ENTHUSIAST GAMING HOLDINGS I (EGLX.CA) Stock Technical Analysis
TSX:EGLX - Toronto Stock Exchange - CA29385B1094 - Common Stock - Currency: CAD
Overall EGLX gets a technical rating of 8 out of 10. Although EGLX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
EGLX is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 81% of 12 stocks in the same industry.
When compared to the yearly performance of all other stocks, EGLX outperforms 66% of them, which is more or less in line with the market.
EGLX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EGLX is lagging the market.
In the last month EGLX has a been trading in the 0.07 - 0.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although EGLX has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
0.05
0.14
We found 2 important support areas.
- A support zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.14 from a horizontal line in the daily time frame.
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 EGLX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EGLX.CA is up. |
| ChartMill Relative Strength | 66.02 | NEUTRAL | EGLX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EGLX.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EGLX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EGLX.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.89 | NEUTRAL | The RSI value for EGLX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EGLX.CA has a negative trend. |
| Stochastics (14,3) | 14.29 | OVERSOLD | The low Stochastics value suggests EGLX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 13.75 | HIGH VOLATILITY | The high ATR as a percentage value for EGLX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 51.23 | POSITIVE | The high ADX value value for EGLX.CA suggests a strong trend. |
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)
TSX:EGLX (8/6/2025, 7:00:00 PM)
0.12
+0.01 (+9.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg9.09%
1 Week-7.69%
2 Weeks0%
1 Month100%
3 Month50%
6 Month-7.69%
12 Month-17.24%
2 Year-78.18%
3 Year-93.58%
5 Year-93.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%13.75%
ATR Inc32.43%
Range Today0.02
ADR(20)0.02
ADR(20)%13.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.02
Mansfield-0.29
10 Day High0.14
10 Day Low0.11
20 Day High0.14
20 Day Low0.07
52 Week High0.18
52 Week Low0.05
CS1 End0.11
CR1 Start0.12
Volume & EV
DER(3)-0.65%
DER(5)-1.11%
Volume49.70K
Volume Incr-68.82%
Vol(5)108.47K
Vol(50)191.15K