ENTHUSIAST GAMING HOLDINGS I (EGLX) Technical Analysis
NASDAQ:EGLX • CA29385B1094
Current stock price
EGLX Technical Rating and Analysis
Taking everything into account, EGLX scores 0 out of 10 in our technical rating. EGLX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 95% of all other stocks performed better in the past year than EGLX.
- EGLX is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, of which 80% 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 0.23 - 0.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EGLX Weekly and Daily overview Charts
EGLX Setup Rating and Analysis
Although the technical rating is bad, EGLX does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
EGLX Support and Resistance Analysis
0.25
We can see 3 important resistance 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.
EGLX 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for EGLX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EGLX is down. |
| ChartMill Relative Strength | 5.4 | NEGATIVE | EGLX has a low relative strength, it was outperformed by 94.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EGLX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EGLX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EGLX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.16 | NEUTRAL | The RSI value for EGLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EGLX has a negative trend. |
| Stochastics (14,3) | 31.63 | NEUTRAL | The Stochastics value for EGLX is a neutral value. |
| Average True Range in percent/ATR (20) | 16.16 | HIGH VOLATILITY | The high ATR as a percentage value for EGLX suggests high volalility. |
| Average Directional Index/ADX (14) | 37.85 | POSITIVE | The high ADX value value for EGLX suggests a strong trend. |
EGLX Chart- and CandleStick Pattern Analysis
EGLX Technicals: Chart, Performance Metrics, Trend & Indicators
0.25
-0.03 (-11.97%)
ENTHUSIAST GAMING HOLDINGS I / EGLX TA FAQ
Can you provide the ChartMill technical rating for ENTHUSIAST GAMING HOLDINGS I?
ChartMill assigns a technical rating of 0 / 10 to EGLX.
Can you provide the trend direction for ENTHUSIAST GAMING HOLDINGS I?
The current trend direction for ENTHUSIAST GAMING HOLDINGS I (EGLX) is Bearish.
Can you provide the RSI signal for ENTHUSIAST GAMING HOLDINGS I?
ENTHUSIAST GAMING HOLDINGS I (EGLX) has an RSI value of 37.1622. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ENTHUSIAST GAMING HOLDINGS I?
The MACD indicator for ENTHUSIAST GAMING HOLDINGS I (EGLX) has a value of -0.00376192, indicating a bearish trend.
What are the support and resistance levels for ENTHUSIAST GAMING HOLDINGS I (EGLX) stock?
ENTHUSIAST GAMING HOLDINGS I (EGLX) has a resistance level at 0.33. Check the full technical report for our detailed analysis of EGLX support and resistance levels.