Technical Analysis for ERII - Energy Recovery, Inc.

Grade Last Price % Change Price Change
B 19.685 -3.69% -0.76
ERII closed up 1.49 percent on Monday, September 27, 2021, on 1.37 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical ERII trend table...

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish -3.77%
Narrow Range Bar Range Contraction -3.77%
NR7 Range Contraction -3.77%
NR7-2 Range Contraction -3.77%
Fell Below 50 DMA Bearish -2.33%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.33%
Cup with Handle Other -2.33%
NR7 Range Contraction -2.33%
Inside Day Range Contraction -2.33%
Crossed Above 50 DMA Bullish -4.10%
Older End-of-Day Signals for ERII ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 1 ATR about 3 hours ago
Down 3% about 4 hours ago
60 Minute Opening Range Breakdown about 4 hours ago
10 DMA Support about 5 hours ago
Down 2 % about 5 hours ago
View Earlier Intraday Alerts

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Profile

Energy Recovery, Inc. Description

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.


Classification

Sector: Industrials
Industry: Pollution & Treatment Controls
Keywords: Electricity Turbines Membrane Technology Pump Water Treatment Filters Oil And Gas Operators Recovery Systems Desalination Reverse Osmosis Turbocharger Energy Recovery Energy Recovery Systems Usable Energy 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

Indicators

Indicator Value
52 Week High 23.69
52 Week Low 8.12
Average Volume 294,083
200-Day Moving Average 18.28
50-Day Moving Average 20.21
20-Day Moving Average 20.82
10-Day Moving Average 19.97
Average True Range 0.73
ADX 18.02
+DI 26.39
-DI 24.45
Chandelier Exit (Long, 3 ATRs) 20.99
Chandelier Exit (Short, 3 ATRs) 20.83
Upper Bollinger Bands 23.03
Lower Bollinger Band 18.61
Percent B (%b) 0.42
BandWidth 21.23
MACD Line -0.08
MACD Signal Line 0.01
MACD Histogram -0.0897
Fundamentals Value
Market Cap 1.15 Billion
Num Shares 56.1 Million
EPS 0.39
Price-to-Earnings (P/E) Ratio 52.28
Price-to-Sales 5.48
Price-to-Book 3.72
PEG Ratio 1.09
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.80
Resistance 3 (R3) 20.78 20.64 20.74
Resistance 2 (R2) 20.64 20.55 20.65 20.72
Resistance 1 (R1) 20.54 20.49 20.59 20.56 20.70
Pivot Point 20.40 20.40 20.43 20.41 20.40
Support 1 (S1) 20.30 20.31 20.35 20.32 20.18
Support 2 (S2) 20.16 20.25 20.17 20.16
Support 3 (S3) 20.06 20.16 20.14
Support 4 (S4) 20.08