EURONET WORLDWIDE INC (EEFT) Stock Technical Analysis
NASDAQ:EEFT - Nasdaq - US2987361092 - Common Stock - Currency: USD
Taking everything into account, EEFT scores 7 out of 10 in our technical rating. Although EEFT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
EEFT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, EEFT outperforms 43% of them, which is more or less in line with the market.
EEFT is part of the Financial Services industry. There are 101 other stocks in this industry, EEFT did better than 54% of them.
EEFT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EEFT is lagging the market slightly.
Although EEFT has an excellent technical rating, it does not present a decent entry opportunity 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
118.54
When analyzing the support we can see 4 important areas.
- Support @105.12 from a horizontal line in the daily time frame.
- Support @96.63 from a horizontal line in the daily time frame.
- Support @94.93 from a trend line in the weekly time frame.
- Support @93.18 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 109.20 to 111.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @117.37 from a horizontal line in the weekly time frame.
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 EEFT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EEFT is neutral. |
| ChartMill Relative Strength | 43.69 | NEUTRAL | EEFT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EEFT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EEFT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EEFT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.06 | NEUTRAL | The RSI value for EEFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests EEFT has a negative trend. |
| Stochastics (14,3) | 38.08 | NEUTRAL | The Stochastics value for EEFT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for EEFT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.52 | 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)
105.13
-1.03 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.97%
1 Week-5.36%
2 Weeks-2.93%
1 Month8.62%
3 Month3.69%
6 Month-0.36%
12 Month-8.6%
2 Year-5.63%
3 Year-13.23%
5 Year10.98%
10 Year75.8%
15 Year699.47%
Volatility
ATR(14)2.58
ATR(20)%2.67%
ATR Inc-39.92%
Range Today1.45
ADR(20)2.49
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.69
Mansfield0.1
10 Day High113.17
10 Day Low104.14
20 Day High113.17
20 Day Low97.45
52 Week High117.66
52 Week Low85.24
CS1 End105.12
CR1 Start109.2
Volume & EV
DER(3)-1.59%
DER(5)-0.85%
Volume305.30K
Volume Incr-27.92%
Vol(5)353.92K
Vol(50)486.55K