EHANG HOLDINGS LTD-SPS ADR (EH) Stock Technical Analysis
NASDAQ:EH - Nasdaq - US26853E1029 - ADR - Currency: USD
Overall EH gets a technical rating of 10 out of 10. EH has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, EH did better than 88% of all other stocks. We also observe that the gains produced by EH over the past year are nicely spread over this period.
In the last month EH has a been trading in the 16.52 - 20.45 range, which is quite wide. It is currently trading near the high of this range.
EH has an average volume of 1463540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EH is an average performer in the Aerospace & Defense industry, it outperforms 57% of 67 stocks in the same industry.
EH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EH is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although EH has an excellent technical rating, it does not offer a high 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
13.96
20.20
When analyzing the support we can see 6 important areas.
- A support zone ranging from 18.67 to 19.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @17.09 from a trend line in the weekly time frame.
- Support @16.08 from a trend line in the daily time frame.
- A support zone ranging from 15.73 to 15.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.48 from a horizontal line in the weekly time frame.
- Support @14.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.00 to 20.00. 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 | UP | POSITIVE | The long term trend for EH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EH is up. |
| ChartMill Relative Strength | 88.74 | POSITIVE | EH has a high relative strength, it outperformed 88.74% 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) | UP | POSITIVE | The current price of EH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.65 | OVERBOUGHT | The high RSI value suggests EH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests EH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.35 | OVERBOUGHT | The high Stochastics value suggests EH may be overbought. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for EH suggests some volalility. |
| Average Directional Index/ADX (14) | 27.21 | POSITIVE | The high ADX value value for EH suggests a strong 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)
19.99
+0.09 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.45%
1 Week6.44%
2 Weeks13%
1 Month16.02%
3 Month18%
6 Month20.49%
12 Month56.29%
2 Year-11.78%
3 Year188.46%
5 Year140.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%3.82%
ATR Inc1.78%
Range Today0.8
ADR(20)0.74
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.74
Mansfield0.76
10 Day High20.45
10 Day Low17.43
20 Day High20.45
20 Day Low16.52
52 Week High29.76
52 Week Low10.4
CS1 End19.04
CR1 Start20
Volume & EV
DER(3)0.9%
DER(5)3.68%
Volume1.32M
Volume Incr14.68%
Vol(5)1.59M
Vol(50)1.46M