EMERALD HOLDING INC (EEX) Stock Technical Analysis
NYSE:EEX - US29103W1045 - Common Stock
5.3 USD
+0.02 (+0.38%)
5.3 USD
0 (0%)
Overall EEX gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EEX is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
EEX is part of the Media industry. There are 99 other stocks in this industry. EEX outperforms 70% of them.
In the last month EEX has a been trading in the 4.60 - 5.35 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, EEX turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
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.
Besides having an excellent technical rating, EEX also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EEX 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
4.58
5.36
4 important support areas can be observed.
- A support zone ranging from 4.99 to 5.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.91 from a trend line in the daily time frame.
- Support @4.80 from a horizontal line in the weekly time frame.
- A support zone ranging from 4.63 to 4.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- 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 | 50.63 | NEUTRAL | EEX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EEX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EEX is above 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) | 58.89 | NEUTRAL | The RSI value for EEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests EEX has a positive trend. |
| Stochastics (14,3) | 69.75 | NEUTRAL | The Stochastics value for EEX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for EEX suggests some volalility. |
| Average Directional Index/ADX (14) | 19.51 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.32 | 4.98 | 0.34 (6.39%) | 15.65% |
| An entry @5.32. This is a Buy Stop order right above the resistance zone. | An exit @4.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.34 points, which is 6.39%. | For a 1.00% total portfolio risk, you can invest 15.65% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
5.3
+0.02 (+0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.38%
1 Week3.52%
2 Weeks6.64%
1 Month5.16%
3 Month13.01%
6 Month35.2%
12 Month-1.12%
2 Year17.26%
3 Year56.8%
5 Year159.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%4.14%
ATR Inc50.84%
Range Today0.18
ADR(20)0.21
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.63
Mansfield0.55
10 Day High5.35
10 Day Low4.9
20 Day High5.35
20 Day Low4.6
52 Week High6.65
52 Week Low3.22
CS1 End5.15
CR1 Start5.3
Volume & EV
DER(3)6.74%
DER(5)2.98%
Volume22.00K
Volume Incr-22.77%
Vol(5)35.94K
Vol(50)57.76K