EGUANA TECHNOLOGIES INC (EGT.CA) Stock Technical Analysis
TSX-V:EGT - TSX Venture Exchange - CA2823655014 - Common Stock - Currency: CAD
Taking everything into account, EGT scores 2 out of 10 in our technical rating. In the past year, EGT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
91% of all other stocks performed better in the past year than EGT.
EGT is part of the Electrical Equipment industry. There are 14 other stocks in this industry, of which 100% are performing better than EGT.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month EGT has a been trading in the 0.07 - 0.11 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
EGT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EGT is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of EGT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.07
0.11
2 important support areas can be observed.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.07 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 EGT.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EGT.CA is up. |
| ChartMill Relative Strength | 9.33 | NEGATIVE | EGT.CA has a low relative strength, it was outperformed by 90.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EGT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EGT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EGT.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.56 | NEUTRAL | The RSI value for EGT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EGT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for EGT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6 | HIGH VOLATILITY | The high ATR as a percentage value for EGT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.97 | NEGATIVE | The low ADX value for EGT.CA suggests a weak or negative 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-V:EGT (5/23/2025, 7:00:00 PM)
0.1
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0%
1 Week11.11%
2 Weeks25%
1 Month42.86%
3 Month-33.33%
6 Month100%
12 Month-33.33%
2 Year-92.59%
3 Year-96.92%
5 Year-87.5%
10 Year-96.55%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%6%
ATR Inc31.25%
Range Today0
ADR(20)0
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.33
Mansfield-0.89
10 Day High0.11
10 Day Low0.08
20 Day High0.11
20 Day Low0.08
52 Week High0.2
52 Week Low0.05
CS1 End0.09
CR1 Start0.1
Volume & EV
DER(3)0%
DER(5)0%
Volume10.50K
Volume Incr20.37%
Vol(5)25.35K
Vol(50)55.15K