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Stock Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

Energy Recovery, Inc. (NASDAQ:ERII)

Sidelines Mode (+55) - ERII is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ERII?

MarketClub looks at technical strength and momentum to determine if the timing is right for ERII.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ERII
Open High Low ERII Price Change
14.39 14.84 14.32 14.67 +0.18
Entry Signal

MarketClub’s Trade Triangles for ERII

long term down The long-term trend has been DOWN since Sep 18th, 2023 at 22.88

intermediate term up The intermediate-term trend has been UP since Jul 9th, 2024 at 13.45

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 14.55

Smart Scan Analysis for ERII

Based on our trend formula, ERII is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ERII
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.39 14.84 14.32 14.67 +0.18
Prev. Close Volume Bid Ask Time
14.49 194608 2024-07-23 15:59:36
Year High10.25Year High Date2018-08-09
Year Low6.17Year Low Date2018-02-27
52wk High30.752wk High Date2023-07-31
52wk Low12.2652wk Low Date2024-06-21
Year End Close3.4Average Volume393,080
Shares Outstanding57,330Short Interest2,447,344
% Institutional39Market Cap580M
Assets244,265,000MLiabilities28,228,000M
P/E Ratio42.6176Beta0.89
Volatility61.76
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