EBET INC (EBET) Technical Analysis
NASDAQ:EBET • US2787001096
Current stock price
EBET Technical Rating and Analysis
Taking everything into account, EBET scores 0 out of 10 in our technical rating. EBET scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, EBET is a bad performer in the overall market: 100% of all stocks are doing better.
- EBET is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, of which 94% are performing better than EBET.
- EBET is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month EBET has a been trading in the 0.38 - 2.49 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- EBET has an average volume of 165339000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
EBET Weekly and Daily overview Charts
EBET Setup Rating and Analysis
The technical rating of EBET is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
EBET Support and Resistance Analysis
0.52
When analyzing the resistance we notice 2 important areas.
- Resistance @0.82 from a trend line in the daily time frame.
- Resistance @0.96 from a trend line in the daily time frame.
EBET 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 | DOWN | NEGATIVE | The long term trend for EBET is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EBET is down. |
| ChartMill Relative Strength | 0.33 | NEGATIVE | EBET has a low relative strength, it was outperformed by 99.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EBET is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EBET is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EBET is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.11 | NEUTRAL | The RSI value for EBET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests EBET has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.09 | OVERSOLD | The low Stochastics value suggests EBET may be oversold. |
| Average True Range in percent/ATR (20) | 54.86 | HIGH VOLATILITY | The high ATR as a percentage value for EBET suggests high volalility. |
| Average Directional Index/ADX (14) | 17.88 | NEGATIVE | The low ADX value for EBET suggests a weak or negative trend. |
EBET Chart- and CandleStick Pattern Analysis
EBET Technicals: Chart, Performance Metrics, Trend & Indicators
0.53
-0.05 (-9.06%)
EBET INC / EBET TA FAQ
What is the technical rating for EBET stock?
ChartMill assigns a technical rating of 0 / 10 to EBET.
Can you provide the trend direction for EBET INC?
The current trend direction for EBET INC (EBET) is Bearish.
Can you provide the RSI signal for EBET INC?
EBET INC (EBET) has an RSI value of 35.1127. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EBET INC?
The short term momentum for EBET INC (EBET) is negative.
What is the buy/sell signal for EBET INC (EBET) stock?
The buy/sell signal for EBET INC (EBET) is sell as both the short term and long term trends are negative.