Logo image of EAR

EARGO INC (EAR) Stock Technical Analysis

NASDAQ:EAR - US2700872086 - Common Stock

2.57 USD
-0.11 (-4.1%)
Last: 2/15/2024, 8:00:01 PM
2.6 USD
+0.03 (+1.17%)
After Hours: 2/15/2024, 8:00:01 PM
Technical Rating and Analysis

1

Overall EAR gets a technical rating of 1 out of 10. EAR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
91% of all other stocks performed better in the past year than EAR.
EAR is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 66% are performing better than EAR.
EAR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EAR has a been trading in the 2.56 - 2.87 range, which is quite wide. It is currently trading near the lows of this range.
Warning: EAR has an average volume of 25026 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
EARGO INC / EAR Weekly stock chart
EARGO INC / EAR Daily stock chart
Setup Rating and Analysis

4

EAR has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

2.52

2.83

We found 1 important support area.

  • A support zone ranging from 2.55 to 2.56. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 2.61 to 2.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 2.76 to 2.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for EAR is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for EAR is neutral.
ChartMill Relative Strength9.36NEGATIVEEAR has a low relative strength, it was outperformed by 90.64% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of EAR is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of EAR is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of EAR is below a declining SMA(200).
Relative Strength Index/RSI (14)41.03NEUTRALThe RSI value for EAR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests EAR has a negative trend.
Stochastics (14,3)19.47OVERSOLDThe low Stochastics value suggests EAR may be oversold.
Average True Range in percent/ATR (20)2.84MEDIUM VOLATILITYThe ATR as a percentage value for EAR suggests some volalility.
Average Directional Index/ADX (14)23.9NEUTRALThe ADX value for EAR suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
EARGO INC / EAR Daily stock chart

EARGO INC

NASDAQ:EAR (2/15/2024, 8:00:01 PM)

After market: 2.6 +0.03 (+1.17%)

2.57

-0.11 (-4.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-4.1%
1 Week-2.28%
2 Weeks-3.02%
1 Month-2.65%
3 Month0%
6 Month-15.18%
12 Month-66.14%
2 Year-97.33%
3 Year-99.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%2.84%
ATR Inc29.17%
Range Today0.08
ADR(20)0.07
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.36
Mansfield-3.83
10 Day High2.84
10 Day Low2.56
20 Day High2.87
20 Day Low2.56
52 Week High7.52
52 Week Low1.47
CS1 End2.56
CR1 Start2.61
Volume & EV
DER(3)-18.33%
DER(5)-15.13%
Volume201.30K
Volume Incr186.72%
Vol(5)45.56K
Vol(50)25.03K