Esquire Financial's 15min chart shows KDJ Golden Cross, bullish Marubozu pattern.

Tuesday, Apr 22, 2025 3:46 pm ET1min read

According to Esquire Financial's 15-minute chart, a Golden Cross has occurred, along with a Bullish Marubozu at 04/22/2023 15:45. This indicates a shift in the stock price's momentum towards the upside, with potential for further growth. As buyers maintain control of the market, bullish momentum is likely to continue.

On April 22, 2023, at 15:45, Esquire Financial (NASDAQ: ESQ) exhibited a significant bullish signal on its 15-minute chart, with a Golden Cross and a Bullish Marubozu [4]. This pattern indicates a shift in the stock's momentum towards the upside, suggesting potential for further growth. The Bullish Marubozu, characterized by a long white candlestick with no upper shadow and a small or nonexistent lower shadow, signals strong buying pressure throughout the session, suggesting that buyers maintained control from the opening to the closing [1].

Esquire Financial has also received positive analyst ratings, with a consensus rating of Moderate Buy, based on 2 research reports in the past 90 days [2]. The company's average rating score is 2.50, with 1 buy rating and 1 hold rating. The earnings for Esquire Financial are expected to grow by 6.56% in the coming year, from $5.18 to $5.52 per share. The P/E ratio of 17.41 is less expensive than the market average P/E ratio of about 110.73 and the Finance sector average P/E ratio of about 23.76 [2].

Moreover, Esquire Financial has been recognized as a top-performing small community bank for 2024 by S&P Global Market Intelligence [3]. The recognition follows Esquire's record operating results in 2024, highlighting its strong financial performance, risk management, and growth. The company's insider ownership of 18.90% and institutional ownership of 54.66% indicate a high level of trust in the company [2].

The stock's short interest level is bearish, with 4.23% of the float sold short, and a short interest ratio ("days to cover") of 7.4. However, the recent increase in short interest by 23.66% suggests a decrease in investor sentiment [2]. The company's dividend yield of 0.68% is in the bottom 25% of all dividend-paying stocks, but the dividend payout ratio of 12.07% is at a healthy, sustainable level, indicating that Esquire Financial will be able to sustain or increase its dividend [2].

In conclusion, Esquire Financial exhibits strong bullish signals and positive analyst ratings, along with a robust track record of financial performance and growth. Investors should closely monitor the stock's price movement and consider the company's fundamentals before making investment decisions.

References:
[1] https://m.economictimes.com/markets/stocks/news/bullish-momentum-7-stocks-with-white-marubozu-pattern-on-april-17/in-demand/slideshow/120469667.cms
[2] https://www.marketbeat.com/stocks/NASDAQ/ESQ/
[3] https://www.gurufocus.com/news/2786737/esquire-bank-recognized-as-a-bestperforming-us-small-community-bank-of-2024-by-sp-global-market-intelligence-esq-stock-news
[4] https://m.economictimes.com/markets/stocks/news/bullish-momentum-4-stocks-with-white-marubozu-pattern-on-april-16/trend-tracker/slideshow/120366007.cms

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