EDGIO INC (EGIO)

US53261M2035 - Common Stock

9  -0.85 (-8.63%)

After market: 8.95 -0.05 (-0.56%)

Technical Rating and Analysis

1

Overall EGIO gets a technical rating of 1 out of 10. EGIO 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, EGIO is a bad performer in the overall market: 92% of all stocks are doing better.
EGIO is one of the lesser performing stocks in the IT Services industry. 83% of 86 stocks in the same industry do better.
EGIO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EGIO is lagging the market.
In the last month EGIO has a been trading in the 8.88 - 22.44 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
EGIO Weekly chart
EGIO Daily chart
Setup Rating and Analysis

4

EGIO has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

8.91

15.69

When analyzing the resistance we notice 2 important areas.

  • Resistance @13.42 from a trend line in the weekly time frame.
  • Resistance @15.53 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.41
Mansfield-6.2
10 Day High12.95
10 Day Low8.88
20 Day High22.44
20 Day Low8.88
52 Week High44
52 Week Low6.67
Performance
1 Week-9.37%
2 Weeks-19.06%
1 Month-22.88%
3 Month-8.87%
6 Month-70.81%
12 Month-60.91%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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)-0.54
RSI(14)41.24
LBB7.59
UBB14.54
EGIO Daily chart

EDGIO INC

NASDAQ:EGIO (5/3/2024, 7:00:01 PM)

After market: 8.95 -0.05 (-0.56%)

9

-0.85 (-8.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-8.63%
1 Week-9.37%
2 Weeks-19.06%
1 Month-22.88%
3 Month-8.87%
6 Month-70.81%
12 Month-60.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.74
ATR(20)%23.11%
ATR Inc
Range Today1.25
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 High12.95
10 Day Low8.88
20 Day High22.44
20 Day Low8.88
52 Week High44
52 Week Low6.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume144.60K
Volume Incr-68.06%
Vol(5)71.90K
Vol(50)454.88K