EUROPEAN EQUITY FUND INC/THE (EEA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EEA - US2987681028
Overall EEA gets a technical rating of 4 out of 10. Although EEA 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.
Although the technical rating is only medium, EEA 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 10.49, a Stop Loss order could be placed below this zone.
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8.23
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.16 to 10.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.31 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.62 to 11.11. 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 | NEUTRAL | NEUTRAL | The long term trend for EEA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EEA is neutral. |
| ChartMill Relative Strength | 76.4 | POSITIVE | EEA has a high relative strength, it outperformed 76.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EEA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EEA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EEA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.6 | NEUTRAL | The RSI value for EEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EEA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.74 | NEUTRAL | The Stochastics value for EEA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for EEA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.83 | NEGATIVE | The low ADX value for EEA suggests a weak or negative trend. |
NYSE:EEA (11/28/2025, 8:25:23 PM)
10.6
+0.03 (+0.28%)
EUROPEAN EQUITY FUND INC/THE / EEA FAQ
What is the technical rating for EEA stock?
ChartMill assigns a technical rating of 4 / 10 to EEA.
Can you provide the trend direction for EUROPEAN EQUITY FUND INC/THE?
The current trend direction for EUROPEAN EQUITY FUND INC/THE (EEA) is Bearish.
Can you provide the RSI signal for EUROPEAN EQUITY FUND INC/THE?
EUROPEAN EQUITY FUND INC/THE (EEA) has an RSI value of 48.6046. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for EUROPEAN EQUITY FUND INC/THE?
EUROPEAN EQUITY FUND INC/THE (EEA) has a support level at 10.49 and a resistance level at 10.62. Check the full technical report for our detailed analysis of EEA support and resistance levels.