EMERALD HOLDING INC (EEX) Stock Technical Analysis
NYSE:EEX - New York Stock Exchange, Inc. - US29103W1045 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to EEX. In the last year, EEX was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
When comparing the yearly performance of all stocks, EEX is a bad performer in the overall market: 74% of all stocks are doing better.
In the last month EEX has a been trading in the 4.70 - 5.38 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
EEX is an average performer in the Media industry, it outperforms 56% of 98 stocks in the same industry.
EEX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EEX is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, EEX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 4.80, a Stop Loss order could be placed below this zone.
More info and screens
4.75
5.36
We found 1 important support area.
- A support zone ranging from 4.80 to 4.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @5.19 from a trend line in the weekly time frame.
- A resistance zone ranging from 5.30 to 5.31. 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 | UP | POSITIVE | The long term trend for EEX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EEX is neutral. |
| ChartMill Relative Strength | 26.6 | NEGATIVE | EEX has a low relative strength, it was outperformed by 73.4% 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) | UP | MIXED | The current price of EEX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EEX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.53 | NEUTRAL | The RSI value for EEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EEX has a negative trend. |
| Stochastics (14,3) | 34.8 | NEUTRAL | The Stochastics value for EEX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for EEX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.38 | NEGATIVE | The low ADX value for EEX 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)
4.81
-0.15 (-3.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-3.02%
1 Week-1.03%
2 Weeks-6.6%
1 Month-6.24%
3 Month2.56%
6 Month9.82%
12 Month-9.07%
2 Year13.98%
3 Year25.59%
5 Year74.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%3.73%
ATR Inc34.27%
Range Today0.19
ADR(20)0.18
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.6
Mansfield-0.41
10 Day High5.21
10 Day Low4.7
20 Day High5.38
20 Day Low4.7
52 Week High6.65
52 Week Low3.22
CS1 End4.8
CR1 Start5.19
Volume & EV
DER(3)2.51%
DER(5)2.05%
Volume59.50K
Volume Incr-13.57%
Vol(5)46.10K
Vol(50)87.18K