EMERGENT BIOSOLUTIONS INC (EBS) Stock Technical Analysis
USA - NYSE:EBS - US29089Q1058 - Common Stock
7.94 USD
+0.15 (+1.93%)
8.02 USD
+0.08 (+1.01%)
We assign a technical rating of 7 out of 10 to EBS. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month EBS has a been trading in the 7.45 - 9.66 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
EBS is one of the better performing stocks in the Biotechnology industry, it outperforms 72% of 540 stocks in the same industry.
EBS has an average volume of 1167290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, EBS did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
EBS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EBS is lagging the market.
EBS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.76, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EBS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.44
9.10
We found 3 important support areas.
- A support zone ranging from 7.55 to 7.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.17 to 6.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.49 to 5.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.15 to 8.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.89 to 9.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for EBS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EBS is neutral. |
| ChartMill Relative Strength | 81.03 | POSITIVE | EBS has a high relative strength, it outperformed 81.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EBS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EBS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EBS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.55 | NEUTRAL | The RSI value for EBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests EBS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.8 | NEUTRAL | The Stochastics value for EBS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for EBS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.84 | NEGATIVE | The low ADX value for EBS 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.28 | 7.54 | 0.74 (8.94%) | 11.19% |
| An entry @8.28. This is a Buy Stop order right above the resistance zone. | An exit @7.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.74 points, which is 8.94%. | For a 1.00% total portfolio risk, you can invest 11.19% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.94
+0.15 (+1.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.93%
1 Week-3.52%
2 Weeks4.06%
1 Month-14.16%
3 Month27.65%
6 Month38.81%
12 Month21.22%
2 Year133.53%
3 Year-62.17%
5 Year-92.32%
10 Year-72.13%
15 Year-54%
Volatility
ATR(14)0.39
ATR(20)%4.86%
ATR Inc-17.78%
Range Today0.26
ADR(20)0.38
ADR(20)%4.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.03
Mansfield-0.76
10 Day High8.45
10 Day Low7.45
20 Day High9.66
20 Day Low7.45
52 Week High12.73
52 Week Low4.02
CS1 End7.76
CR1 Start8.15
Volume & EV
DER(3)4.29%
DER(5)3.08%
Volume777.00K
Volume Incr-23.56%
Vol(5)776.50K
Vol(50)1.17M