Enerpac Tool Group Corp. engages in the provision of industrial tools, services, technology and solutions. It operates through the Industrial Tools and Services and Other segments. The Industrial Tools and Services segment supplies both products and services to a broad array of end markets, including the industrial, energy, mining, and production automation markets.

The technical analysis of Enerpac Tool Group Corp reveals a higher trend, with the stock stair stepping higher over time. This pattern suggests a series of incremental price advances and potential strength in the market. However, the relative trend of the stock is sideways, indicating some underperformance compared to the broader market.

Investors and analysts will closely monitor Enerpac Tool Group Corp's stock movement to assess if the relative trend improves and aligns with the overall upward trend. The ability of the stock to overcome the underperformance will be crucial in determining its future performance.