EBAY INC (EBAY) Stock Technical Analysis
NASDAQ:EBAY • US2786421030
Overall EBAY gets a technical rating of 2 out of 10. EBAY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- EBAY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- EBAY is part of the Broadline Retail industry. There are 30 other stocks in this industry. EBAY outperforms 72% of them.
- EBAY has an average volume of 5021970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, EBAY outperforms 68% of them, which is more or less in line with the market.
- EBAY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EBAY is lagging the market.
EBAY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 80.84, a Stop Loss order could be placed below this zone.
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73.87
When analyzing the support we can see 3 important areas.
- A support zone ranging from 79.41 to 80.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @77.56 from a horizontal line in the daily time frame.
- Support @74.62 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 87.12 to 88.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 92.38 to 96.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @100.77 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for EBAY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EBAY is down. |
| ChartMill Relative Strength | 68.65 | NEUTRAL | EBAY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EBAY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EBAY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EBAY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.22 | NEUTRAL | The RSI value for EBAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.86 | NEGATIVE | The MACD value suggests EBAY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.04 | NEUTRAL | The Stochastics value for EBAY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for EBAY suggests some volalility. |
| Average Directional Index/ADX (14) | 30.75 | POSITIVE | The high ADX value value for EBAY suggests a strong trend. |
84.75
+2.57 (+3.13%)
EBAY INC / EBAY FAQ
Can you provide the ChartMill technical rating for EBAY INC?
ChartMill assigns a technical rating of 2 / 10 to EBAY.
What is the trend direction for EBAY stock?
The current trend direction for EBAY INC (EBAY) is Bearish.
What is the RSI signal for EBAY stock?
EBAY INC (EBAY) has an RSI value of 45.2156. This indicates that the stock is currently neutral.
What is the short term momentum for EBAY INC (EBAY) stock?
The short term momentum for EBAY INC (EBAY) is negative.
What is the support and resistance level for EBAY stock?
EBAY INC (EBAY) has a support level at 80.84 and a resistance level at 87.12. Check the full technical report for our detailed analysis of EBAY support and resistance levels.