24.03 USD
+1.53 (+6.8%)
25 USD
+0.97 (+4.04%)
We assign a technical rating of 8 out of 10 to EGBN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EGBN is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- EGBN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EGBN is lagging the market slightly.
- In the last month EGBN has a been trading in the 20.61 - 24.28 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that EGBN is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- EGBN is part of the Banks industry. There are 383 other stocks in this industry, EGBN did better than 63% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although EGBN has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.80
24.27
When analyzing the support we can see 4 important areas.
- A support zone ranging from 20.85 to 21.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.07 from a trend line in the weekly time frame.
- Support @16.33 from a horizontal line in the weekly time frame.
- Support @15.96 from a horizontal line in the daily time frame.
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 EGBN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EGBN is up. |
| ChartMill Relative Strength | 78.68 | POSITIVE | EGBN has a high relative strength, it outperformed 78.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EGBN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EGBN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EGBN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.11 | OVERBOUGHT | The high RSI value suggests EGBN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests EGBN has a positive trend. |
| Stochastics (14,3) | 83.88 | OVERBOUGHT | The high Stochastics value suggests EGBN may be overbought. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for EGBN suggests some volalility. |
| Average Directional Index/ADX (14) | 26.53 | POSITIVE | The high ADX value value for EGBN 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)
24.03
+1.53 (+6.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg6.8%
1 Week10.99%
2 Weeks12.39%
1 Month12.76%
3 Month37.87%
6 Month47.88%
12 Month-5.62%
2 Year-3.07%
3 Year-49.4%
5 Year-43.45%
10 Year-49.13%
15 Year77.87%
Volatility
ATR(14)0.8
ATR(20)%2.94%
ATR Inc86.13%
Range Today1.45
ADR(20)0.69
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.68
3 months CRS95.08
6 months CRS91.3
Mansfield0.94
10 Day High24.28
10 Day Low20.87
20 Day High24.28
20 Day Low20.61
52 Week High27.07
52 Week Low15.03
CS1 End21.04
CR1 StartN/A
Volume & EV
DER(3)0.11%
DER(5)0.03%
Volume644.30K
Volume Incr12.65%
Vol(5)379.76K
Vol(50)431.10K
EAGLE BANCORP INC / EGBN FAQ
What is the technical rating for EGBN stock?
ChartMill assigns a technical rating of 8 / 10 to EGBN.
Can you provide the trend direction for EAGLE BANCORP INC?
The current trend direction for EAGLE BANCORP INC (EGBN) is Bullish.
Can you provide the RSI signal for EAGLE BANCORP INC?
EAGLE BANCORP INC (EGBN) has an RSI value of 72.11. This indicates that the stock is currently overbought.
What is the MACD signal for EGBN stock?
The MACD indicator for EAGLE BANCORP INC (EGBN) has a value of 0.13245, indicating a bearish trend.
Can you provide the short term momentum for EAGLE BANCORP INC?
The short term momentum for EAGLE BANCORP INC (EGBN) is positive.