EAGLE POINT INCOME CO INC (EIC) Technical Analysis
NYSE:EIC • US2698171020
Current stock price
EIC Technical Rating and Analysis
Taking everything into account, EIC scores 2 out of 10 in our technical rating. In the past year, EIC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 87% of all other stocks performed better in the past year than EIC.
- EIC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month EIC has a been trading in the 9.21 - 10.05 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Considerably lower volume is observed in the last couple of days.
EIC Weekly and Daily overview Charts
EIC Setup Rating and Analysis
EIC has a poor technical rating and the quality of the setup is also not perfect 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
EIC Support and Resistance Analysis
9.11
When analyzing the support we can see 4 important areas.
- Support @9.96 from a trend line in the daily time frame.
- A support zone ranging from 9.62 to 9.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.40 from a horizontal line in the weekly time frame.
- Support @9.20 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.01 to 10.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.91 to 10.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.62 from a horizontal line in the daily time frame.
EIC 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 EIC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EIC is up. |
| ChartMill Relative Strength | 13.61 | NEGATIVE | EIC has a low relative strength, it was outperformed by 86.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EIC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EIC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.33 | NEUTRAL | The RSI value for EIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests EIC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.6 | OVERBOUGHT | The high Stochastics value suggests EIC may be overbought. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for EIC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.03 | NEUTRAL | The ADX value for EIC suggests a possible start of a new trend. |
EIC Chart- and CandleStick Pattern Analysis
EIC Technicals: Chart, Performance Metrics, Trend & Indicators
10
+0.07 (+0.7%)
EAGLE POINT INCOME CO INC / EIC TA FAQ
What is the technical rating for EIC stock?
ChartMill assigns a technical rating of 2 / 10 to EIC.
Can you provide the trend direction for EAGLE POINT INCOME CO INC?
The current trend direction for EAGLE POINT INCOME CO INC (EIC) is Bearish.
What is the RSI signal for EIC stock?
EAGLE POINT INCOME CO INC (EIC) has an RSI value of 63.334. This indicates that the stock is currently neutral.
What is the MACD signal for EAGLE POINT INCOME CO INC (EIC) stock?
The MACD indicator for EAGLE POINT INCOME CO INC (EIC) has a value of 0.0704712, indicating a bearish trend.
Can you provide the buy/sell signal for EAGLE POINT INCOME CO INC?
The buy/sell signal for EAGLE POINT INCOME CO INC (EIC) is hold as the short term and long term trends are mixed.