EVENTBRITE INC-CLASS A (EB) Technical Analysis
NYSE:EB • US29975E1091
Current stock price
EB Technical Rating and Analysis
Taking everything into account, EB scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EB is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that EB is one of the better performing stocks in the market, outperforming 93% of all stocks.
- EB is part of the Entertainment industry. There are 79 other stocks in this industry. EB outperforms 96% of them.
- EB is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- EB has an average volume of 1832980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month EB has a been trading in a tight range between 4.40 and 4.51.
- Volume is considerably higher in the last couple of days.
EB Weekly and Daily overview Charts
EB Setup Rating and Analysis
Although EB has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
EB Support and Resistance Analysis
2.19
3 important support areas can be observed.
- A support zone ranging from 4.39 to 4.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.46 from a trend line in the weekly time frame.
- Support @2.21 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.52 to 4.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
EB 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 | UP | POSITIVE | The long term trend for EB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EB is up. |
| ChartMill Relative Strength | 93.51 | POSITIVE | EB has a high relative strength, it outperformed 93.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.74 | OVERBOUGHT | The high RSI value suggests EB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EB has a positive trend. |
| Stochastics (14,3) | 80.95 | OVERBOUGHT | The high Stochastics value suggests EB may be overbought. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for EB suggests low volalility. |
| Average Directional Index/ADX (14) | 38.01 | POSITIVE | The high ADX value value for EB suggests a strong trend. |
EB Chart- and CandleStick Pattern Analysis
EB Technicals: Chart, Performance Metrics, Trend & Indicators
4.51
+0.07 (+1.58%)
EVENTBRITE INC-CLASS A / EB TA FAQ
What is the ChartMill technical rating of EVENTBRITE INC-CLASS A (EB) stock?
ChartMill assigns a technical rating of 9 / 10 to EB.
What is the trend direction for EB stock?
The current trend direction for EVENTBRITE INC-CLASS A (EB) is Bullish.
Can you provide the RSI signal for EVENTBRITE INC-CLASS A?
EVENTBRITE INC-CLASS A (EB) has an RSI value of 74.7353. This indicates that the stock is currently overbought.
What is the MACD signal for EVENTBRITE INC-CLASS A (EB) stock?
The MACD indicator for EVENTBRITE INC-CLASS A (EB) has a value of 0.00337017, indicating a bearish trend.
What is the buy/sell signal for EVENTBRITE INC-CLASS A (EB) stock?
The buy/sell signal for EVENTBRITE INC-CLASS A (EB) is buy as both the short term and long term trends are positive.