EMERALD HOLDING INC (EEX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EEX - US29103W1045 - Common Stock
Taking everything into account, EEX scores 7 out of 10 in our technical rating. In the last year, EEX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long and short term trends are both positive. This is looking good!
- EEX is part of the Media industry. There are 91 other stocks in this industry. EEX outperforms 74% of them.
- EEX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EEX is lagging the market slightly.
- In the last month EEX has a been trading in the 3.51 - 5.24 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EEX has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.26
4 important support areas can be observed.
- Support @4.30 from a horizontal line in the daily time frame.
- Support @3.57 from a horizontal line in the weekly time frame.
- Support @3.46 from a horizontal line in the daily time frame.
- Support @3.29 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @5.03 from a trend line in the daily time frame.
- Resistance @5.15 from a horizontal line in the daily 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 | UP | POSITIVE | The short term trend for EEX is up. |
| ChartMill Relative Strength | 50.71 | 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) | 60.02 | 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) | 74.92 | NEUTRAL | The Stochastics value for EEX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.43 | HIGH VOLATILITY | The high ATR as a percentage value for EEX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.94 | POSITIVE | The high ADX value value for EEX suggests a strong trend. |
4.91
-0.05 (-1.01%)
EMERALD HOLDING INC / EEX FAQ
What is the technical rating for EEX stock?
ChartMill assigns a technical rating of 7 / 10 to EEX.
What is the current trend direction of EMERALD HOLDING INC (EEX) stock?
The current trend direction for EMERALD HOLDING INC (EEX) is Bullish.
What is the RSI signal for EMERALD HOLDING INC (EEX) stock?
EMERALD HOLDING INC (EEX) has an RSI value of 60.0244. This indicates that the stock is currently neutral.
What is the MACD signal for EMERALD HOLDING INC (EEX) stock?
The MACD indicator for EMERALD HOLDING INC (EEX) has a value of 0.0257421, indicating a bearish trend.
What is the buy/sell signal for EMERALD HOLDING INC (EEX) stock?
The buy/sell signal for EMERALD HOLDING INC (EEX) is buy as both the short term and long term trends are positive.