Technical Analysis for ERII - Energy Recovery, Inc.

Grade Last Price % Change Price Change
D 15.50 0.98% 0.15
ERII closed up 0.98 percent on Wednesday, November 20, 2024, on 1.71 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Down Down

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Calm After Storm Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Wide Bands Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
200 DMA Resistance Bearish 0.98%
MACD Bearish Centerline Cross Bearish 0.98%
Jack-in-the-Box Bearish Bearish Swing Setup 0.98%

   Recent Intraday Alerts

Alert Time
Rose Above Lower Bollinger Band about 22 hours ago
Jack-in-the-Box Bearish Entry about 22 hours ago
Fell Below Previous Day's Low about 22 hours ago
Down 2 % about 22 hours ago
Down 1% about 22 hours ago

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Profile

Energy Recovery, Inc. Description

Energy Recovery, Inc. designs, manufactures, and sells energy recovery devices (ERDs) that harness the reusable energy from industrial fluid flows and pressure cycles in the United States and internationally. Its ERDs comprise energy recovery devices and turbochargers for water desalination; turbochargers designed for low-pressure brackish and high-pressure seawater reverse osmosis systems; and pumps ranging from high-pressure multi- and single-stage centrifugal pumps to circulation and high-speed pumps. The company also offers complete energy recovery systems comprising turbines and industrial pumps for oil and gas operators; and energy generating systems that enable oil and gas operators to capture hydraulic energy and generate electricity from high-pressure fluid flows. Energy Recovery, Inc. sells its products under the ERI, PX, Pressure Exchanger, PX Pressure Exchanger, AquaBold, AquaSpire, IsoBoost, and IsoGen trademarks. It serves engineering, procurement, and construction firms that design and build large desalination plants; and various original equipment manufacturers, which supply equipment and packaged solutions for small to medium-sized desalination plants, as well as oil and gas solutions to mid-stream gas companies. The company markets and sells its products through its sales organization and through authorized, independent sales agents. Energy Recovery, Inc. was founded in 1992 and is headquartered in San Leandro, California.


Classification

Sector: Industrials
Industry: Pollution & Treatment Controls
Keywords: Electricity Turbines Membrane Technology Pump Filter Water Treatment Oil And Gas Operators Desalination Recovery Systems Turbocharger Reverse Osmosis Energy Recovery Systems Usable Energy Water Desalination

Is ERII 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 20.27
52 Week Low 12.26
Average Volume 416,217
200-Day Moving Average 15.50
50-Day Moving Average 17.78
20-Day Moving Average 18.20
10-Day Moving Average 18.14
Average True Range 0.92
RSI (14) 32.89
ADX 22.67
+DI 12.14
-DI 41.76
Chandelier Exit (Long, 3 ATRs) 17.50
Chandelier Exit (Short, 3 ATRs) 17.24
Upper Bollinger Bands 21.14
Lower Bollinger Band 15.26
Percent B (%b) 0.04
BandWidth 32.30
MACD Line -0.38
MACD Signal Line 0.12
MACD Histogram -0.506
Fundamentals Value
Market Cap 876.03 Million
Num Shares 56.5 Million
EPS 0.27
Price-to-Earnings (P/E) Ratio 57.41
Price-to-Sales 7.76
Price-to-Book 4.54
PEG Ratio 1.09
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.60
Resistance 3 (R3) 16.54 16.11 16.41
Resistance 2 (R2) 16.11 15.83 16.14 16.35
Resistance 1 (R1) 15.81 15.66 15.96 15.87 16.29
Pivot Point 15.38 15.38 15.46 15.41 15.38
Support 1 (S1) 15.08 15.10 15.23 15.14 14.71
Support 2 (S2) 14.65 14.93 14.68 14.65
Support 3 (S3) 14.35 14.65 14.59
Support 4 (S4) 14.41