ELECTRONIC ARTS INC (EA) Stock Technical Analysis
NASDAQ:EA - Nasdaq - US2855121099 - Common Stock - Currency: USD
Taking everything into account, EA scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EA is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month EA has a been trading in the 141.19 - 152.21 range, which is quite wide. It is currently trading near the high of this range.
EA has an average volume of 3237570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, EA turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
EA is an average performer in the Entertainment industry, it outperforms 56% of 72 stocks in the same industry.
EA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EA is lagging the market.
Although the technical rating is only medium, EA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 148.35, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
117.18
154.36
5 important support areas can be observed.
- A support zone ranging from 146.52 to 148.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 141.93 to 143.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @136.24 from a trend line in the daily time frame.
- Support @129.12 from a horizontal line in the daily time frame.
- Support @118.36 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @152.83 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EA is up. |
| ChartMill Relative Strength | 63.8 | NEUTRAL | EA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.46 | NEUTRAL | The RSI value for EA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests EA has a positive trend. |
| Stochastics (14,3) | 88.39 | OVERBOUGHT | The high Stochastics value suggests EA may be overbought. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for EA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.11 | NEGATIVE | The low ADX value for EA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 152.84 | 146.51 | 6.33 (4.14%) | 24.15% |
| An entry @152.84. This is a Buy Stop order right above the resistance zone. | An exit @146.51. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.33 points, which is 4.14%. | For a 1.00% total portfolio risk, you can invest 24.15% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
151.1
+2.62 (+1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg1.76%
1 Week2.85%
2 Weeks3.58%
1 Month-0.29%
3 Month4.71%
6 Month2.23%
12 Month8.66%
2 Year16.5%
3 Year24.21%
5 Year14.43%
10 Year127.22%
15 YearN/A
Volatility
ATR(14)2.76
ATR(20)%1.77%
ATR Inc3.22%
Range Today3.39
ADR(20)2.64
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.8
Mansfield-0.09
10 Day High151.18
10 Day Low144.67
20 Day High152.21
20 Day Low141.19
52 Week High168.5
52 Week Low115.21
CS1 End148.35
CR1 Start152.83
Volume & EV
DER(3)1.88%
DER(5)2.25%
Volume2.62M
Volume Incr-26.93%
Vol(5)2.45M
Vol(50)3.24M