Technical Analysis for ENG - ENGlobal Corporation

Grade Last Price % Change Price Change
F 1.29 -0.62% -0.01
ENG closed down 0.62 percent on Monday, July 1, 2024, on 20 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Reached Oversold Weakness -0.62%
Wide Bands Range Expansion -0.62%
Gapped Down Weakness -0.62%
Oversold Stochastic Weakness -0.62%
Wide Bands Range Expansion -5.01%
Gapped Up Strength -5.01%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 4 hours ago
Possible Inside Day about 4 hours ago
10 DMA Support 3 days ago
Down 5% 3 days ago
Down 3% 3 days ago

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Profile

ENGlobal Corporation Description

ENGlobal Corporation provides engineering and professional services principally to the energy sector in the United States and internationally. It operates in two segments, Engineering and Construction, and Automation. The Engineering and Construction segment offers services relating to the development, management, and execution of projects requiring professional engineering and related project services primarily to the midstream and downstream sectors of the oil and gas industry, as well as to chemical and petrochemical manufacturers, utilities, and alternative energy developers. Its services include conceptual studies, project definition, cost estimating, engineering design, environmental compliance, material procurement, project management, facility inspection, and construction management. This segment also provides engineering, design, electrical and instrument installation, and operation and maintenance services for facilities to government, public sector, and international facilities. The Automation segment offers services related to the design, fabrication, and implementation of process distributed control and analyzer systems, advanced automation, information technology, and heat tracing projects primarily to the upstream and downstream sectors. This segment also designs, assembles, integrates, and services control and instrumentation systems for specific applications in energy and processing related industries. ENGlobal Corporation was founded in 1985 and is headquartered in Houston, Texas.


Classification

Sector: Industrials
Industry: Engineering & Construction
Keywords: Chemical Project Management Applied Sciences Energy Sector Oil And Gas Industry Alternative Energy Construction Management Specific Applications Tracing Instrumentation Systems Chemical Manufacturers Larsen & Toubro Petrochemical Manufacturers Project Services

Is ENG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.576
52 Week Low 1.01
Average Volume 8,011
200-Day Moving Average 1.84
50-Day Moving Average 1.57
20-Day Moving Average 1.42
10-Day Moving Average 1.32
Average True Range 0.10
RSI (14) 39.39
ADX 42.88
+DI 10.39
-DI 23.85
Chandelier Exit (Long, 3 ATRs) 1.39
Chandelier Exit (Short, 3 ATRs) 1.55
Upper Bollinger Bands 1.66
Lower Bollinger Band 1.18
Percent B (%b) 0.23
BandWidth 33.71
MACD Line -0.08
MACD Signal Line -0.08
MACD Histogram -0.0051
Fundamentals Value
Market Cap 6.62 Million
Num Shares 5.13 Million
EPS -4.80
Price-to-Earnings (P/E) Ratio -0.27
Price-to-Sales 0.16
Price-to-Book 3.04
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.31
Resistance 3 (R3) 1.31 1.30 1.30
Resistance 2 (R2) 1.30 1.30 1.30 1.30
Resistance 1 (R1) 1.30 1.30 1.30 1.30 1.30
Pivot Point 1.29 1.29 1.29 1.29 1.29
Support 1 (S1) 1.29 1.29 1.29 1.29 1.28
Support 2 (S2) 1.28 1.29 1.28 1.28
Support 3 (S3) 1.28 1.28 1.28
Support 4 (S4) 1.28