ESS Swing Trading Score

3

24

15

Explosive Bullish
  • AI analysis rates ESS with  the highest swing trading score of 5.
  • It is mainly due to  the positive AI swing signal,along with the relatively low short-term volatility.
  • Furthermore, based on historical backtesting, when entering with a swing trading score of 5 and exiting with a score of 1, resulted in 21 trades with a 61.9% win rate and an average profit/loss of 4.26%.

ESS Historical Swing Trading Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

ESS Swing Trading Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of ESS from 2007/01 till Now

103.83%
Cumulative Return
4.19%
Annual Return
23.72%
Volatility
0.18
Sharpe Ratio

Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from January, 2007 to May, 2024. (Total Trades: 132)

ESSSectorUS Overall Market
Wining Rate49%45%43%
Avg Return0.8%0.8%2.3%
Avg Profit5.7%8.4%15.2%
Avg Loss-3.9%-5.5%-7.5%
Avg Risk-Reward Ratio145.9%153.1%203.6%

Update to 2024/5/18 (Daily Update)

Top 10 High Relevance to ESS Swing Trading Score