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Energy Recovery - Buy Signals

|Includes: Energy Recovery, Inc. (ERII)

Today I added Energy Recovery (NASDAQ:ERII) to the Barchart Van Meerten Speculative portfolio for excellent current momentum:

Barchart technical indicators:


  • 96% Barchart technical buy signals
  • Trend Spotter buy signals
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 39.952% in the last month
  • Relative Strength Index 71.41%
  • Barchart computes a technical support level at 5.54
  • Recently traded at 6.03 with a 50 day moving average of 5.09