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(ESNT) Essent Group complete technical analysis [charts+indicators] | Buy/Sell Essent Group | (ESNT) share price targets

Complete technical analysis of Essent Group (ESNT) by charts plus indicators, forecast predictions and share price targets for Essent Group (ESNT)

Essent Group trades in USA in Finance sector.

Showing technical analysis as on 2024-06-04 View latest technical analysis

10 day averaged volume of Essent Group is 448822

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	57.10	57.31	58.21	56.98	0.933 times
03 Mon Jun 2024	57.77	57.41	57.81	56.88	1.205 times
31 Fri May 2024	56.70	56.28	56.70	56.02	1.428 times
30 Thu May 2024	56.37	55.56	56.44	55.56	0.933 times
29 Wed May 2024	55.10	55.04	55.31	54.73	1.065 times
28 Tue May 2024	55.58	56.29	56.58	55.45	1.066 times
24 Fri May 2024	56.19	55.88	56.41	55.87	0.82 times
23 Thu May 2024	55.70	56.35	56.44	55.49	1.052 times
22 Wed May 2024	56.18	56.04	56.66	55.86	0.733 times
21 Tue May 2024	56.30	55.82	56.39	55.82	0.697 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.9, but if it comes below 56.9, then a intra day sell could be more profitable.
If you take a sell trade below 56.9, then use 56.9 as stoploss and 56.35 as target. However if you take a buy trade in stock , then use 56.9 as stoploss and 57.6 as target.

Share price targets for Essent Group (ESNT)

Target Type	Value
Downside Target	50.66
Downside Target	52.31
Downside Target	54.73
Downside Target	56.88
Downside Target	57.00
Upside Target	57.11
Upside Target	58.21
Upside Target	59.51
Upside Target	59.90

Intraday share price targets for Essent Group (ESNT)

Target Type	Value
Downside Intraday Target	56.58
Downside Intraday Target	56.07
Upside Intraday Target	57.91
Upside Intraday Target	58.73
Upside Intraday Target	57.4

Weekly technical analysis of Essent Group (ESNT)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	57.10	57.41	58.21	56.88	0.476 times
31 Fri May 2024	56.70	56.29	56.70	54.73	1.044 times
24 Fri May 2024	56.19	56.66	57.00	55.49	1.054 times
17 Fri May 2024	56.83	57.00	57.11	55.65	0.585 times
10 Fri May 2024	56.73	55.38	56.85	54.90	0.932 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Essent Group (ESNT)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	57.10	57.41	58.21	56.88	0.085 times
31 Fri May 2024	56.70	53.07	57.11	53.03	1.127 times
30 Tue Apr 2024	52.97	59.37	59.51	52.31	0.87 times
28 Thu Mar 2024	59.51	53.46	59.90	53.17	0.973 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Essent Group (ESNT)

Price action analysis of Essent Group ( (ESNT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Essent Group ( (ESNT) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Essent Group ( (ESNT) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Essent Group stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Essent Group in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Essent Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Essent Group in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Essent Group is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.33 and Essent Group (ESNT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Essent Group (ESNT) stock. Volume based technical analysis of Essent Group (ESNT) stock is negative.

Essent Group Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.