EURONET WORLDWIDE INC (EEFT) Stock Technical Analysis
NASDAQ:EEFT - Nasdaq - US2987361092 - Common Stock - Currency: USD
Taking everything into account, EEFT scores 2 out of 10 in our technical rating. EEFT 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, EEFT outperforms 40% of them, which is more or less in line with the market.
EEFT is part of the Financial Services industry. There are 100 other stocks in this industry, EEFT did better than 52% of them.
EEFT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EEFT is lagging the market.
In the last month EEFT has a been trading in the 97.66 - 109.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of EEFT is bad and it also does not present a 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
92.25
113.87
We found 2 important support areas.
- Support @96.93 from a trend line in the weekly time frame.
- Support @93.18 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 103.39 to 104.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 106.52 to 106.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @109.88 from a horizontal line in the daily time frame.
- A resistance zone ranging from 111.87 to 112.74. 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 | NEUTRAL | NEUTRAL | The long term trend for EEFT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EEFT is down. |
| ChartMill Relative Strength | 40.57 | NEUTRAL | EEFT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EEFT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EEFT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EEFT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.68 | NEUTRAL | The RSI value for EEFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests EEFT has a negative trend. |
| Stochastics (14,3) | 27.56 | NEUTRAL | The Stochastics value for EEFT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for EEFT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.64 | NEGATIVE | The low ADX value for EEFT suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
99.85
-2.88 (-2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-2.8%
1 Week-6.51%
2 Weeks-1.51%
1 Month-7.31%
3 Month5.44%
6 Month0.33%
12 Month-1.93%
2 Year13.63%
3 Year1.61%
5 Year3.86%
10 Year45.77%
15 Year535.99%
Volatility
ATR(14)2.6
ATR(20)%2.74%
ATR Inc-9.07%
Range Today2.87
ADR(20)2.67
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.57
Mansfield-0.88
10 Day High107.91
10 Day Low99.83
20 Day High109.53
20 Day Low97.66
52 Week High114.25
52 Week Low85.24
CS1 End96.93
CR1 Start103.39
Volume & EV
DER(3)-4.37%
DER(5)-1.91%
Volume319.10K
Volume Incr-26.3%
Vol(5)320.04K
Vol(50)412.59K