Technical Analysis for ENG - ENGlobal Corporation

Grade Last Price % Change Price Change
grade D 1.0 -0.99% -0.01
ENG closed down 0.99 percent on Thursday, August 13, 2020, on 56 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical ENG trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
1,2,3 Retracement Bearish Bearish Swing Setup -0.99%
Boomer Sell Setup Bearish Swing Setup -0.99%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.99%

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Profile

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.
Energy Information Technology Chemical Maintenance Services Applied Sciences Project Management Oil And Gas Industry Energy Sector Construction Management Larsen & Toubro Instrumentation Systems

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 1.55
52 Week Low 0.4604
Average Volume 372,480
200-Day Moving Average 0.98
50-Day Moving Average 1.10
20-Day Moving Average 1.14
10-Day Moving Average 1.12
Average True Range 0.08
ADX 34.48
+DI 18.94
-DI 21.69
Chandelier Exit (Long, 3 ATRs ) 1.10
Chandelier Exit (Short, 3 ATRs ) 1.22
Upper Bollinger Band 1.34
Lower Bollinger Band 0.95
Percent B (%b) 0.14
BandWidth 34.51
MACD Line -0.02
MACD Signal Line 0.01
MACD Histogram -0.0293
Fundamentals Value
Market Cap 27.21 Million
Num Shares 27.2 Million
EPS -0.07
Price-to-Earnings (P/E) Ratio -14.29
Price-to-Sales 0.56
Price-to-Book 0.94
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.05
Resistance 3 (R3) 1.04 1.03 1.04
Resistance 2 (R2) 1.03 1.02 1.03 1.03
Resistance 1 (R1) 1.01 1.01 1.02 1.02 1.03
Pivot Point 1.00 1.00 1.00 1.00 1.00
Support 1 (S1) 0.98 0.99 0.99 0.99 0.97
Support 2 (S2) 0.97 0.98 0.97 0.97
Support 3 (S3) 0.95 0.97 0.96
Support 4 (S4) 0.96