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ECPG Stock Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom ECPG on November 04, 2024, netting in a 4.01% gain over 1 week

A.I.dvisor
at Tickeron.com
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+4.01% Gain from a Successful pattern Head-and-Shoulders Bottom
ECPG - Encore Capital Group
Tickeron
Ticker: ECPG
Company: Encore Capital Group
Gain: +4.01%
Confirmed: 11/04/24
Succeeded: 11/05/24
Total length: 13 days
On October 23, 2024, A.I.dvisor detected a Head-and-Shoulders Bottom Pattern (Bullish) for Encore Capital Group (ECPG, $45.65). On November 04, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $50.82. 1 day later, on November 05, 2024, ECPG reached the target price resulting in a for traders who took a long position in the stock.

ECPG in upward trend: 10-day moving average crossed above 50-day moving average on November 07, 2024

The 10-day moving average for ECPG crossed bullishly above the 50-day moving average on November 07, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 04, 2024. You may want to consider a long position or call options on ECPG as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

ECPG moved above its 50-day moving average on November 05, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ECPG advanced for three days, in of 299 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 226 cases where ECPG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for ECPG moved out of overbought territory on November 12, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 37 similar instances where the indicator moved out of overbought territory. In of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 62 cases where ECPG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for ECPG turned negative on November 20, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ECPG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ECPG broke above its upper Bollinger Band on November 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ECPG’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 71, placing this stock slightly better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.093) is normal, around the industry mean (4.868). P/E Ratio (113.636) is within average values for comparable stocks, (55.482). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.039). ECPG has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (0.842) is also within normal values, averaging (3.429).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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ECPG
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General Information

a provider of debt management and recovery solutions for consumers and property owners

Industry FinanceRentalLeasing

Profile
Fundamentals
Details
Industry
Finance Or Rental Or Leasing
Address
350 Camino De La Reina
Phone
+1 877 445-4581
Employees
7400
Web
https://www.encorecapital.com