EASTERN BANKSHARES INC (EBC) Stock Technical Analysis
NASDAQ:EBC - Nasdaq - US27627N1054 - Common Stock - Currency: USD
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
EBC is part of the Banks industry. There are 397 other stocks in this industry, of which 83% are performing better than EBC.
EBC has an average volume of 1454150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, EBC turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
EBC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month EBC has a been trading in the 13.79 - 15.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EBC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 14.42, a Stop Loss order could be placed below this zone.
More info and screens
14.11
19.05
We found 1 important support area.
- A support zone ranging from 14.25 to 14.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 15.14 to 15.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.77 to 15.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.88 from a horizontal line in the daily time frame.
- A resistance zone ranging from 18.83 to 18.86. 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
CRS41.58
Mansfield-0.53
10 Day High15.85
10 Day Low14.52
20 Day High15.85
20 Day Low13.79
52 Week High19.4
52 Week Low12.66
Performance
1 Week0.8%
2 Weeks-0.13%
1 Month3.78%
3 Month-19.9%
6 Month-17.45%
12 Month9.19%
2 Year39.08%
3 Year-22.5%
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)47.1
LBB14.41
UBB15.68
15.09
-0.18 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.18%
1 Week0.8%
2 Weeks-0.13%
1 Month3.78%
3 Month-19.9%
6 Month-17.45%
12 Month9.19%
2 Year39.08%
3 Year-22.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%4.32%
ATR Inc-32.16%
Range Today0.26
ADR(20)0.59
ADR(20)%3.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.58
Mansfield-0.53
10 Day High15.85
10 Day Low14.52
20 Day High15.85
20 Day Low13.79
52 Week High19.4
52 Week Low12.66
CS1 End14.42
CR1 Start15.14
Volume & EV
DER(3)-1.53%
DER(5)-0.9%
Volume1.09M
Volume Incr-6.64%
Vol(5)1.45M
Vol(50)1.45M