Decline depth
-30.5%
From rolling 252-day high of $49.14, 80d ago.
Past the 30% Amber threshold.
-30.5%
from rolling 252-day high of $49.14 set 2026-06-22 · 80d ago
Current
$34.17
Decline depth
-30.5%
Decline σ
6.2σ
TFC
0/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$ESI landed on the list 2026-07-21, down 22.4% from its 52-week high that day — now down -30.5%.
That's 7.9 percentage points deeper than the day it joined.
From the 52-week high as of 2026-07-21 to today. Split-adjusted. Observed, not a forecast.
Structural break signals
ESI qualifies for the Red List on decline depth.
Time-frame continuity
0/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Decline sigma
6.2σ
Drop over the last 20 bars in units of daily volatility (2.37%/day).
Past the ≥6σ Amber threshold.
The structural read
What price action says about ESI.
ESI qualifies for the Red List on decline depth — down -30.5% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown. Depth plus recency: this is the pattern many investors call a falling knife.
Cross-confirmation: decline sigma also reads 6.2σ over 20 bars.
Earnings on file: 2026-07-27. Earnings dates don't affect tiering.
Questions about ESI
What people ask.
Why is ESI on Broken Stocks?
ESI qualifies for the Red List on decline depth. It is down -30.5% from its rolling 252-day high of $49.14, set on 2026-06-22 — 80d ago.
Is ESI a falling knife?
By the most common technical definition — a steep, recent breakdown from a fresh high — yes. ESI is down -30.5% from its 52-week high of $49.14, set 80d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.
Is ESI a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is ESI trading inside its 52-week range?
At $34.17, ESI sits 42.9% of the way from its 52-week low ($22.86) to its 52-week high ($49.25). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has ESI been declining?
The current 30.5% decline accrued over 80d, which annualizes to roughly -139.2% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does ESI compare to its sector?
There are 186 other Basic Materials tickers on Broken Stocks: 84 Red, 52 Amber, 50 Watch, with 17 showing recovering structural signals. Median sector decline is -35.3% — ESI's decline is shallower than the sector median.
Does ESI's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-07-27) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.