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EBET INC (EBET) Stock Technical Analysis

USA - NASDAQ:EBET - US2787001096 - Common Stock

0.53 USD
-0.05 (-9.06%)
Last: 10/12/2023, 8:00:01 PM
0.2301 USD
-0.3 (-56.58%)
After Hours: 10/12/2023, 8:00:01 PM
Technical Rating and Analysis

0

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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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 132 other stocks in this industry, of which 90% 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.

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Weekly and Daily overview Charts
EBET INC / EBET Weekly stock chart
EBET INC / EBET Daily stock chart
Setup Rating and Analysis

3

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.

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Support and Resistance Analysis

0.52

0.97

We can see 2 important resistance 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.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for EBET is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for EBET is down.
ChartMill Relative Strength0.33NEGATIVEEBET has a low relative strength, it was outperformed by 99.67% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of EBET is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of EBET is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of EBET is below a declining SMA(200).
Relative Strength Index/RSI (14)35.11NEUTRALThe RSI value for EBET is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.06NEGATIVEThe MACD value suggests EBET has a negative trend, although the MACD value is rising.
Stochastics (14,3)9.09OVERSOLDThe low Stochastics value suggests EBET may be oversold.
Average True Range in percent/ATR (20)54.86HIGH VOLATILITYThe high ATR as a percentage value for EBET suggests high volalility.
Average Directional Index/ADX (14)17.88NEGATIVEThe low ADX value for EBET suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)

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EBET INC / EBET Daily stock chart

EBET INC

NASDAQ:EBET (10/12/2023, 8:00:01 PM)

After market: 0.2301 -0.3 (-56.58%)

0.53

-0.05 (-9.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-9.06%
1 Week-12.97%
2 Weeks-65.89%
1 Month-57.43%
3 Month-83.49%
6 Month-95.44%
12 Month-97.92%
2 Year-99.94%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%54.86%
ATR Inc-58.58%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.33
3 months CRSN/A
6 months CRSN/A
Mansfield-9.56
10 Day High1.35
10 Day Low0.38
20 Day High2.49
20 Day Low0.38
52 Week High79.8
52 Week Low0.38
CS1 EndN/A
CR1 Start0.82
Volume & EV
DER(3)8.19%
DER(5)1.6%
Volume8.50M
Volume Incr-94.11%
Vol(5)8.70M
Vol(50)165.34M

EBET INC / EBET FAQ

What is the technical rating for EBET stock?

ChartMill assigns a technical rating of 0 / 10 to EBET.


What is the current trend direction of EBET INC (EBET) stock?

The current trend direction for EBET INC (EBET) is Bearish.


What is the RSI signal for EBET INC (EBET) stock?

EBET INC (EBET) has an RSI value of 35.1127. This indicates that the stock is currently neutral.


What is the short term momentum for EBET INC (EBET) stock?

The short term momentum for EBET INC (EBET) is negative.


What is the support and resistance level for EBET stock?

EBET INC (EBET) has a resistance level at 0.82. Check the full technical report for our detailed analysis of EBET support and resistance levels.