EGAIN CORP (EGAN) Stock Technical Analysis
NASDAQ:EGAN • US28225C8064
Overall EGAN gets a technical rating of 3 out of 10. Although EGAN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- EGAN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- EGAN is part of the Software industry. There are 276 other stocks in this industry. EGAN outperforms 94% of them.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the yearly performance of all stocks, we notice that EGAN is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- EGAN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EGAN is lagging the market.
Although the technical rating is bad, EGAN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 9.98, a Stop Loss order could be placed below this zone.
More info and screens
7.53
We found 3 important support areas.
- A support zone ranging from 9.56 to 9.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.39 from a horizontal line in the daily time frame.
- Support @7.61 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.98 to 10.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.98 from a horizontal line in the weekly time frame.
- Resistance @11.39 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 EGAN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EGAN is down. |
| ChartMill Relative Strength | 89.91 | POSITIVE | EGAN has a high relative strength, it outperformed 89.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EGAN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EGAN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EGAN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.11 | NEUTRAL | The RSI value for EGAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EGAN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.62 | NEUTRAL | The Stochastics value for EGAN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for EGAN suggests high volalility. |
| Average Directional Index/ADX (14) | 20.77 | NEUTRAL | The ADX value for EGAN suggests a possible start of a new trend. |
NASDAQ:EGAN (2/17/2026, 11:30:53 AM)
9.97
-0.02 (-0.2%)
EGAIN CORP / EGAN FAQ
What is the ChartMill technical rating of EGAIN CORP (EGAN) stock?
ChartMill assigns a technical rating of 3 / 10 to EGAN.
What is the trend direction for EGAN stock?
The current trend direction for EGAIN CORP (EGAN) is Bearish.
What is the RSI signal for EGAN stock?
EGAIN CORP (EGAN) has an RSI value of 46.11. This indicates that the stock is currently neutral.
What is the short term momentum for EGAIN CORP (EGAN) stock?
The short term momentum for EGAIN CORP (EGAN) is negative.
What is the support and resistance level for EGAN stock?
EGAIN CORP (EGAN) has a support level at 9.98 and a resistance level at 10.98. Check the full technical report for our detailed analysis of EGAN support and resistance levels.