We assign a technical rating of 2 out of 10 to EGGY. EGGY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, EGGY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 37.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 35.19, a Stop Loss order could be placed below this zone.
More info and screens
34.28
We found 1 important support area.
- A support zone ranging from 34.63 to 35.19. 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 37.34 to 37.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 41.60 to 42.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for EGGY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EGGY is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | EGGY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EGGY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EGGY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EGGY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.45 | NEUTRAL | The RSI value for EGGY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests EGGY has a positive trend. |
| Stochastics (14,3) | 65.27 | NEUTRAL | The Stochastics value for EGGY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for EGGY suggests some volalility. |
| Average Directional Index/ADX (14) | 18.38 | NEGATIVE | The low ADX value for EGGY suggests a weak or negative trend. |
36.6
-0.19 (-0.52%)
NESTYELD DYN INC ETF USD INC / EGGY FAQ
Can you provide the ChartMill technical rating for NESTYELD DYN INC ETF USD INC?
ChartMill assigns a technical rating of 2 / 10 to EGGY.
What is the trend direction for EGGY stock?
The current trend direction for NESTYELD DYN INC ETF USD INC (EGGY) is Bearish.
Can you provide the RSI signal for NESTYELD DYN INC ETF USD INC?
NESTYELD DYN INC ETF USD INC (EGGY) has an RSI value of 49.454. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for NESTYELD DYN INC ETF USD INC?
NESTYELD DYN INC ETF USD INC (EGGY) has a support level at 35.19 and a resistance level at 37.34. Check the full technical report for our detailed analysis of EGGY support and resistance levels.