EBANG INTERNATIONAL HLDGS-A (EBON) Stock Technical Analysis
NASDAQ:EBON - Nasdaq - KYG3R33A2053 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to EBON. EBON has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
EBON is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: EBON has an average volume of 18982 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
EBON is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, EBON outperforms 69% of them, which is more or less in line with the market.
EBON is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 54% of 32 stocks in the same industry.
EBON has an average technical rating and it also does not offer a high 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
3.22
7.58
When analyzing the support we can see 2 important areas.
- Support @3.33 from a horizontal line in the weekly time frame.
- Support @3.25 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 5.00 to 5.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.20 to 5.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.71 from a trend line in the weekly time frame.
- Resistance @7.50 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for EBON is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EBON is up. |
| ChartMill Relative Strength | 69.39 | NEUTRAL | EBON is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EBON is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EBON is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EBON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.97 | OVERBOUGHT | The high RSI value suggests EBON may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests EBON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.34 | NEUTRAL | The Stochastics value for EBON is a neutral value. |
| Average True Range in percent/ATR (20) | 7.01 | HIGH VOLATILITY | The high ATR as a percentage value for EBON suggests high volalility. |
| Average Directional Index/ADX (14) | 29.55 | POSITIVE | The high ADX value value for EBON suggests a strong 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)
NASDAQ:EBON (7/18/2025, 11:44:19 AM)
4.83
-0.18 (-3.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-3.59%
1 Week7.28%
2 Weeks43.55%
1 Month37.26%
3 Month50.45%
6 Month-20.85%
12 Month-20.48%
2 Year-46.42%
3 Year-65.92%
5 Year-96.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%7.01%
ATR Inc21.99%
Range Today0.32
ADR(20)0.35
ADR(20)%7.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.39
Mansfield-1.41
10 Day High5.4
10 Day Low3.17
20 Day High5.4
20 Day Low3.17
52 Week High10.94
52 Week Low3
CS1 End3.33
CR1 Start5.07
Volume & EV
DER(3)-10.45%
DER(5)-5.99%
Volume10.21K
Volume Incr106.56%
Vol(5)49.42K
Vol(50)18.98K