ELECTRONIC ARTS INC (EA) Stock Technical Analysis
NASDAQ:EA - Nasdaq - US2855121099 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to EA. In the last year, EA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
In the last month EA has a been trading in the 143.45 - 160.70 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
EA is one of the better performing stocks in the Entertainment industry, it outperforms 71% of 71 stocks in the same industry.
EA has an average volume of 3323580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, EA did better than 82% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
EA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EA is lagging the market slightly.
EA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 146.52, a Stop Loss order could be placed below this zone.
More info and screens
117.18
156.00
When analyzing the support we can see 6 important areas.
- A support zone ranging from 145.29 to 146.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @142.98 from a trend line in the daily time frame.
- A support zone ranging from 134.80 to 135.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @132.52 from a horizontal 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 @154.46 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 | NEUTRAL | NEUTRAL | The short term trend for EA is neutral. |
| ChartMill Relative Strength | 82.66 | POSITIVE | EA has a high relative strength, it outperformed 82.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EA is below the rising 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) | 47.22 | NEUTRAL | The RSI value for EA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.8 | NEGATIVE | The MACD value suggests EA has a negative trend. |
| Stochastics (14,3) | 10.72 | OVERSOLD | The low Stochastics value suggests EA may be oversold. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for EA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.95 | 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 |
|---|---|---|---|
| 149.32 | 146.45 | 2.87 (1.92%) | 25.00% |
| An entry @149.32. This is a Buy Stop order right above the 10 day moving average. | An exit @146.45. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.87 points, which is 1.92%. | For a 0.48% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of EA. Please evaluate whether better entry and exit points can be found.
- 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.
146.89
+0.26 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.18%
1 Week-3.07%
2 Weeks-4.18%
1 Month0.2%
3 Month12.17%
6 Month-11.87%
12 Month8.76%
2 Year14.76%
3 Year5.94%
5 Year19.54%
10 Year134.05%
15 YearN/A
Volatility
ATR(14)3.31
ATR(20)%2.37%
ATR Inc-17.5%
Range Today1.47
ADR(20)3.31
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.66
Mansfield0.01
10 Day High153.8
10 Day Low146.46
20 Day High160.7
20 Day Low143.45
52 Week High168.5
52 Week Low115.21
CS1 End146.52
CR1 Start154.46
Volume & EV
DER(3)-1.26%
DER(5)-0.53%
Volume2.11M
Volume Incr-3.44%
Vol(5)3.15M
Vol(50)3.32M