GLOBAL X S&P 500 US REV LDS (EGLE) Stock Technical Analysis
NYSEARCA:EGLE - NYSE Arca - US37960A3620 - ETF - Currency: USD
Overall EGLE gets a technical rating of 4 out of 10. EGLE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
EGLE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 28.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.32, a Stop Loss order could be placed below this zone.
More info and screens
26.90
2 important support areas can be observed.
- A support zone ranging from 27.87 to 28.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.17 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.66 to 28.66. 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 | UP | POSITIVE | The long term trend for EGLE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EGLE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | EGLE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EGLE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EGLE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.82 | NEUTRAL | The RSI value for EGLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EGLE has a negative trend. |
| Stochastics (14,3) | 85.18 | OVERBOUGHT | The high Stochastics value suggests EGLE may be overbought. |
| Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for EGLE suggests low volalility. |
| Average Directional Index/ADX (14) | 13.63 | NEGATIVE | The low ADX value for EGLE suggests a weak or negative trend. |
NYSEARCA:EGLE (8/20/2025, 8:04:00 PM)
28.3649
+0 (+0.01%)