EBET INC (EBET) Stock Technical Analysis
NASDAQ:EBET - Nasdaq - US2787001096 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to EBET. EBET's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than EBET.
EBET is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry, of which 95% are performing better than EBET.
EBET is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EBET is lagging the market.
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.
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
0.52
0.97
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.
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. |
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)
0.53
-0.05 (-9.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
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
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