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ENTHUSIAST GAMING HOLDINGS I (EGLX) Stock Technical Analysis

NASDAQ:EGLX - Nasdaq - CA29385B1094 - Common Stock - Currency: USD

0.25  -0.03 (-11.97%)

After market: 0.225 -0.02 (-10%)

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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
95% of all other stocks performed better in the past year than EGLX.
EGLX is part of the Interactive Media & Services industry. There are 71 other stocks in this industry, of which 85% are performing better than EGLX.
EGLX 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 EGLX is lagging the market.
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 0.23 - 0.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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

5

EGLX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

0.25

0.44

When analyzing the resistance we notice 3 important areas.

  • Resistance @0.33 from a trend line in the daily time frame.
  • Resistance @0.34 from a trend line in the daily time frame.
  • Resistance @0.44 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.4
Mansfield-5.34
10 Day High0.35
10 Day Low0.23
20 Day High0.36
20 Day Low0.23
52 Week High1.08
52 Week Low0.23
Performance
1 Week-18.3%
2 Weeks-21.38%
1 Month-24.92%
3 Month-59.01%
6 Month-40.49%
12 Month-63.03%
2 Year-91.86%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)37.16
LBB0.23
UBB0.38
ENTHUSIAST GAMING HOLDINGS I / EGLX Daily stock chart

ENTHUSIAST GAMING HOLDINGS I

NASDAQ:EGLX (10/27/2023, 8:12:22 PM)

After market: 0.225 -0.02 (-10%)

0.25

-0.03 (-11.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-11.97%
1 Week-18.3%
2 Weeks-21.38%
1 Month-24.92%
3 Month-59.01%
6 Month-40.49%
12 Month-63.03%
2 Year-91.86%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%16.16%
ATR Inc26.32%
Range Today0.07
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.4
Mansfield-5.34
10 Day High0.35
10 Day Low0.23
20 Day High0.36
20 Day Low0.23
52 Week High1.08
52 Week Low0.23
CS1 EndN/A
CR1 Start0.33
Volume & EV
DER(3)-6.09%
DER(5)-10.03%
Volume220.10K
Volume Incr150.98%
Vol(5)548.30K
Vol(50)272.86K