Meridian Bncp (EBSB) Technical Analysis
NASDAQ:EBSB
Current stock price
EBSB Technical Rating and Analysis
Overall EBSB gets a technical rating of 10 out of 10. Both in the recent history as in the last year, EBSB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that EBSB is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by EBSB over the past year are nicely spread over this period.
- EBSB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EBSB is performing more or less in line with the market.
- EBSB 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.
EBSB Weekly and Daily overview Charts
EBSB Setup Rating and Analysis
EBSB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
EBSB Support and Resistance Analysis
18.87
We found 5 important support areas.
- A support zone ranging from 24.14 to 24.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.51 to 23.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @21.01 from a trend line in the weekly time frame.
- A support zone ranging from 19.63 to 19.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @25.23 from a horizontal line in the daily time frame.
EBSB 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EBSB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EBSB is up. |
| ChartMill Relative Strength | 88.75 | POSITIVE | EBSB has a high relative strength, it outperformed 88.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EBSB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EBSB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EBSB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.94 | NEUTRAL | The RSI value for EBSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EBSB has a negative trend. |
| Stochastics (14,3) | 63.21 | NEUTRAL | The Stochastics value for EBSB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for EBSB suggests some volalility. |
EBSB Chart- and CandleStick Pattern Analysis
EBSB Example Setup
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 |
|---|---|---|---|
| 25.24 | 24.13 | 1.11 (4.40%) | 22.74% |
| An entry @25.24. This is a Buy Stop order right above the resistance zone. | An exit @24.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.11 points, which is 4.40%. | For a 1.00% total portfolio risk, you can invest 22.74% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of EBSB. Please evaluate whether better entry and exit points can be found.
- 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.
EBSB Technicals: Chart, Performance Metrics, Trend & Indicators
24.15
-0.5 (-2.03%)
Meridian Bncp / EBSB TA FAQ
Can you provide the ChartMill technical rating for Meridian Bncp?
ChartMill assigns a technical rating of 10 / 10 to EBSB.
What is the trend direction for EBSB stock?
The current trend direction for Meridian Bncp (EBSB) is Bullish.
What is the RSI signal for EBSB stock?
Meridian Bncp (EBSB) has an RSI value of 57.9426. This indicates that the stock is currently neutral.
What is the MACD signal for Meridian Bncp (EBSB) stock?
The MACD indicator for Meridian Bncp (EBSB) has a value of -0.0230382, indicating a bearish trend.
What is the support and resistance level for EBSB stock?
Meridian Bncp (EBSB) has a support level at 24.14 and a resistance level at 25.23. Check the full technical report for our detailed analysis of EBSB support and resistance levels.