We assign a technical rating of 3 out of 10 to EBAY. Although EBAY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, EBAY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 82.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 81.96, a Stop Loss order could be placed below this zone.
70.98
3 important support areas can be observed.
3 important resistance areas can be observed.
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 | 71.58 | POSITIVE | EBAY has a high relative strength, it outperformed 71.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EBAY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EBAY is below a declining 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) | 41.97 | NEUTRAL | The RSI value for EBAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests EBAY has a positive trend. |
| Stochastics (14,3) | 34.84 | NEUTRAL | The Stochastics value for EBAY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for EBAY suggests some volalility. |
| Average Directional Index/ADX (14) | 20.83 | NEUTRAL | The ADX value for EBAY suggests a possible start of a new trend. |
82.13
+0.13 (+0.16%)
ChartMill assigns a technical rating of 3 / 10 to EBAY.
The current trend direction for EBAY INC (EBAY) is Bearish.
EBAY INC (EBAY) has an RSI value of 41.9674. This indicates that the stock is currently neutral.
EBAY INC (EBAY) has a support level at 81.96 and a resistance level at 82.9. Check the full technical report for our detailed analysis of EBAY support and resistance levels.