USA - NYSE:EEX - US29103W1045 - Common Stock
We assign a technical rating of 4 out of 10 to EEX. In the last year, EEX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
EEX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.03, a Stop Loss order could be placed below this zone.
4.58
We found 3 important support areas.
2 important resistance areas can be observed.
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 | 46.78 | 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) | DOWN | MIXED | The current price of EEX is above a declining 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) | 49.74 | NEUTRAL | The RSI value for EEX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EEX has a negative trend. |
Stochastics (14,3) | 47.75 | NEUTRAL | The Stochastics value for EEX is a neutral value. |
Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for EEX suggests some volalility. |
Average Directional Index/ADX (14) | 14.97 | NEGATIVE | The low ADX value for EEX suggests a weak or negative trend. |
5.05
-0.06 (-1.17%)