ESHALLGO INC (EHGO) Technical Analysis
NASDAQ:EHGO • KYG3121H1039
We assign a technical rating of 0 out of 10 to EHGO. EHGO'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, EHGO is a bad performer in the overall market: 96% of all stocks are doing better.
- EHGO is part of the Commercial Services & Supplies industry. There are 82 other stocks in this industry, of which 79% are performing better than EHGO.
- EHGO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EHGO is lagging the market.
- In the last month EHGO has a been trading in the 0.17 - 0.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
EHGO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.18, a Stop Loss order could be placed below this zone.
More info and screens
0.18
We found 1 important support area.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @0.27 from a trend line in the daily time frame.
- Resistance @0.28 from a trend 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 EHGO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EHGO is down. |
| ChartMill Relative Strength | 4.82 | NEGATIVE | EHGO has a low relative strength, it was outperformed by 95.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EHGO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EHGO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EHGO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.11 | NEUTRAL | The RSI value for EHGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EHGO has a positive trend. |
| Stochastics (14,3) | 36.72 | NEUTRAL | The Stochastics value for EHGO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.91 | HIGH VOLATILITY | The high ATR as a percentage value for EHGO suggests high volalility. |
| Average Directional Index/ADX (14) | 11.26 | NEGATIVE | The low ADX value for EHGO suggests a weak or negative trend. |
EHGO Technicals: Chart, Performance Metrics, Trend & Indicators
0.193
-0.01 (-4.46%)
ESHALLGO INC / EHGO FAQ
Can you provide the ChartMill technical rating for ESHALLGO INC?
ChartMill assigns a technical rating of 0 / 10 to EHGO.
What is the trend direction for EHGO stock?
The current trend direction for ESHALLGO INC (EHGO) is Bearish.
What is the RSI signal for ESHALLGO INC (EHGO) stock?
ESHALLGO INC (EHGO) has an RSI value of 48.1101. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ESHALLGO INC?
The MACD indicator for ESHALLGO INC (EHGO) has a value of 0.00153298, indicating a bearish trend.
What is the support and resistance level for EHGO stock?
ESHALLGO INC (EHGO) has a support level at 0.18 and a resistance level at 0.27. Check the full technical report for our detailed analysis of EHGO support and resistance levels.