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Stock Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
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.
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MarketClub’s Trade Triangles for ERII
The long-term trend has been DOWN since Sep 18th, 2023 at 22.88
The intermediate-term trend has been UP since Nov 14th, 2023 at 18.63
The short-term trend has been DOWN since Nov 21st, 2023 at 19.19
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.70 | 19.08 | 18.57 | 18.96 | +0.24 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.93 | 189643 | 2023-11-28 15:59:59 |
| Year High | 10.25 | Year High Date | 2018-08-09 |
| Year Low | 6.17 | Year Low Date | 2018-02-27 |
| 52wk High | 30.76 | 52wk High Date | 2023-07-19 |
| 52wk Low | 14.04 | 52wk Low Date | 2023-10-30 |
| Year End Close | 3.4 | Average Volume | 604,340 |
| Shares Outstanding | 56,518 | Short Interest | 2,447,344 |
| % Institutional | 39 | Market Cap | 580M |
| Assets | 222,661,000M | Liabilities | 28,632,000M |
| P/E Ratio | 69.3333 | Beta | 0.89 |
| Volatility | 61.76 |