EBAY INC (EBAY) Technical Analysis
NASDAQ:EBAY • US2786421030
Current stock price
EBAY Technical Rating and Analysis
Overall EBAY gets a technical rating of 10 out of 10. In the last year, EBAY was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, EBAY did better than 83% of all other stocks. We also observe that the gains produced by EBAY over the past year are nicely spread over this period.
- EBAY is one of the better performing stocks in the Broadline Retail industry, it outperforms 86% of 30 stocks in the same industry.
- EBAY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EBAY is performing more or less in line with the market.
- In the last month EBAY has a been trading in the 78.03 - 94.25 range, which is quite wide. It is currently trading near the high of this range.
- EBAY has an average volume of 5304250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EBAY Weekly and Daily overview Charts
EBAY Setup Rating and Analysis
EBAY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 93.47. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
EBAY Support and Resistance Analysis
74.92
6 important support areas can be observed.
- Support @91.40 from a trend line in the weekly time frame.
- A support zone ranging from 88.60 to 89.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @84.60 from a trend line in the weekly time frame.
- 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 @75.68 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @93.47 from a trend line in the daily time frame.
- A resistance zone ranging from 100.70 to 100.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
EBAY 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 EBAY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EBAY is up. |
| ChartMill Relative Strength | 83.98 | POSITIVE | EBAY has a high relative strength, it outperformed 83.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EBAY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EBAY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EBAY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.93 | NEUTRAL | The RSI value for EBAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests EBAY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.13 | NEUTRAL | The Stochastics value for EBAY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for EBAY suggests some volalility. |
| Average Directional Index/ADX (14) | 16.72 | NEGATIVE | The low ADX value for EBAY suggests a weak or negative trend. |
EBAY Chart- and CandleStick Pattern Analysis
EBAY Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 93.48 | 91.39 | 2.09 (2.24%) | 25.00% |
| An entry @93.48. This is a Buy Stop order right above the resistance zone. | An exit @91.39. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.09 points, which is 2.24%. | For a 0.56% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of EBAY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EBAY Technicals: Chart, Performance Metrics, Trend & Indicators
91.41
+0.07 (+0.08%)
EBAY INC / EBAY TA FAQ
Can you provide the ChartMill technical rating for EBAY INC?
ChartMill assigns a technical rating of 10 / 10 to EBAY.
What is the trend direction for EBAY stock?
The current trend direction for EBAY INC (EBAY) is Bullish.
What is the RSI signal for EBAY stock?
EBAY INC (EBAY) has an RSI value of 54.9335. 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 positive.
What is the support and resistance level for EBAY stock?
EBAY INC (EBAY) has a support level at 91.4 and a resistance level at 93.47. Check the full technical report for our detailed analysis of EBAY support and resistance levels.