Technical Analysis for ENG - ENGlobal Corporation

Grade Last Price % Change Price Change
F 1.60 -0.62% -0.01
ENG closed down 0.62 percent on Friday, May 31, 2024, on 34 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Bollinger Band Squeeze Range Contraction 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Fell Below 20 DMA Bearish -0.62%
MACD Bearish Signal Line Cross Bearish -0.62%
180 Bearish Setup Bearish Swing Setup -0.62%
1,2,3 Pullback Bullish Bullish Swing Setup -0.62%
Bollinger Band Squeeze Range Contraction -0.62%
Crossed Above 20 DMA Bullish -4.19%
Bollinger Band Squeeze Range Contraction -4.19%

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Profile

ENGlobal Corporation Description

ENGlobal Corporation provides engineering and professional services principally to the energy sector in the United States and internationally. It operates in two segments, Engineering and Construction, and Automation. The Engineering and Construction segment offers services relating to the development, management, and execution of projects requiring professional engineering and related project services primarily to the midstream and downstream sectors of the oil and gas industry, as well as to chemical and petrochemical manufacturers, utilities, and alternative energy developers. Its services include conceptual studies, project definition, cost estimating, engineering design, environmental compliance, material procurement, project management, facility inspection, and construction management. This segment also provides engineering, design, electrical and instrument installation, and operation and maintenance services for facilities to government, public sector, and international facilities. The Automation segment offers services related to the design, fabrication, and implementation of process distributed control and analyzer systems, advanced automation, information technology, and heat tracing projects primarily to the upstream and downstream sectors. This segment also designs, assembles, integrates, and services control and instrumentation systems for specific applications in energy and processing related industries. ENGlobal Corporation was founded in 1985 and is headquartered in Houston, Texas.


Classification

Sector: Industrials
Industry: Engineering & Construction
Keywords: Chemical Project Management Applied Sciences Energy Sector Oil And Gas Industry Alternative Energy Construction Management Specific Applications Tracing Instrumentation Systems Chemical Manufacturers Larsen & Toubro Petrochemical Manufacturers Project Services

Is ENG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 4.56
52 Week Low 1.01
Average Volume 7,445
200-Day Moving Average 1.96
50-Day Moving Average 1.69
20-Day Moving Average 1.66
10-Day Moving Average 1.65
Average True Range 0.09
RSI (14) 43.82
ADX 28.91
+DI 15.40
-DI 11.90
Chandelier Exit (Long, 3 ATRs) 1.49
Chandelier Exit (Short, 3 ATRs) 1.87
Upper Bollinger Bands 1.73
Lower Bollinger Band 1.59
Percent B (%b) 0.1
BandWidth 8.55
MACD Line -0.02
MACD Signal Line -0.01
MACD Histogram -0.0037
Fundamentals Value
Market Cap 8.2 Million
Num Shares 5.13 Million
EPS -4.80
Price-to-Earnings (P/E) Ratio -0.33
Price-to-Sales 0.16
Price-to-Book 3.04
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.63
Resistance 3 (R3) 1.63 1.63 1.63
Resistance 2 (R2) 1.63 1.62 1.63 1.62
Resistance 1 (R1) 1.61 1.61 1.61 1.61 1.62
Pivot Point 1.61 1.61 1.61 1.61 1.61
Support 1 (S1) 1.59 1.60 1.59 1.59 1.58
Support 2 (S2) 1.59 1.59 1.59 1.58
Support 3 (S3) 1.57 1.59 1.58
Support 4 (S4) 1.57