WESTERN ASSET GLOBAL HIGH IN (EHI) Technical Analysis
NYSE:EHI • US95766B1098
Current stock price
EHI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to EHI. EHI'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 71% of all other stocks performed better in the past year than EHI.
- EHI 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 EHI is lagging the market.
- In the last month EHI has a been trading in the 6.15 - 6.55 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
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
6.08
When analyzing the support we notice one important area.
- A support zone ranging from 6.14 to 6.14. 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 6.21 to 6.71. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for EHI is down. |
| ChartMill Relative Strength | 29.46 | NEGATIVE | EHI has a low relative strength, it was outperformed by 70.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EHI is below a declining 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) | 22.16 | OVERSOLD | The low RSI value suggests EHI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EHI has a negative trend. |
| Stochastics (14,3) | 11.47 | OVERSOLD | The low Stochastics value suggests EHI may be oversold. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for EHI suggests low volalility. |
| Average Directional Index/ADX (14) | 35.28 | 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
6.15
-0.02 (-0.32%)
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 0 / 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 EHI stock?
WESTERN ASSET GLOBAL HIGH IN (EHI) has an RSI value of 22.1551. This indicates that the stock is currently oversold.
What is the MACD signal for WESTERN ASSET GLOBAL HIGH IN (EHI) stock?
The MACD indicator for WESTERN ASSET GLOBAL HIGH IN (EHI) has a value of -0.0242042, indicating a bearish trend.
Can you provide the short term momentum for WESTERN ASSET GLOBAL HIGH IN?
The short term momentum for WESTERN ASSET GLOBAL HIGH IN (EHI) is negative.