EARGO INC (EAR) Technical Analysis
NASDAQ:EAR • US2700872086
Current stock price
EAR Technical Rating and Analysis
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.
- When comparing the yearly performance of all stocks, EAR is a bad performer in the overall market: 91% of all stocks are doing better.
- EAR is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 67% of 184 stocks in the same industry do better.
- EAR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EAR is lagging the market.
- 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.
EAR Weekly and Daily overview Charts
EAR Setup Rating and Analysis
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.
More info and screens
EAR Support and Resistance Analysis
2.52
When analyzing the support we notice one important 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.
EAR 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 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. |
EAR Chart- and CandleStick Pattern Analysis
EAR Technicals: Chart, Performance Metrics, Trend & Indicators
2.57
-0.11 (-4.1%)
EARGO INC / EAR TA FAQ
What is the ChartMill technical rating of EARGO INC (EAR) stock?
ChartMill assigns a technical rating of 1 / 10 to EAR.
What is the trend direction for EAR stock?
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 short term momentum for EAR stock?
The short term momentum for EARGO INC (EAR) is neutral.
What is the support and resistance level for EAR stock?
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.