Golden Cross
Score8.01/10
Win Rate70.00%
Hist. Signals10
Avg Return1.36%
Score8.01/10
Win Rate70.00%
Hist. Signals10
Avg Return1.36%
Bullish Engulfing
Score5.73/10
Win Rate60.00%
Hist. Signals10
Avg Return-0.20%
Score5.73/10
Win Rate60.00%
Hist. Signals10
Avg Return-0.20%
Marubozu White
Score7.29/10
Win Rate64.29%
Hist. Signals14
Avg Return1.37%
Score7.29/10
Win Rate64.29%
Hist. Signals14
Avg Return1.37%
Technical Analysis of ERII?
- ERII presents a Outperform setup with a Technical Score of 6.35/10. Key technical indicators highlight an RSI of 66.30 and a MACD of 0.20, with the trend anchored by the 50-Day SMA at 14.37. Traders should monitor key support at 14.89 and resistance at 15.30.
