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 8 out of 10. Although EE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, EE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 27.02, a Stop Loss order could be placed below this zone.
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24.99
We found 2 important support areas.
- A support zone ranging from 26.84 to 27.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.24 to 25.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @30.67 from a trend line in the weekly time frame.
- A resistance zone ranging from 32.33 to 32.38. 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 | 65.29 | NEUTRAL | EE is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of EE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.1 | NEUTRAL | The RSI value for EE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests EE has a positive trend. |
| Stochastics (14,3) | 92.16 | OVERBOUGHT | The high Stochastics value suggests EE may be overbought. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for EE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.93 | NEGATIVE | The low ADX value for EE suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 29.34 | 25.77 | 3.57 (12.17%) | 8.22% |
| An entry @29.34. This is a Buy Stop order right above the 10 day high. | An exit @25.77. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.57 points, which is 12.17%. | When investing 8.22% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
28.67
-0.19 (-0.66%)
EXCELERATE ENERGY INC-A / EE FAQ
What is the technical rating for EE stock?
ChartMill assigns a technical rating of 8 / 10 to EE.
Can you provide the trend direction for EXCELERATE ENERGY INC-A?
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 62.1029. This indicates that the stock is currently neutral.
What is the MACD signal for EE stock?
The MACD indicator for EXCELERATE ENERGY INC-A (EE) has a value of 0.155724, indicating a bearish trend.
Can you provide the short term momentum for EXCELERATE ENERGY INC-A?
The short term momentum for EXCELERATE ENERGY INC-A (EE) is positive.