EMERALD HOLDING INC (EEX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EEX - US29103W1045 - Common Stock
We assign a technical rating of 0 out of 10 to EEX. EEX'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.
Although the technical rating is bad, EEX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.71. Right above this resistance zone may be a good entry point.
More info and screens
3.43
We found 1 important support area.
- Support @3.46 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 3.71 to 3.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.21 to 4.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.94 from a trend line in the weekly time frame.
- Resistance @5.30 from a horizontal line in the daily 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 EEX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EEX is down. |
| ChartMill Relative Strength | 12.49 | NEGATIVE | EEX has a low relative strength, it was outperformed by 87.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EEX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EEX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.92 | NEUTRAL | The RSI value for EEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EEX has a positive trend. |
| Stochastics (14,3) | 51.46 | NEUTRAL | The Stochastics value for EEX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for EEX suggests high volalility. |
| Average Directional Index/ADX (14) | 36.71 | POSITIVE | The high ADX value value for EEX suggests a strong trend. |
3.68
+0.05 (+1.38%)
EMERALD HOLDING INC / EEX FAQ
What is the ChartMill technical rating of EMERALD HOLDING INC (EEX) stock?
ChartMill assigns a technical rating of 0 / 10 to EEX.
What is the trend direction for EEX stock?
The current trend direction for EMERALD HOLDING INC (EEX) is Bearish.
What is the RSI signal for EMERALD HOLDING INC (EEX) stock?
EMERALD HOLDING INC (EEX) has an RSI value of 41.9151. This indicates that the stock is currently neutral.
What is the short term momentum for EEX stock?
The short term momentum for EMERALD HOLDING INC (EEX) is negative.
What is the buy/sell signal for EMERALD HOLDING INC (EEX) stock?
The buy/sell signal for EMERALD HOLDING INC (EEX) is sell as both the short term and long term trends are negative.