NASDAQ:EGAN - Nasdaq - US28225C8064 - Common Stock - Currency: USD
Overall EGAN gets a technical rating of 7 out of 10. EGAN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although EGAN has an excellent technical rating, it does not offer a high quality setup 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.
5.30
We found 2 important support areas.
3 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 EGAN is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EGAN is up. |
ChartMill Relative Strength | 76.19 | POSITIVE | EGAN has a high relative strength, it outperformed 76.19% 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) | DOWN | MIXED | The current price of EGAN is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 64.8 | NEUTRAL | The RSI value for EGAN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EGAN has a positive trend. |
Stochastics (14,3) | 85.48 | OVERBOUGHT | The high Stochastics value suggests EGAN may be overbought. |
Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for EGAN suggests high volalility. |
Average Directional Index/ADX (14) | 17.85 | NEGATIVE | The low ADX value for EGAN suggests a weak or negative trend. |
6.05
+0.12 (+2.02%)