WESTERN ASSET GLOBAL HIGH IN (EHI) Technical Analysis
NYSE:EHI • US95766B1098
Current stock price
EHI Technical Rating and Analysis
Overall EHI gets a technical rating of 1 out of 10. EHI 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, EHI is a bad performer in the overall market: 76% of all stocks are doing better.
- EHI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EHI is lagging the market.
- In the last month EHI has a been trading in the 5.80 - 6.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EHI Weekly and Daily overview Charts
EHI Setup Rating and Analysis
The technical rating of EHI is bad and it also does not present a 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
EHI Support and Resistance Analysis
5.75
We found 1 important support area.
- A support zone ranging from 5.81 to 5.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 6.19 to 6.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.36 to 6.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.59 to 6.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.84 from a horizontal line in the weekly time frame.
EHI 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 EHI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EHI is neutral. |
| ChartMill Relative Strength | 24.59 | NEGATIVE | EHI has a low relative strength, it was outperformed by 75.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EHI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EHI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EHI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.72 | NEUTRAL | The RSI value for EHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EHI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.65 | NEUTRAL | The Stochastics value for EHI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for EHI suggests low volalility. |
| Average Directional Index/ADX (14) | 27.6 | POSITIVE | The high ADX value value for EHI suggests a strong trend. |
EHI Chart- and CandleStick Pattern Analysis
EHI Technicals: Chart, Performance Metrics, Trend & Indicators
6.09
-0.13 (-2.09%)
WESTERN ASSET GLOBAL HIGH IN / EHI TA FAQ
What is the ChartMill technical rating of WESTERN ASSET GLOBAL HIGH IN (EHI) stock?
ChartMill assigns a technical rating of 1 / 10 to EHI.
What is the current trend direction of WESTERN ASSET GLOBAL HIGH IN (EHI) stock?
The current trend direction for WESTERN ASSET GLOBAL HIGH IN (EHI) is Bearish.
What is the RSI signal for WESTERN ASSET GLOBAL HIGH IN (EHI) stock?
WESTERN ASSET GLOBAL HIGH IN (EHI) has an RSI value of 44.7187. This indicates that the stock is currently neutral.
What is the MACD signal for EHI stock?
The MACD indicator for WESTERN ASSET GLOBAL HIGH IN (EHI) has a value of 0.0148834, indicating a bearish trend.
Can you provide the support and resistance levels for WESTERN ASSET GLOBAL HIGH IN?
WESTERN ASSET GLOBAL HIGH IN (EHI) has a support level at 5.82 and a resistance level at 6.19. Check the full technical report for our detailed analysis of EHI support and resistance levels.