EGAIN CORP (EGAN) Stock Technical Analysis
NASDAQ:EGAN - Nasdaq - US28225C8064 - Common Stock - Currency: USD
Taking everything into account, EGAN scores 1 out of 10 in our technical rating. EGAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, EGAN is a bad performer in the overall market: 75% of all stocks are doing better.
EGAN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
EGAN is an average performer in the Software industry, it outperforms 47% of 283 stocks in the same industry.
In the last month EGAN has a been trading in the 4.45 - 5.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, EGAN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
4.45
6.85
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.92 to 4.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.49 to 4.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 5.02 to 5.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.25 from a horizontal line in the daily time frame.
- Resistance @5.65 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.77 to 6.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.22
Mansfield-1.16
10 Day High5.25
10 Day Low4.64
20 Day High5.25
20 Day Low4.45
52 Week High7.62
52 Week Low4.34
Performance
1 Week-4.2%
2 Weeks9.61%
1 Month8.42%
3 Month-20.44%
6 Month-9.06%
12 Month-13.3%
2 Year-30.76%
3 Year-45.02%
5 Year-51.78%
10 Year10.33%
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)54.6
LBB4.46
UBB5.27
5.02
+0.11 (+2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.24%
1 Week-4.2%
2 Weeks9.61%
1 Month8.42%
3 Month-20.44%
6 Month-9.06%
12 Month-13.3%
2 Year-30.76%
3 Year-45.02%
5 Year-51.78%
10 Year10.33%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%4.9%
ATR Inc-14.66%
Range Today0.24
ADR(20)0.24
ADR(20)%4.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.22
Mansfield-1.16
10 Day High5.25
10 Day Low4.64
20 Day High5.25
20 Day Low4.45
52 Week High7.62
52 Week Low4.34
CS1 End4.97
CR1 Start5.02
Volume & EV
DER(3)-4.53%
DER(5)-2.88%
Volume39.06K
Volume Incr7.9%
Vol(5)44.77K
Vol(50)54.66K