ENDEAVOR GROUP HOLD-CLASS A (EDR) Stock Technical Analysis
NYSE:EDR - New York Stock Exchange, Inc. - US29260Y1091 - Common Stock - Currency: USD
Overall EDR gets a technical rating of 2 out of 10. Although EDR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
EDR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
EDR is one of the better performing stocks in the Entertainment industry, it outperforms 70% of 72 stocks in the same industry.
EDR has an average volume of 2507850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that EDR is one of the better performing stocks in the market, outperforming 75% of all stocks. However, we also see that EDR couldn't keep up this performance in the last couple of months.
EDR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EDR is lagging the market slightly.
EDR 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. There is a resistance zone just above the current price starting at 29.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.87, a Stop Loss order could be placed below this zone.
More info and screens
28.24
29.69
We found 1 important support area.
- A support zone ranging from 28.53 to 28.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 29.26 to 29.40. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for EDR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EDR is down. |
| ChartMill Relative Strength | 75.29 | POSITIVE | EDR has a high relative strength, it outperformed 75.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EDR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EDR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EDR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.14 | NEUTRAL | The RSI value for EDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests EDR has a positive trend. |
| Stochastics (14,3) | 40.96 | NEUTRAL | The Stochastics value for EDR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for EDR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.24 | NEGATIVE | The low ADX value for EDR 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)
29.25
+0.42 (+1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg1.46%
1 Week1.7%
2 Weeks2.52%
1 Month-4.88%
3 Month-6.28%
6 Month4.17%
12 Month14.62%
2 Year22.23%
3 Year-0.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%2.96%
ATR Inc-10.16%
Range Today1.04
ADR(20)0.71
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.29
Mansfield0.19
10 Day High29.6
10 Day Low28.36
20 Day High32.59
20 Day Low28.32
52 Week High35.99
52 Week Low25.07
CS1 End28.87
CR1 Start29.26
Volume & EV
DER(3)1.01%
DER(5)1.46%
Volume38.27M
Volume Incr633.69%
Vol(5)8.63M
Vol(50)2.51M