EGAIN CORP (EGAN) Technical Analysis
NASDAQ:EGAN • US28225C8064
Current stock price
EGAN Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month EGAN has a been trading in the 7.60 - 9.88 range, which is quite wide. It is currently trading near the lows of this range.
- EGAN is part of the Software industry. There are 275 other stocks in this industry. EGAN outperforms 89% of them.
- Looking at the yearly performance, EGAN did better than 80% of all other stocks. However, EGAN's most recent performance is quite weak.
- EGAN 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 EGAN is lagging the market slightly.
EGAN Weekly and Daily overview Charts
EGAN Setup Rating and Analysis
EGAN has a poor technical rating and the quality of the setup is also 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
EGAN Support and Resistance Analysis
7.62
We found 1 important support area.
- A support zone ranging from 7.70 to 7.70. 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 8.53 to 8.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @8.92 from a trend line in the daily time frame.
EGAN Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for EGAN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EGAN is down. |
| ChartMill Relative Strength | 80.64 | POSITIVE | EGAN has a high relative strength, it outperformed 80.64% 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) | DOWN | NEGATIVE | The current price of EGAN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EGAN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.62 | NEUTRAL | The RSI value for EGAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests EGAN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.69 | OVERSOLD | The low Stochastics value suggests EGAN may be oversold. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for EGAN suggests high volalility. |
| Average Directional Index/ADX (14) | 29.73 | POSITIVE | The high ADX value value for EGAN suggests a strong trend. |
EGAN Chart- and CandleStick Pattern Analysis
EGAN Technicals: Chart, Performance Metrics, Trend & Indicators
7.78
-0.11 (-1.39%)
EGAIN CORP / EGAN TA 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 EGAIN CORP (EGAN) stock?
EGAIN CORP (EGAN) has an RSI value of 31.6247. This indicates that the stock is currently neutral.
What is the MACD signal for EGAN stock?
The MACD indicator for EGAIN CORP (EGAN) has a value of -0.063416, indicating a bearish trend.
What is the buy/sell signal for EGAIN CORP (EGAN) stock?
The buy/sell signal for EGAIN CORP (EGAN) is sell as both the short term and long term trends are negative.