We assign a technical rating of 1 out of 10 to EH. EH'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.
Although the technical rating is bad, EH does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.93, a Stop Loss order could be placed below this zone.
12.65
When analyzing the support we can see 2 important areas.
We can see 5 important resistance areas.
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 EH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EH is neutral. |
| ChartMill Relative Strength | 18.58 | NEGATIVE | EH has a low relative strength, it was outperformed by 81.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.34 | NEUTRAL | The RSI value for EH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests EH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.31 | NEUTRAL | The Stochastics value for EH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for EH suggests some volalility. |
| Average Directional Index/ADX (14) | 20.28 | NEUTRAL | The ADX value for EH suggests a possible start of a new trend. |
13.96
-0.14 (-0.99%)
ChartMill assigns a technical rating of 1 / 10 to EH.
The current trend direction for EHANG HOLDINGS LTD-SPS ADR (EH) is Bearish.
EHANG HOLDINGS LTD-SPS ADR (EH) has an RSI value of 49.3437. This indicates that the stock is currently neutral.
The MACD indicator for EHANG HOLDINGS LTD-SPS ADR (EH) has a value of 0.166498, indicating a bearish trend.