Technical Analysis for ERF - Enerplus Corporation
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Very Strong | Up | Up | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Crossed Above 20 DMA | Bullish | 0.99% | |
| Pocket Pivot | Bullish Swing Setup | 0.99% | |
| Multiple of Ten Bullish | Other | 0.99% | |
| 20 DMA Resistance | Bearish | 2.11% | |
| Pocket Pivot | Bullish Swing Setup | 2.11% | |
| Multiple of Ten Bearish | Other | 2.11% | |
| Gapped Down | Weakness | 2.11% | |
| Fell Below 20 DMA | Bearish | 2.62% | |
| Multiple of Ten Bearish | Other | 2.62% | |
| Down 3 Days in a Row | Weakness | 2.62% |
| Alert | Time |
|---|---|
| Rose Above Previous Day's High | 43 minutes ago |
| Up 1% | 43 minutes ago |
| 60 Minute Opening Range Breakout | about 3 hours ago |
| Rose Above 10 DMA | about 3 hours ago |
| 20 DMA Support | about 4 hours ago |
Free Daily (Stock) Chart Reading
- Earnings date: 05/02/2024
Enerplus Corporation Description
Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company holds a portfolio of approximately 177,000 net acres comprising 33,000 net acres in the Montney formation; 73,000 net acres in the Duvernay formation; and 71,000 net acres in the Stacked Mannville. Its property portfolio also include 69,000 net acres located primarily in Dunn and McKenzie counties in North Dakota; and approximately 52,000 net acres located in Pennsylvania, West Virginia, and Maryland. As of December 31, 2012, the company's proved plus probable gross reserves were 341,072 thousand barrels of oil equivalent, including 148,297 million barrels (Mbbls) of light and medium crude oil; 42,496 Mbbls of heavy crude oil; 14,412 Mbbls of natural gas liquids; 590,702 million cubic feet (MMcf) of natural gas; and 224,500 MMcf of shale gas. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.
Classification
Sector: Energy
Industry: Oil & Gas E&P
Keywords: Natural Gas Crude Oil Petroleum Natural Gas Liquids Western Canadian Sedimentary Basin Shale Gas Heavy Crude Oil Duvernay Formation Medium Crude Oil
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 20.965 |
| 52 Week Low | 13.4107 |
| Average Volume | 3,613,060 |
| 200-Day Moving Average | 16.60 |
| 50-Day Moving Average | 18.51 |
| 20-Day Moving Average | 20.03 |
| 10-Day Moving Average | 20.31 |
| Average True Range | 0.39 |
| RSI (14) | 63.10 |
| ADX | 55.86 |
| +DI | 27.45 |
| -DI | 15.99 |
| Chandelier Exit (Long, 3 ATRs) | 19.80 |
| Chandelier Exit (Short, 3 ATRs) | 19.85 |
| Upper Bollinger Bands | 20.97 |
| Lower Bollinger Band | 19.09 |
| Percent B (%b) | 0.56 |
| BandWidth | 9.37 |
| MACD Line | 0.50 |
| MACD Signal Line | 0.65 |
| MACD Histogram | -0.1503 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 20.92 | ||||
| Resistance 3 (R3) | 20.90 | 20.62 | 20.79 | ||
| Resistance 2 (R2) | 20.62 | 20.43 | 20.63 | 20.75 | |
| Resistance 1 (R1) | 20.39 | 20.31 | 20.51 | 20.41 | 20.71 |
| Pivot Point | 20.11 | 20.11 | 20.17 | 20.12 | 20.11 |
| Support 1 (S1) | 19.87 | 19.91 | 19.99 | 19.89 | 19.59 |
| Support 2 (S2) | 19.59 | 19.79 | 19.60 | 19.55 | |
| Support 3 (S3) | 19.36 | 19.59 | 19.51 | ||
| Support 4 (S4) | 19.38 |
