EARGO INC (EAR) Stock Technical Analysis
USA - NASDAQ:EAR - US2700872086 - Common Stock
Taking everything into account, EAR scores 1 out of 10 in our technical rating. EAR'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.
EAR has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
2.52
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.
When analyzing the resistance we notice 2 important areas.
- 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.
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 EAR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EAR is neutral. |
| ChartMill Relative Strength | 9.36 | NEGATIVE | EAR has a low relative strength, it was outperformed by 90.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EAR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EAR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.03 | NEUTRAL | The RSI value for EAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EAR has a negative trend. |
| Stochastics (14,3) | 19.47 | OVERSOLD | The low Stochastics value suggests EAR may be oversold. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for EAR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.9 | NEUTRAL | The ADX value for EAR suggests a possible start of a new trend. |
2.57
-0.11 (-4.1%)
EARGO INC / EAR FAQ
What is the ChartMill technical rating of EARGO INC (EAR) stock?
ChartMill assigns a technical rating of 1 / 10 to EAR.
Can you provide the trend direction for EARGO INC?
The current trend direction for EARGO INC (EAR) is Bearish.
What is the RSI signal for EAR stock?
EARGO INC (EAR) has an RSI value of 41.0337. This indicates that the stock is currently neutral.
What is the MACD signal for EARGO INC (EAR) stock?
The MACD indicator for EARGO INC (EAR) has a value of -0.00984249, indicating a bearish trend.
Can you provide the support and resistance levels for EARGO INC?
EARGO INC (EAR) has a support level at 2.56 and a resistance level at 2.61. Check the full technical report for our detailed analysis of EAR support and resistance levels.