EIGER BIOPHARMACEUTICALS INC (EIGR) Technical Analysis
NASDAQ:EIGR • US28249U2042
Current stock price
EIGR Technical Rating and Analysis
Taking everything into account, EIGR scores 0 out of 10 in our technical rating. EIGR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than EIGR.
- EIGR is one of the lesser performing stocks in the Biotechnology industry. 93% of 517 stocks in the same industry do better.
- EIGR 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 EIGR is lagging the market.
- In the last month EIGR has a been trading in the 1.10 - 7.20 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
EIGR Weekly and Daily overview Charts
EIGR Setup Rating and Analysis
The technical rating of EIGR 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
EIGR Support and Resistance Analysis
EIGR 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 EIGR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EIGR is down. |
| ChartMill Relative Strength | 0.31 | NEGATIVE | EIGR has a low relative strength, it was outperformed by 99.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EIGR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EIGR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EIGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.88 | OVERSOLD | The low RSI value suggests EIGR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests EIGR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.57 | OVERSOLD | The low Stochastics value suggests EIGR may be oversold. |
| Average True Range in percent/ATR (20) | 53.23 | HIGH VOLATILITY | The high ATR as a percentage value for EIGR suggests high volalility. |
| Average Directional Index/ADX (14) | 21.59 | NEUTRAL | The ADX value for EIGR suggests a possible start of a new trend. |
EIGR Chart- and CandleStick Pattern Analysis
EIGR Technicals: Chart, Performance Metrics, Trend & Indicators
1.725
-0.17 (-9.21%)
EIGER BIOPHARMACEUTICALS INC / EIGR TA FAQ
Can you provide the ChartMill technical rating for EIGER BIOPHARMACEUTICALS INC?
ChartMill assigns a technical rating of 0 / 10 to EIGR.
Can you provide the trend direction for EIGER BIOPHARMACEUTICALS INC?
The current trend direction for EIGER BIOPHARMACEUTICALS INC (EIGR) is Bearish.
What is the RSI signal for EIGR stock?
EIGER BIOPHARMACEUTICALS INC (EIGR) has an RSI value of 28.8795. This indicates that the stock is currently oversold.
What is the MACD signal for EIGR stock?
The MACD indicator for EIGER BIOPHARMACEUTICALS INC (EIGR) has a value of -0.229758, indicating a bearish trend.