EBANG INTERNATIONAL HLDGS-A (EBON) Stock Technical Analysis
USA - NASDAQ:EBON - KYG3R33A2053 - Common Stock
4.68 USD
-0.27 (-5.45%)
4.73 USD
+0.05 (+1.07%)
Overall EBON gets a technical rating of 7 out of 10. EBON has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
EBON is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 65% of 33 stocks in the same industry do better.
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 21537 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month EBON has a been trading in the 3.71 - 5.05 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, EBON outperforms 47% of them, which is more or less in line with the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EBON has an excellent technical rating, but the quality of the setup is only medium 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
7.01
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.65 to 4.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.95 from a trend line in the daily time frame.
- A support zone ranging from 3.33 to 3.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @4.90 from a trend line in the daily time frame.
- 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 @6.94 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 | 47.56 | 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) | 61.09 | NEUTRAL | The RSI value for EBON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests EBON has a positive trend. |
| Stochastics (14,3) | 83.08 | OVERBOUGHT | The high Stochastics value suggests EBON may be overbought. |
| Average True Range in percent/ATR (20) | 6.21 | HIGH VOLATILITY | The high ATR as a percentage value for EBON suggests high volalility. |
| Average Directional Index/ADX (14) | 25.96 | 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)
4.68
-0.27 (-5.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-5.45%
1 Week14.46%
2 Weeks12.53%
1 Month15.31%
3 Month29.72%
6 Month13.08%
12 Month-21.9%
2 Year-37.73%
3 Year-62.05%
5 Year-98.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%6.21%
ATR Inc81.94%
Range Today0.41
ADR(20)0.28
ADR(20)%6.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.56
Mansfield-1.71
10 Day High5.05
10 Day Low3.88
20 Day High5.05
20 Day Low3.71
52 Week High10.94
52 Week Low3
CS1 End4.66
CR1 Start4.9
Volume & EV
DER(3)-2.15%
DER(5)15.25%
Volume16.88K
Volume Incr132.43%
Vol(5)24.60K
Vol(50)21.54K