EMERALD HOLDING INC (EEX) Stock Technical Analysis
NYSE:EEX • US29103W1045
Overall EEX gets a technical rating of 5 out of 10. In the last year, EEX was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- In the last month EEX has a been trading in the 4.47 - 5.40 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 part of the Media industry. There are 91 other stocks in this industry. EEX outperforms 80% of them.
- When compared to the yearly performance of all other stocks, EEX outperforms 69% of them, which is more or less in line with the market.
- 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 only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 4.67, a Stop Loss order could be placed below this zone.
More info and screens
3.53
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.64 to 4.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.57 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @4.98 from a trend line in the weekly time frame.
- A resistance zone ranging from 5.30 to 5.37. 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 | 69.56 | NEUTRAL | EEX is not amongst the best or worst performers 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 | POSITIVE | The current price of EEX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EEX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.05 | 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) | 21.21 | NEUTRAL | The Stochastics value for EEX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for EEX suggests some volalility. |
| Average Directional Index/ADX (14) | 18 | NEGATIVE | The low ADX value for EEX suggests a weak or negative trend. |
4.68
-0.14 (-2.9%)
EMERALD HOLDING INC / EEX FAQ
What is the technical rating for EEX stock?
ChartMill assigns a technical rating of 5 / 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 47.0458. 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 -0.029578, indicating a bearish trend.