Technical Analysis for ERII - Energy Recovery, Inc.

Grade Last Price % Change Price Change
grade D 8.73 -4.90% -0.45
ERII closed down 4.9 percent on Friday, August 23, 2019, on 1.55 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical ERII trend table...

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -4.90%
Wide Bands Range Expansion -4.90%
Oversold Stochastic Weakness -4.90%
200 DMA Support Bullish -5.11%
Wide Bands Range Expansion -5.11%
Up 3 Days in a Row Strength -5.11%
Up 4 Days in a Row Strength -5.11%

Older signals for ERII ...

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Profile
Energy Recovery, Inc. designs, manufactures, and sells energy recovery devices (ERDs) that harness the reusable energy from industrial fluid flows and pressure cycles in the United States and internationally. Its ERDs comprise energy recovery devices and turbochargers for water desalination; turbochargers designed for low-pressure brackish and high-pressure seawater reverse osmosis systems; and pumps ranging from high-pressure multi- and single-stage centrifugal pumps to circulation and high-speed pumps. The company also offers complete energy recovery systems comprising turbines and industrial pumps for oil and gas operators; and energy generating systems that enable oil and gas operators to capture hydraulic energy and generate electricity from high-pressure fluid flows. Energy Recovery, Inc. sells its products under the ERI, PX, Pressure Exchanger, PX Pressure Exchanger, AquaBold, AquaSpire, IsoBoost, and IsoGen trademarks. It serves engineering, procurement, and construction firms that design and build large desalination plants; and various original equipment manufacturers, which supply equipment and packaged solutions for small to medium-sized desalination plants, as well as oil and gas solutions to mid-stream gas companies. The company markets and sells its products through its sales organization and through authorized, independent sales agents. Energy Recovery, Inc. was founded in 1992 and is headquartered in San Leandro, California.
Energy Chemistry Physical Sciences Electricity Membrane Technology Pump Water Treatment Oil And Gas Operators Filters Reverse Osmosis Desalination Water Desalination
Is ERII a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 12.04
52 Week Low 6.17
Average Volume 229,776
200-Day Moving Average 8.9886
50-Day Moving Average 10.292
20-Day Moving Average 9.7825
10-Day Moving Average 9.085
Average True Range 0.386
ADX 22.34
+DI 20.7265
-DI 33.1446
Chandelier Exit (Long, 3 ATRs ) 10.562
Chandelier Exit (Short, 3 ATRs ) 9.878000000000001
Upper Bollinger Band 11.5001
Lower Bollinger Band 8.0649
Percent B (%b) 0.19
BandWidth 35.115768
MACD Line -0.4792
MACD Signal Line -0.4012
MACD Histogram -0.078
Fundamentals Value
Market Cap 467.71 Million
Num Shares 53.6 Million
EPS 0.03
Price-to-Earnings (P/E) Ratio 291.00
Price-to-Sales 7.83
Price-to-Book 6.68
PEG Ratio 1.05
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.42
Resistance 3 (R3) 9.49 9.34 9.31
Resistance 2 (R2) 9.34 9.16 9.30 9.27
Resistance 1 (R1) 9.03 9.05 8.96 8.96 9.23
Pivot Point 8.88 8.88 8.84 8.84 8.88
Support 1 (S1) 8.57 8.70 8.50 8.50 8.23
Support 2 (S2) 8.42 8.59 8.38 8.19
Support 3 (S3) 8.11 8.42 8.16
Support 4 (S4) 8.04