Taking everything into account, EGBN scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, EGBN has proven to be a steady performer, scoring decent points in every aspect analyzed.
EGBN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
15.80
We found 4 important support areas.
We found 1 important resistance area.
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 | 88.91 | POSITIVE | EGBN has a high relative strength, it outperformed 88.91% 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) | 71.29 | OVERBOUGHT | The high RSI value suggests EGBN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests EGBN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.14 | NEUTRAL | The Stochastics value for EGBN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for EGBN suggests some volalility. |
| Average Directional Index/ADX (14) | 46.04 | POSITIVE | The high ADX value value for EGBN suggests a strong trend. |
27.58
+0.43 (+1.58%)
ChartMill assigns a technical rating of 9 / 10 to EGBN.
The current trend direction for EAGLE BANCORP INC (EGBN) is Bullish.
EAGLE BANCORP INC (EGBN) has an RSI value of 71.293. This indicates that the stock is currently overbought.
The MACD indicator for EAGLE BANCORP INC (EGBN) has a value of 0.0934497, indicating a bearish trend.
The short term momentum for EAGLE BANCORP INC (EGBN) is positive.