ESSA Bancorp, Inc. ($ESSA): The Good, The Bad, The Ugly (2019-11-20)

REPORTING FOR 2019-11-20 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how ESSA has been trading over the last 2 weeks and the past day especially. On its latest session, ESSA Bancorp, Inc. ($ESSA) opened at 16.91, reaching a high of 17.04 and a low of 16.9 before closing at a price of 16.97. There was a total volume of 11778.

VOLUME INDICATORS FOR ESSA BANCORP, INC. ($ESSA): We saw an accumulation-distribution index of 40.71827, an on-balance volume of -16.91, chaikin money flow of 1.15385 and a force index of 0.0006. There was an ease of movement rating of 0.00012, a volume-price trend of 1.43406 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ESSA BANCORP, INC. ($ESSA): We noted an average true range of 0.13809, bolinger bands of 16.9, an upper bollinger band of 16.9, lower bollinger band of 16.9, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 16.95, high band keltner channel of 16.82, low band keltner channel of 17.08, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 16.9, a donchian channel low band of 16.9, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ESSA BANCORP, INC. ($ESSA): We calculated a Moving Average Convergence Divergence (MACD) of -0.00031, a MACD signal of -0.00013, a MACD difference of -0.00018, a fast Exponential Moving Average (EMA) indicator of 16.9, a slow Exponential Moving Average (EMA) indicator of 16.9, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.77086, a trix of 5.97023, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -1.31881, a KST Oscillator (KST) of 84.64144 and a KST Oscillator (KST Signal) of 84.64144 (leaving a KST difference of -0.14262). We also found an Ichimoku rating of 16.975, an Ichimoku B rating of 16.975, a Ichimoku visual trend A of 15.96443, an Ichimoku visual trend B of 16.2582, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -8.0.

MOMENTUM INDICATORS FOR ESSA BANCORP, INC. ($ESSA): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 99.24745, a stochastic oscillator of 107.69231, a stochastic oscillator signal of 107.69231, a Williams %R rating of 7.69231 and an awesome oscillator of -0.02967.

RETURNS FOR ESSA BANCORP, INC. ($ESSA): There was a daily return of 8.46414, a daily log return of -0.05919 and a cumulative return of -0.05917.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-20 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for ESSA Bancorp, Inc. ($ESSA)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling ESSA Bancorp, Inc. ($ESSA) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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