EGAIN CORP (EGAN) Stock Technical Analysis
USA - NASDAQ:EGAN - US28225C8064 - Common Stock
Overall EGAN gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EGAN is showing a nice and steady performance.
EGAN 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
5.72
We found 3 important support areas.
- Support @13.51 from a horizontal line in the daily time frame.
- Support @6.37 from a horizontal line in the daily time frame.
- Support @5.78 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @14.73 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 | UP | POSITIVE | The long term trend for EGAN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EGAN is up. |
| ChartMill Relative Strength | 97.97 | POSITIVE | EGAN has a high relative strength, it outperformed 97.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EGAN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EGAN is above 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) | 71.33 | OVERBOUGHT | The high RSI value suggests EGAN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EGAN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.4 | OVERBOUGHT | The high Stochastics value suggests EGAN may be overbought. |
| Average True Range in percent/ATR (20) | 7.36 | HIGH VOLATILITY | The high ATR as a percentage value for EGAN suggests high volalility. |
| Average Directional Index/ADX (14) | 63.79 | POSITIVE | The high ADX value value for EGAN suggests a strong trend. |
14.44
-0.09 (-0.62%)
EGAIN CORP / EGAN FAQ
What is the ChartMill technical rating of EGAIN CORP (EGAN) stock?
ChartMill assigns a technical rating of 10 / 10 to EGAN.
What is the current trend direction of EGAIN CORP (EGAN) stock?
The current trend direction for EGAIN CORP (EGAN) is Bullish.
What is the RSI signal for EGAN stock?
EGAIN CORP (EGAN) has an RSI value of 71.3346. This indicates that the stock is currently overbought.
Can you provide the short term momentum for EGAIN CORP?
The short term momentum for EGAIN CORP (EGAN) is positive.
What is the buy/sell signal for EGAN stock?
The buy/sell signal for EGAIN CORP (EGAN) is buy as both the short term and long term trends are positive.