EURONET WORLDWIDE INC (EEFT) Stock Technical Analysis
NASDAQ:EEFT • US2987361092
We assign a technical rating of 0 out of 10 to EEFT. EEFT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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 one of the lesser performing stocks in the Financial Services industry. 67% of 97 stocks in the same industry do better.
- 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 64.34 - 75.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EEFT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 67.96, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EEFT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
67.04
When analyzing the support we notice one important area.
- A support zone ranging from 67.72 to 67.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 69.64 to 71.06. 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 73.43 to 73.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @76.62 from a horizontal line in the daily time frame.
- A resistance zone ranging from 78.51 to 78.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @108.49 from a trend 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 | 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 | 16.34 | NEGATIVE | EEFT has a low relative strength, it was outperformed by 83.66% 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) | 44.67 | NEUTRAL | The RSI value for EEFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EEFT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.13 | NEUTRAL | The Stochastics value for EEFT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for EEFT suggests some volalility. |
| Average Directional Index/ADX (14) | 31.06 | POSITIVE | The high ADX value value for EEFT suggests a strong trend. |
69.55
-1.38 (-1.95%)
EURONET WORLDWIDE INC / EEFT FAQ
What is the ChartMill technical rating of EURONET WORLDWIDE INC (EEFT) stock?
ChartMill assigns a technical rating of 0 / 10 to EEFT.
What is the trend direction for EEFT stock?
The current trend direction for EURONET WORLDWIDE INC (EEFT) is Bearish.
What is the RSI signal for EURONET WORLDWIDE INC (EEFT) stock?
EURONET WORLDWIDE INC (EEFT) has an RSI value of 44.6659. This indicates that the stock is currently neutral.
What is the buy/sell signal for EURONET WORLDWIDE INC (EEFT) stock?
The buy/sell signal for EURONET WORLDWIDE INC (EEFT) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for EURONET WORLDWIDE INC?
EURONET WORLDWIDE INC (EEFT) has a support level at 67.96 and a resistance level at 69.64. Check the full technical report for our detailed analysis of EEFT support and resistance levels.