EGAIN CORP (EGAN)
US28225C8064 - Common Stock
Overall EGAN gets a technical rating of 3 out of 10. In the past year, EGAN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
EGAN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EGAN has a been trading in the 6.03 - 6.51 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, EGAN turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
EGAN is part of the Software industry. There are 277 other stocks in this industry, EGAN did better than 49% of them.
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 a resistance zone just above the current price starting at 6.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.29, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.61
7.76
We found 3 important support areas.
- A support zone ranging from 6.17 to 6.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.77 to 5.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.67 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.42 to 6.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.68 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.48
Mansfield-1.68
10 Day High6.51
10 Day Low6.05
20 Day High6.51
20 Day Low6.03
52 Week High8.52
52 Week Low5.5
Performance
1 Week2.42%
2 Weeks2.09%
1 Month-1.09%
3 Month10.03%
6 Month-3.2%
12 Month-6.06%
2 Year-30.34%
3 Year-36.65%
5 Year-19.29%
10 Year-3.2%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)55.14
LBB6.04
UBB6.44
EGAIN CORP
NASDAQ:EGAN (5/7/2024, 3:10:08 PM)
6.36
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week2.42%
2 Weeks2.09%
1 Month-1.09%
3 Month10.03%
6 Month-3.2%
12 Month-6.06%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.15
ATR(20)%2.52%
ATR Inc
Range Today0.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.51
10 Day Low6.05
20 Day High6.51
20 Day Low6.03
52 Week High8.52
52 Week Low5.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume99.00K
Volume Incr3.54%
Vol(5)69.56K
Vol(50)91.25K