EHANG HOLDINGS LTD-SPS ADR (EH) Stock Technical Analysis
NASDAQ:EH - US26853E1029 - ADR
16.405 USD
+0.4 (+2.5%)
16.45 USD
+0.04 (+0.27%)
Overall EH gets a technical rating of 1 out of 10. EH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
EH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
EH is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
EH has an average volume of 1499020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, EH did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
EH is an average performer in the Aerospace & Defense industry, it outperforms 55% of 68 stocks in the same industry.
EH has a poor technical rating and the quality of the setup is also not perfect 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
13.92
20.07
When analyzing the support we can see 5 important areas.
- A support zone ranging from 15.64 to 15.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @15.10 from a trend line in the daily time frame.
- Support @14.86 from a trend line in the weekly time frame.
- A support zone ranging from 14.39 to 14.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.06 to 14.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 18.14 to 18.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.87 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for EH is down. |
| ChartMill Relative Strength | 76.49 | POSITIVE | EH has a high relative strength, it outperformed 76.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EH is below a declining 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) | UP | MIXED | The current price of EH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.73 | NEUTRAL | The RSI value for EH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.67 | NEUTRAL | The Stochastics value for EH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for EH suggests some volalility. |
| Average Directional Index/ADX (14) | 15.89 | NEGATIVE | The low ADX value for EH 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)
16.405
+0.4 (+2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg2.5%
1 Week5.3%
2 Weeks-7.79%
1 Month-7.11%
3 Month-1.47%
6 Month-32.15%
12 Month35.02%
2 Year-8.96%
3 Year289.67%
5 Year105.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.83
ATR(20)%4.7%
ATR Inc-36.84%
Range Today0.42
ADR(20)0.68
ADR(20)%4.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.49
Mansfield-1.48
10 Day High16.98
10 Day Low15.27
20 Day High19
20 Day Low15.27
52 Week High29.76
52 Week Low11.65
CS1 End15.78
CR1 Start18.14
Volume & EV
DER(3)-2.13%
DER(5)1.29%
Volume992.40K
Volume Incr-32.41%
Vol(5)1.22M
Vol(50)1.50M