ENTHUSIAST GAMING HOLDINGS I (EGLX.CA) Stock Technical Analysis
TSX:EGLX • CA29385B1094
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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 99% of all other stocks performed better in the past year than EGLX.
- EGLX is part of the Interactive Media & Services industry. There are 9 other stocks in this industry, of which 75% 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.
- In the last month EGLX has a been trading in the 0.04 - 0.05 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.
EGLX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.04, a Stop Loss order could be placed below this zone.
More info and screens
0.04
We found 1 important support area.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.08 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 | DOWN | NEGATIVE | The long term trend for EGLX.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EGLX.CA is neutral. |
| ChartMill Relative Strength | 1.9 | NEGATIVE | EGLX.CA has a low relative strength, it was outperformed by 98.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EGLX.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EGLX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EGLX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.34 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 44.44 | NEUTRAL | The Stochastics value for EGLX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.78 | HIGH VOLATILITY | The high ATR as a percentage value for EGLX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.59 | POSITIVE | The high ADX value value for EGLX.CA suggests a strong trend. |
TSX:EGLX (2/17/2026, 7:00:00 PM)
0.045
+0 (+12.5%)
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 52.3398. 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 -0.0000678659, 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 neutral.