EXCELERATE ENERGY INC-A (EE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EE - US30069T1016 - Common Stock
Overall EE gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EE is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- EE is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 83% of 207 stocks in the same industry.
- A new 52 week high is currently being made by EE, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month EE has a been trading in the 27.48 - 36.09 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that EE is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although EE has an excellent technical rating, it does not offer a high quality setup 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
25.74
When analyzing the support we can see 4 important areas.
- Support @27.75 from a trend line in the weekly time frame.
- Support @27.23 from a trend line in the daily time frame.
- Support @26.50 from a horizontal line in the daily time frame.
- Support @26.00 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.05 to 36.07. 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 EE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EE is up. |
| ChartMill Relative Strength | 86.24 | POSITIVE | EE has a high relative strength, it outperformed 86.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EE is above 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) | 86.52 | OVERBOUGHT | The high RSI value suggests EE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests EE has a positive trend. |
| Stochastics (14,3) | 97.94 | OVERBOUGHT | The high Stochastics value suggests EE may be overbought. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for EE suggests some volalility. |
| Average Directional Index/ADX (14) | 43.01 | POSITIVE | The high ADX value value for EE suggests a strong trend. |
34.9
-1.16 (-3.22%)
EXCELERATE ENERGY INC-A / EE FAQ
What is the technical rating for EE stock?
ChartMill assigns a technical rating of 9 / 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 86.5221. This indicates that the stock is currently overbought.
Can you provide the MACD signal for EXCELERATE ENERGY INC-A?
The MACD indicator for EXCELERATE ENERGY INC-A (EE) has a value of 0.561748, indicating a bearish trend.
What is the short term momentum for EE stock?
The short term momentum for EXCELERATE ENERGY INC-A (EE) is positive.