EVERBRIGHT DIGITAL HOLDING L (EDHL) Technical Analysis
NASDAQ:EDHL • KYG322121131
Current stock price
EDHL Technical Rating and Analysis
Overall EDHL gets a technical rating of 1 out of 10. EDHL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, EDHL is a bad performer in the overall market: 100% of all stocks are doing better.
- EDHL is one of the lesser performing stocks in the Media industry. 84% of 91 stocks in the same industry do better.
- In the last month EDHL has a been trading in the 2.43 - 4.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
EDHL Weekly and Daily overview Charts
EDHL Setup Rating and Analysis
EDHL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for EDHL 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
EDHL Support and Resistance Analysis
2.42
When analyzing the support we can see 3 important areas.
- Support @3.01 from a trend line in the daily time frame.
- Support @2.77 from a horizontal line in the daily time frame.
- Support @2.44 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.37 to 3.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.15 from a trend line in the daily time frame.
EDHL 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 | DOWN | NEGATIVE | The long term trend for EDHL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EDHL is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | EDHL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDHL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EDHL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EDHL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.06 | NEUTRAL | The RSI value for EDHL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests EDHL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.84 | NEUTRAL | The Stochastics value for EDHL is a neutral value. |
| Average True Range in percent/ATR (20) | 15.89 | HIGH VOLATILITY | The high ATR as a percentage value for EDHL suggests high volalility. |
| Average Directional Index/ADX (14) | 24.43 | NEUTRAL | The ADX value for EDHL suggests a possible start of a new trend. |
EDHL Chart- and CandleStick Pattern Analysis
EDHL Technicals: Chart, Performance Metrics, Trend & Indicators
3.225
+0.02 (+0.78%)
EVERBRIGHT DIGITAL HOLDING L / EDHL TA FAQ
What is the technical rating for EDHL stock?
ChartMill assigns a technical rating of 1 / 10 to EDHL.
What is the current trend direction of EVERBRIGHT DIGITAL HOLDING L (EDHL) stock?
The current trend direction for EVERBRIGHT DIGITAL HOLDING L (EDHL) is Bearish.
Can you provide the RSI signal for EVERBRIGHT DIGITAL HOLDING L?
EVERBRIGHT DIGITAL HOLDING L (EDHL) has an RSI value of 50.0633. This indicates that the stock is currently neutral.
What is the MACD signal for EVERBRIGHT DIGITAL HOLDING L (EDHL) stock?
The MACD indicator for EVERBRIGHT DIGITAL HOLDING L (EDHL) has a value of 0.0450027, indicating a bearish trend.
Can you provide the support and resistance levels for EVERBRIGHT DIGITAL HOLDING L?
EVERBRIGHT DIGITAL HOLDING L (EDHL) has a support level at 3.01 and a resistance level at 3.37. Check the full technical report for our detailed analysis of EDHL support and resistance levels.