10.34 USD
-0.37 (-3.45%)
10.34 USD
0 (0%)
Taking everything into account, EGAN scores 6 out of 10 in our technical rating. EGAN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Looking at the yearly performance, EGAN did better than 93% of all other stocks. On top of that, EGAN also shows a nice and consistent pattern of rising prices.
EGAN is part of the Software industry. There are 280 other stocks in this industry. EGAN outperforms 90% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
In the last month EGAN has a been trading in the 9.00 - 12.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EGAN 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
6.66
10.90
We found 5 important support areas.
- A support zone ranging from 10.07 to 10.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.77 from a trend line in the daily time frame.
- Support @9.55 from a horizontal line in the daily time frame.
- Support @6.99 from a trend line in the weekly time frame.
- Support @6.73 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.72 to 10.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 93.88 | POSITIVE | EGAN has a high relative strength, it outperformed 93.88% 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) | 44.05 | NEUTRAL | The RSI value for EGAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests EGAN has a positive trend. |
| Stochastics (14,3) | 65.37 | NEUTRAL | The Stochastics value for EGAN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.52 | HIGH VOLATILITY | The high ATR as a percentage value for EGAN suggests high volalility. |
| Average Directional Index/ADX (14) | 28.21 | POSITIVE | The high ADX value value for EGAN 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)
10.34
-0.37 (-3.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.45%
1 Week2.58%
2 Weeks-0.77%
1 Month-8.9%
3 Month27.5%
6 Month72.91%
12 Month85.64%
2 Year24.13%
3 Year14.51%
5 Year-12.45%
10 Year142.72%
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%7.52%
ATR Inc-9.48%
Range Today0.46
ADR(20)0.76
ADR(20)%7.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.88
3 months CRS91.96
6 months CRS93.84
Mansfield3.12
10 Day High10.8
10 Day Low9
20 Day High12.32
20 Day Low9
52 Week High15.95
52 Week Low4.34
CS1 End10.11
CR1 Start10.72
Volume & EV
DER(3)2.64%
DER(5)1.99%
Volume208.25K
Volume Incr-13.66%
Vol(5)479.15K
Vol(50)550.49K
EGAIN CORP / EGAN FAQ
What is the ChartMill technical rating of EGAIN CORP (EGAN) stock?
ChartMill assigns a technical rating of 6 / 10 to EGAN.
What is the current trend direction of EGAIN CORP (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 44.0453. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EGAIN CORP?
The short term momentum for EGAIN CORP (EGAN) is negative.