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 8 out of 10 to EEX. 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 and short term trends are both positive. This is looking good!
In the last month EEX has a been trading in the 4.62 - 5.30 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that EEX is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this relatively good performance is mostly due to a recent big move.
EEX is an average performer in the Media industry, it outperforms 66% of 97 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.
EEX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
4.41
5.36
2 important support areas can be observed.
- Support @4.87 from a trend line in the daily time frame.
- A support zone ranging from 4.45 to 4.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.31 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 | UP | POSITIVE | The short term trend for EEX is up. |
| ChartMill Relative Strength | 74.86 | POSITIVE | EEX has a high relative strength, it outperformed 74.86% off all stocks 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) | 55.04 | NEUTRAL | The RSI value for EEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EEX has a negative trend. |
| Stochastics (14,3) | 60.44 | NEUTRAL | The Stochastics value for EEX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for EEX suggests some volalility. |
| Average Directional Index/ADX (14) | 30.75 | POSITIVE | The high ADX value value for EEX suggests a strong 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)
5.06
-0.05 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.98%
1 Week-2.69%
2 Weeks4.33%
1 Month8.35%
3 Month40.56%
6 Month8.58%
12 Month-7.16%
2 Year2.22%
3 Year60.63%
5 Year86.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%3.07%
ATR Inc-6.4%
Range Today0.11
ADR(20)0.15
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.86
Mansfield0.16
10 Day High5.3
10 Day Low4.8
20 Day High5.3
20 Day Low4.62
52 Week High6.65
52 Week Low3.22
CS1 End4.87
CR1 Start5.31
Volume & EV
DER(3)1.42%
DER(5)0.5%
Volume46.80K
Volume Incr-61.7%
Vol(5)39.94K
Vol(50)98.24K