ALLSPRING INCOME OPPORT (EAD) Technical Analysis
NYSEARCA:EAD • US94987B1052
Current stock price
EAD Technical Rating and Analysis
Overall EAD gets a technical rating of 0 out of 10. EAD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, EAD is a bad performer in the overall market: 72% of all stocks are doing better.
- In the last month EAD has a been trading in the 6.24 - 6.82 range, which is quite wide. It is currently trading near the lows of this range.
- EAD 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 EAD is lagging the market slightly.
EAD Weekly and Daily overview Charts
EAD Setup Rating and Analysis
The technical rating of EAD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
EAD Support and Resistance Analysis
6.18
We found 1 important support area.
- Support @6.24 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 6.47 to 6.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.74 to 6.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @6.94 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.06 to 7.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
EAD Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for EAD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EAD is down. |
| ChartMill Relative Strength | 28.04 | NEGATIVE | EAD has a low relative strength, it was outperformed by 71.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EAD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EAD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EAD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 21.53 | OVERSOLD | The low RSI value suggests EAD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EAD has a negative trend. |
| Stochastics (14,3) | 2.09 | OVERSOLD | The low Stochastics value suggests EAD may be oversold. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for EAD suggests low volalility. |
| Average Directional Index/ADX (14) | 37.77 | POSITIVE | The high ADX value value for EAD suggests a strong trend. |
EAD Chart- and CandleStick Pattern Analysis
EAD Technicals: Chart, Performance Metrics, Trend & Indicators
6.25
-0.04 (-0.64%)
ALLSPRING INCOME OPPORT / EAD TA FAQ
What is the ChartMill technical rating of ALLSPRING INCOME OPPORT (EAD) stock?
ChartMill assigns a technical rating of 0 / 10 to EAD.
What is the current trend direction of ALLSPRING INCOME OPPORT (EAD) stock?
The current trend direction for ALLSPRING INCOME OPPORT (EAD) is Bearish.
Can you provide the RSI signal for ALLSPRING INCOME OPPORT?
ALLSPRING INCOME OPPORT (EAD) has an RSI value of 21.5348. This indicates that the stock is currently oversold.
Can you provide the MACD signal for ALLSPRING INCOME OPPORT?
The MACD indicator for ALLSPRING INCOME OPPORT (EAD) has a value of -0.0298604, indicating a bearish trend.
Can you provide the buy/sell signal for ALLSPRING INCOME OPPORT?
The buy/sell signal for ALLSPRING INCOME OPPORT (EAD) is sell as both the short term and long term trends are negative.