EUROPEAN BIOTECH ACQUISITI-A (EBAC)
KYG3167F1028 - Common Stock
We assign a technical rating of 8 out of 10 to EBAC. EBAC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, we notice that EBAC is one of the better performing stocks in the market, outperforming 89% of all stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
EBAC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EBAC is lagging the market.
In the last month EBAC has a been trading in the 9.28 - 14.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although EBAC has an excellent technical rating, the quality of the presented setup is not ideal 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
9.55
11.30
2 important support areas can be observed.
- A support zone ranging from 10.02 to 10.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.65 to 9.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.94
Mansfield1.46
10 Day High14.1
10 Day Low9.28
20 Day High14.1
20 Day Low9.28
52 Week High14.1
52 Week Low9.28
Performance
1 Week13.6%
2 Weeks9.92%
1 Month10.36%
3 Month11.79%
6 Month13.03%
12 Month15.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)61.4
LBB9.36
UBB11.37
EUROPEAN BIOTECH ACQUISITI-A
NASDAQ:EBAC (3/2/2023, 7:01:42 PM)
After market: 10.87 -0.32 (-2.86%)11.19
-0.52 (-4.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.44%
1 Week13.6%
2 Weeks9.92%
1 Month10.36%
3 Month11.79%
6 Month13.03%
12 Month15.42%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.76
ATR(20)%5.25%
ATR Inc
Range Today1.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High14.1
10 Day Low9.28
20 Day High14.1
20 Day Low9.28
52 Week High14.1
52 Week Low9.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume83.80K
Volume Incr-28.51%
Vol(5)183.18K
Vol(50)131.73K