EHI CAR SVCS LTD (EHIC) Technical Analysis
NYSE:EHIC
Current stock price
EHIC Technical Rating and Analysis
Overall EHIC gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EHIC is only an average performer.
- The long and short term trends are both positive. This is looking good!
- In the last month EHIC has a been trading in the 11.32 - 12.45 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that EHIC is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- EHIC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EHIC is lagging the market.
EHIC Weekly and Daily overview Charts
EHIC Setup Rating and Analysis
Although EHIC has an excellent technical rating, the quality of the presented setup is not ideal 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
EHIC Support and Resistance Analysis
9.47
2 important support areas can be observed.
- A support zone ranging from 11.56 to 12.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.57 to 9.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 13.43 to 13.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
EHIC 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 | UP | POSITIVE | The long term trend for EHIC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EHIC is up. |
| ChartMill Relative Strength | 73.69 | POSITIVE | EHIC has a high relative strength, it outperformed 73.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EHIC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EHIC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EHIC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.04 | NEUTRAL | The RSI value for EHIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EHIC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.35 | NEUTRAL | The Stochastics value for EHIC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for EHIC suggests low volalility. |
EHIC Chart- and CandleStick Pattern Analysis
EHIC Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.25 | 11.51 | 0.73 (6.00%) | 16.66% |
| An entry @12.24. This is a Buy Stop order right above the 10 day high. | An exit @11.51. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.73 points, which is 6.00%. | When investing 16.66% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EHIC Technicals: Chart, Performance Metrics, Trend & Indicators
12.2
-0.01 (-0.08%)
EHI CAR SVCS LTD / EHIC TA FAQ
Can you provide the ChartMill technical rating for EHI CAR SVCS LTD?
ChartMill assigns a technical rating of 7 / 10 to EHIC.
What is the trend direction for EHIC stock?
The current trend direction for EHI CAR SVCS LTD (EHIC) is Bullish.
Can you provide the RSI signal for EHI CAR SVCS LTD?
EHI CAR SVCS LTD (EHIC) has an RSI value of 63.0357. This indicates that the stock is currently neutral.
What is the MACD signal for EHIC stock?
The MACD indicator for EHI CAR SVCS LTD (EHIC) has a value of -0.0204963, indicating a bearish trend.
Can you provide the support and resistance levels for EHI CAR SVCS LTD?
EHI CAR SVCS LTD (EHIC) has a support level at 12.19 and a resistance level at 13.43. Check the full technical report for our detailed analysis of EHIC support and resistance levels.