EMERALD HOLDING INC (EEX) Stock Technical Analysis
NYSE:EEX - New York Stock Exchange, Inc. - US29103W1045 - Common Stock - Currency: USD
Overall EEX gets a technical rating of 5 out of 10. In the past year, EEX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, EEX is a bad performer in the overall market: 71% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
EEX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
EEX is part of the Media industry. There are 96 other stocks in this industry, EEX did better than 57% of them.
EEX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EEX is lagging the market slightly.
EEX has an average technical rating and the quality of the presented setup is also not ideal 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
4.41
4.88
When analyzing the support we notice one important area.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.61 to 4.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.83 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for EEX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EEX is up. |
| ChartMill Relative Strength | 29.67 | NEGATIVE | EEX has a low relative strength, it was outperformed by 70.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EEX is below 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) | DOWN | NEGATIVE | The current price of EEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.9 | 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) | 17.99 | OVERSOLD | The low Stochastics value suggests EEX may be oversold. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for EEX suggests some volalility. |
| Average Directional Index/ADX (14) | 40.31 | 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)
4.48
+0.02 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.45%
1 Week-4.07%
2 Weeks-4.48%
1 Month13.99%
3 Month5.91%
6 Month-11.46%
12 Month-25.21%
2 Year26.91%
3 Year33.73%
5 Year101.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%3.68%
ATR Inc-6.83%
Range Today0.09
ADR(20)0.15
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.67
Mansfield-0.77
10 Day High4.84
10 Day Low4.4
20 Day High4.87
20 Day Low3.88
52 Week High6.74
52 Week Low3.22
CS1 End4.47
CR1 Start4.61
Volume & EV
DER(3)-1.16%
DER(5)-1.21%
Volume54.50K
Volume Incr-41.95%
Vol(5)56.64K
Vol(50)123.83K