ESHALLGO INC (EHGO) Technical Analysis
NASDAQ:EHGO • KYG3121H1039
Current stock price
EHGO Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to EHGO. EHGO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, EHGO is a bad performer in the overall market: 94% of all stocks are doing better.
- EHGO is one of the lesser performing stocks in the Commercial Services & Supplies industry. 73% of 81 stocks in the same industry do better.
- 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.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month EHGO has a been trading in the 0.16 - 0.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EHGO Weekly and Daily overview Charts
EHGO Setup Rating and Analysis
EHGO has a poor technical rating and the quality of the setup is also only medium 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
EHGO Support and Resistance Analysis
0.22
We found 1 important resistance area.
- A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
EHGO Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for EHGO is neutral. |
| ChartMill Relative Strength | 6.17 | NEGATIVE | EHGO has a low relative strength, it was outperformed by 93.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EHGO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EHGO is above 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) | 60.33 | 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) | 71.3 | NEUTRAL | The Stochastics value for EHGO is a neutral value. |
| Average True Range in percent/ATR (20) | 11.78 | HIGH VOLATILITY | The high ATR as a percentage value for EHGO suggests high volalility. |
| Average Directional Index/ADX (14) | 20.38 | NEUTRAL | The ADX value for EHGO suggests a possible start of a new trend. |
EHGO Chart- and CandleStick Pattern Analysis
EHGO Technicals: Chart, Performance Metrics, Trend & Indicators
0.222
+0 (+1.69%)
ESHALLGO INC / EHGO TA FAQ
Can you provide the ChartMill technical rating for ESHALLGO INC?
ChartMill assigns a technical rating of 1 / 10 to EHGO.
What is the trend direction for EHGO stock?
The current trend direction for ESHALLGO INC (EHGO) is Bearish.
Can you provide the RSI signal for ESHALLGO INC?
ESHALLGO INC (EHGO) has an RSI value of 60.3268. This indicates that the stock is currently neutral.
What is the support and resistance level for EHGO stock?
ESHALLGO INC (EHGO) has a resistance level at 0.23. Check the full technical report for our detailed analysis of EHGO support and resistance levels.