NYSE:EE - US30069T1016 - Common Stock
We assign a technical rating of 1 out of 10 to EE. EE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, EE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 23.69, a Stop Loss order could be placed below this zone.
23.09
We found 1 important support area.
We can see 3 important resistance areas.
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 EE is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EE is down. |
ChartMill Relative Strength | 45.02 | NEUTRAL | EE is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of EE is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EE is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 41.54 | NEUTRAL | The RSI value for EE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EE has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 17.5 | OVERSOLD | The low Stochastics value suggests EE may be oversold. |
Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for EE suggests some volalility. |
Average Directional Index/ADX (14) | 37.51 | POSITIVE | The high ADX value value for EE suggests a strong trend. |
23.7
-0.04 (-0.17%)