EXCELERATE ENERGY INC-A (EE) Technical Analysis
NYSE:EE • US30069T1016
Current stock price
EE Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to EE. 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 EE has a been trading in the 32.84 - 43.17 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When comparing the yearly performance of all stocks, we notice that EE is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- EE is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, EE did better than 41% of them.
- EE 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 EE is lagging the market slightly.
EE Weekly and Daily overview Charts
EE Setup Rating and Analysis
EE has an average technical rating and also 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
EE Support and Resistance Analysis
26.54
We found 4 important support areas.
- A support zone ranging from 32.98 to 32.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 28.96 to 29.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.73 from a trend line in the daily time frame.
- Support @26.81 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.63 to 34.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
EE 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 EE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EE is down. |
| ChartMill Relative Strength | 82.92 | POSITIVE | EE has a high relative strength, it outperformed 82.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.49 | NEUTRAL | The RSI value for EE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests EE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.28 | OVERSOLD | The low Stochastics value suggests EE may be oversold. |
| Average True Range in percent/ATR (20) | 5.89 | HIGH VOLATILITY | The high ATR as a percentage value for EE suggests high volalility. |
| Average Directional Index/ADX (14) | 35.55 | POSITIVE | The high ADX value value for EE suggests a strong trend. |
EE Chart- and CandleStick Pattern Analysis
EE Technicals: Chart, Performance Metrics, Trend & Indicators
32.99
-1.92 (-5.5%)
EXCELERATE ENERGY INC-A / EE TA FAQ
What is the technical rating for EE stock?
ChartMill assigns a technical rating of 5 / 10 to EE.
What is the current trend direction of EXCELERATE ENERGY INC-A (EE) stock?
The current trend direction for EXCELERATE ENERGY INC-A (EE) is Bullish.
What is the RSI signal for EXCELERATE ENERGY INC-A (EE) stock?
EXCELERATE ENERGY INC-A (EE) has an RSI value of 36.4886. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EXCELERATE ENERGY INC-A?
The MACD indicator for EXCELERATE ENERGY INC-A (EE) has a value of -0.571285, indicating a bearish trend.
What is the short term momentum for EE stock?
The short term momentum for EXCELERATE ENERGY INC-A (EE) is negative.