EDGIO INC (EGIO) Technical Analysis
NASDAQ:EGIO • US53261M2035
Current stock price
EGIO Technical Rating and Analysis
Overall EGIO gets a technical rating of 0 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: 100% of all stocks are doing better.
- EGIO is part of the IT Services industry. There are 87 other stocks in this industry, of which 89% are performing better than EGIO.
- 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 0.72 - 11.35 range, which is quite wide. It is currently trading near the lows of this range.
- EGIO has an average volume of 3008350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
EGIO Weekly and Daily overview Charts
EGIO Setup Rating and Analysis
The technical rating of EGIO is bad and it also does not present a quality setup 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.
More info and screens
EGIO Support and Resistance Analysis
EGIO Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for EGIO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EGIO is down. |
| ChartMill Relative Strength | 0.19 | NEGATIVE | EGIO has a low relative strength, it was outperformed by 99.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EGIO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EGIO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EGIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.11 | OVERSOLD | The low RSI value suggests EGIO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests EGIO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.95 | OVERSOLD | The low Stochastics value suggests EGIO may be oversold. |
| Average True Range in percent/ATR (20) | 108.87 | HIGH VOLATILITY | The high ATR as a percentage value for EGIO suggests high volalility. |
| Average Directional Index/ADX (14) | 35.68 | POSITIVE | The high ADX value value for EGIO suggests a strong trend. |
EGIO Chart- and CandleStick Pattern Analysis
EGIO Technicals: Chart, Performance Metrics, Trend & Indicators
1.11
-0.27 (-19.57%)
EDGIO INC / EGIO TA FAQ
What is the ChartMill technical rating of EDGIO INC (EGIO) stock?
ChartMill assigns a technical rating of 0 / 10 to EGIO.
What is the trend direction for EGIO stock?
The current trend direction for EDGIO INC (EGIO) is Bearish.
Can you provide the RSI signal for EDGIO INC?
EDGIO INC (EGIO) has an RSI value of 24.1054. This indicates that the stock is currently oversold.
What is the short term momentum for EDGIO INC (EGIO) stock?
The short term momentum for EDGIO INC (EGIO) is negative.