EASTERN BANKSHARES INC (EBC)

US27627N1054 - Common Stock

13.04  +0.1 (+0.77%)

After market: 12.95 -0.09 (-0.69%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to EBC. EBC 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.

EBC has an average volume of 1024580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, EBC outperforms 51% of them, which is more or less in line with the market.
EBC is an average performer in the Banks industry, it outperforms 58% of 412 stocks in the same industry.
EBC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EBC is lagging the market slightly.
In the last month EBC has a been trading in the 12.22 - 13.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
EBC Weekly chart
EBC Daily chart
Setup Rating and Analysis

5

EBC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.11. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

10.79

14.93

We found 5 important support areas.

  • A support zone ranging from 12.23 to 12.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @11.96 from a horizontal line in the daily time frame.
  • Support @11.55 from a trend line in the weekly time frame.
  • Support @11.21 from a horizontal line in the weekly time frame.
  • Support @10.90 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 13.11 to 13.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 14.56 to 14.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.63
Mansfield-0.89
10 Day High13.5
10 Day Low12.22
20 Day High13.79
20 Day Low12.22
52 Week High15.07
52 Week Low9.93
Performance
1 Week1.72%
2 Weeks3.41%
1 Month-5.37%
3 Month-6.32%
6 Month16.22%
12 Month11.93%
2 Year-31.94%
3 Year-38.87%
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)0.05
RSI(14)51.32
LBB12.16
UBB13.39
EBC Daily chart

EASTERN BANKSHARES INC

NASDAQ:EBC (4/26/2024, 7:00:02 PM)

After market: 12.95 -0.09 (-0.69%)

13.04

+0.1 (+0.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.77%
1 Week1.72%
2 Weeks3.41%
1 Month-5.37%
3 Month-6.32%
6 Month16.22%
12 Month11.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.39
ATR(20)%2.82%
ATR Inc
Range Today0.49
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 High13.5
10 Day Low12.22
20 Day High13.79
20 Day Low12.22
52 Week High15.07
52 Week Low9.93
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume946.20K
Volume Incr-5.14%
Vol(5)790.74K
Vol(50)1.02M