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ENTHUSIAST GAMING HOLDINGS I (EGLX.CA) Stock Technical Analysis

Canada - Toronto Stock Exchange - TSX:EGLX - CA29385B1094 - Common Stock

0.045 CAD
+0 (+12.5%)
Last: 1/2/2026, 7:00:00 PM
Technical Rating and Analysis

0

Overall EGLX gets a technical rating of 0 out of 10. EGLX 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, EGLX is a bad performer in the overall market: 99% of all stocks are doing better.
EGLX is part of the Interactive Media & Services industry. There are 10 other stocks in this industry, of which 88% are performing better than EGLX.
EGLX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
In the last month EGLX has a been trading in the 0.04 - 0.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Weekly and Daily overview Charts
ENTHUSIAST GAMING HOLDINGS I / EGLX Weekly stock chart
ENTHUSIAST GAMING HOLDINGS I / EGLX Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, EGLX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

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Support and Resistance Analysis

0.04

0.08

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in the daily time frame.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for EGLX.CA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for EGLX.CA is down.
ChartMill Relative Strength1.16NEGATIVEEGLX.CA has a low relative strength, it was outperformed by 98.84% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of EGLX.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of EGLX.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of EGLX.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)33.47NEUTRALThe RSI value for EGLX.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests EGLX.CA has a negative trend, although the MACD value is rising.
Average True Range in percent/ATR (20)13.13HIGH VOLATILITYThe high ATR as a percentage value for EGLX.CA suggests high volalility.
Average Directional Index/ADX (14)17.89NEGATIVEThe low ADX value for EGLX.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)

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ENTHUSIAST GAMING HOLDINGS I / EGLX Daily stock chart

ENTHUSIAST GAMING HOLDINGS I

TSX:EGLX (1/2/2026, 7:00:00 PM)

0.045

+0 (+12.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryInteractive Media & Services
Performance
% Chg12.5%
1 Week-11.11%
2 Weeks-20%
1 Month-20%
3 Month-46.67%
6 Month-27.27%
12 Month-70.37%
2 Year-85.96%
3 Year-94.59%
5 Year-99.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%13.13%
ATR Inc-12.5%
Range Today0
ADR(20)0.01
ADR(20)%11.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.16
3 months CRS2.42
6 months CRS8.34
Mansfield-5.67
10 Day High0.06
10 Day Low0.04
20 Day High0.06
20 Day Low0.04
52 Week High0.14
52 Week Low0.04
CS1 EndN/A
CR1 Start0.08
Volume & EV
DER(3)2.02%
DER(5)-4.65%
Volume26.02K
Volume Incr89.71%
Vol(5)280.63K
Vol(50)138.18K

ENTHUSIAST GAMING HOLDINGS I / EGLX.CA FAQ

Can you provide the ChartMill technical rating for ENTHUSIAST GAMING HOLDINGS I?

ChartMill assigns a technical rating of 0 / 10 to EGLX.CA.


Can you provide the trend direction for ENTHUSIAST GAMING HOLDINGS I?

The current trend direction for ENTHUSIAST GAMING HOLDINGS I (EGLX.CA) is Bearish.


What is the RSI signal for ENTHUSIAST GAMING HOLDINGS I (EGLX.CA) stock?

ENTHUSIAST GAMING HOLDINGS I (EGLX.CA) has an RSI value of 33.4745. This indicates that the stock is currently neutral.


What is the MACD signal for EGLX stock?

The MACD indicator for ENTHUSIAST GAMING HOLDINGS I (EGLX.CA) has a value of -0.000369392, indicating a bearish trend.


What is the short term momentum for EGLX stock?

The short term momentum for ENTHUSIAST GAMING HOLDINGS I (EGLX.CA) is negative.