Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Energy Recovery, Inc. (NASDAQ:ERII)
Bear Market Rally (-75) - ERII is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ERII as it may be in the beginning of a reversal.
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 DOWN since Apr 10th, 2024 at 14.30
The short-term trend has been UP since Apr 23rd, 2024 at 13.79
Smart Scan Analysis for ERII
Based on our trend formula, ERII is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.84 | 14.05 | 13.66 | 13.99 | +0.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.89 | 182946 | 2024-04-24 15:59:43 |
| 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 | 13.41 | 52wk Low Date | 2024-04-18 |
| Year End Close | 3.4 | Average Volume | 336,039 |
| Shares Outstanding | 57,079 | Short Interest | 2,447,344 |
| % Institutional | 39 | Market Cap | 580M |
| Assets | 252,974,000M | Liabilities | 33,166,000M |
| P/E Ratio | 37.5405 | Beta | 0.89 |
| Volatility | 61.76 |