Endurance Int Group (EIGI) Technical Analysis
NASDAQ:EIGI
Current stock price
EIGI Technical Rating and Analysis
Overall EIGI gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EIGI is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that EIGI is one of the better performing stocks in the market, outperforming 83% of all stocks.
- EIGI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EIGI is leading the market.
- In the last month EIGI has a been trading in a tight range between 9.45 and 9.51.
EIGI Weekly and Daily overview Charts
EIGI Setup Rating and Analysis
EIGI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.48, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
EIGI Support and Resistance Analysis
7.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.41 to 9.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.60 to 7.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.12 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.50 to 9.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
EIGI 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 EIGI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EIGI is up. |
| ChartMill Relative Strength | 83.15 | POSITIVE | EIGI has a high relative strength, it outperformed 83.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EIGI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EIGI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EIGI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.88 | NEUTRAL | The RSI value for EIGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EIGI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for EIGI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for EIGI suggests low volalility. |
EIGI Chart- and CandleStick Pattern Analysis
EIGI 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 |
|---|---|---|---|
| 9.51 | 9.46 | 0.05 (0.53%) | 25.00% |
| An entry @9.51. This is a Buy Stop order right above the resistance zone. | An exit @9.46. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 0.53%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.13%. |
- 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.
EIGI Technicals: Chart, Performance Metrics, Trend & Indicators
9.49
0 (0%)
Endurance Int Group / EIGI TA FAQ
Can you provide the ChartMill technical rating for Endurance Int Group?
ChartMill assigns a technical rating of 8 / 10 to EIGI.
What is the trend direction for EIGI stock?
The current trend direction for Endurance Int Group (EIGI) is Bullish.
What is the RSI signal for EIGI stock?
Endurance Int Group (EIGI) has an RSI value of 66.8757. This indicates that the stock is currently neutral.
What is the MACD signal for Endurance Int Group (EIGI) stock?
The MACD indicator for Endurance Int Group (EIGI) has a value of -0.00713547, indicating a bearish trend.
What is the short term momentum for EIGI stock?
The short term momentum for Endurance Int Group (EIGI) is positive.