EURONET WORLDWIDE INC (EEFT) Stock Technical Analysis
USA - NASDAQ:EEFT - US2987361092 - Common Stock
89.45 USD
+1.54 (+1.75%)
89.45 USD
0 (0%)
Taking everything into account, EEFT scores 0 out of 10 in our technical rating. EEFT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, EEFT is a bad performer in the overall market: 84% of all stocks are doing better.
EEFT is part of the Financial Services industry. There are 101 other stocks in this industry, of which 74% are performing better than EEFT.
EEFT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EEFT has a been trading in the 87.07 - 94.21 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, EEFT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 89.21, a Stop Loss order could be placed below this zone.
More info and screens
86.50
111.55
When analyzing the support we notice one important area.
- A support zone ranging from 87.37 to 89.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 89.70 to 89.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 94.19 to 95.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 98.32 to 98.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @106.56 from a horizontal line in the daily time frame.
- A resistance zone ranging from 109.88 to 110.45. 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 | DOWN | NEGATIVE | The long term trend for EEFT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EEFT is down. |
| ChartMill Relative Strength | 16.15 | NEGATIVE | EEFT has a low relative strength, it was outperformed by 83.85% off all stocks 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) | DOWN | NEGATIVE | The current price of EEFT is below a declining 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) | 42.75 | NEUTRAL | The RSI value for EEFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests EEFT has a positive trend. |
| Stochastics (14,3) | 29 | NEUTRAL | The Stochastics value for EEFT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for EEFT suggests some volalility. |
| Average Directional Index/ADX (14) | 18.2 | 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)
89.45
+1.54 (+1.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.75%
1 Week0.27%
2 Weeks-1.52%
1 Month-4.85%
3 Month-12.17%
6 Month-16.5%
12 Month-10.58%
2 Year12.69%
3 Year18.07%
5 Year-1.81%
10 Year20.73%
15 Year397.22%
Volatility
ATR(14)1.78
ATR(20)%2.01%
ATR Inc-11.41%
Range Today2.08
ADR(20)1.76
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.15
Mansfield-2
10 Day High91.58
10 Day Low87.07
20 Day High94.21
20 Day Low87.07
52 Week High114.25
52 Week Low85.24
CS1 End89.21
CR1 Start89.7
Volume & EV
DER(3)2.48%
DER(5)1.76%
Volume620.80K
Volume Incr-8.84%
Vol(5)789.08K
Vol(50)787.25K