Eclipse Resources Corporation (ECR) closed the Thursday at final price of $1.74 after traded 3738257 shares. The average volume was noted at 1118.39K shares while its relative volume was seen at 3.48. Trading volume is usually higher when the price of a security is changing. News about a company’s financial status, products, or plans, whether positive or negative, will usually result in a temporary increase in the trade volume of its stock. Shifts in trade volume can make observed price movements more significant. Higher volume for a stock is an indicator of higher liquidity in the market. For institutional investors who wish to sell a large number of shares of a certain stock, lower liquidity will force them to sell the stock slowly over a longer period of time, to avoid losses due to slippage. Short Ratio of stock is 2.86. Eclipse Resources Corporation is a part of Basic Materials sector and belongs to Independent Oil & Gas industry. The recent session has given its stock price a 41.46% up lead over its 52-week low and showed downward move of -43.78% over its 52-week high.
The 52 week range is a simple technical indicator that lists the highest and lowest price at which a security was sold over preceding 52 weeks (or one year). Investors, especially technical analysts, may use the 52 week range to gauge whether a stock’s current price suggests buying, selling, or taking no-action. Many value investors look for stocks that are at or near their 52 week low, but this metric alone does not indicate whether a stock is under-valued. For example, a stock may near its 52 week low in a price correction after earnings expectations for future quarters were revised. There is no guarantee that when share prices reach a 52 week low, the stock will begin to trade higher – it could break down to an even lower level. However, as 52 Week Range has little to no connection whatsoever with current news or forces affecting companies today, very few investors rely heavily on the metric. Instead, the 52 Week Range is generally used more as a descriptive metric to describe what the stock has done and not what it will do.
The stock price volatility remained at 6.97% in recent month and reaches at 6.89% for the week. Historical statistical volatility is a measure of how much the stock price fluctuated during a given time period. While historical volatility can be indicative of future volatility, it can also differ greatly from future volatility, depending on what was driving the price changes during the past period. Major expected news items are more important drivers of big moves in the stock price in the near future. The Average True Range (ATR) is also a measure of volatility is currently sitting at 0.1
Eclipse Resources Corporation (ECR) stock is more volatile Stock with beta figure of 2.9
Eclipse Resources Corporation stock waking on thin line between bulls and bears tracks and with several factors it’s pulling towards optimistic side to some extend but some take to pessimistic side. So, volatility evaluation is supposed to give some wisdom of how far the stock will fall if the market takes a dive and how high the stock will rise if the bull starts to climb. For this relative risk measurement, ECR has beta value of 2.9.
Once the concept of beta is understood, an investor can intuitively determine whether or not a particular stock has a high or low beta. For example, an established blue chip company in a mature industry with stable earnings will most likely have a much lower beta compared to a start up Biotechnology Company.
The overall market is assigned a beta of 1.0. Stocks that are volatile and move more than the overall market have a beta greater than 1 while stocks with price swings less than the market have a beta less than 1.0. To dig out factors, always good to learn who else owns shares, the institutional owner includes mutual funds and pension funds are major players. They buy or sell in enormous chunks. Whether a stock is in or out of their favor can have a big effect on its price.
Eclipse Resources Corporation (ECR) Stock Price Analysis:
It is a positive indicator for investor portfolio value — when the price of a stock Investor owns goes up in value. On the other side it is not a negative indicator for Investor portfolio value when the price of a stock Investor owns moves down in value. After the giving short look at one day return of Eclipse Resources Corporation it is observed that ECR reported up return of 3.57% in last trading session.
Now we move forward to see the historical returns of Eclipse Resources Corporation which is USA based stock. The stock is currently showing up return of 13.73% throughout last week and witnessed rising return of 32.82% in one month period. The stock price soared 0.58% in three months and declined -29.84% for the last six months trading period.
ECR indicated a yearly negative return of -25.96% while year-to-date (YTD) return printed -27.50% declining outlook. The stock price moved 2.35% off its 50 Day low and changed 41.46% to its 50 Day high.
Moving average of Eclipse Resources Corporation (ECR)
Eclipse Resources Corporation (ECR) stock price traded at a gap of 26.68% from an average price of last twenty days and stands at a distance of 25.16% away from it’s an average price of recent fifty days. Take a look at most-well known 200-day moving average which averages prices over the past 200 days. The 200-day moving average is the standby for long-term investors. At present time the stock is moving -16.34% away to its 200-day moving average. It goes without saying that investors should not rely solely on any one technique. However, applying moving-average strategies in conjunction with portfolio diversification and prudent money management may reduce one’s risk substantially.
Eclipse Resources Corporation (ECR) stock is Overbought or Oversold?
The stock has current RSI value of 75.29. The RSI is a momentum indicator developed by noted technical analyst Welles Wilder. It provides a relative evaluation of the strength of a security’s recent price performance. RSI values range from 0 to 100. Wilder recommended a 14-period smoothing. It is primarily used to attempt to identify overbought or oversold conditions in the trading of an asset.
Traditional reading and handling of the RSI is that it values 70 or above shows that a security is becoming overbought or overvalued. On the other side of RSI values, an RSI reading of 30 or below is commonly interpreted as indicating an oversold or undervalued condition. Some traders, in an attempt to avoid false signals from the RSI, use more extreme RSI values as buy or sell signals, such as RSI readings above 80 to indicate overbought conditions and RSI readings below 20 to indicate oversold conditions. The RSI is often used in conjunction with trend lines, as trend line support or resistance often coincides with support or resistance levels in the RSI reading.