Taking everything into account, EKAR scores 0 out of 10 in our technical rating. EKAR'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.
Although the technical rating is bad, EKAR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 29.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.35, a Stop Loss order could be placed below this zone.
More info and screens
27.54
2 important support areas can be observed.
- Support @28.35 from a horizontal line in the daily time frame.
- A support zone ranging from 27.82 to 27.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 29.01 to 29.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 32.97 to 34.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 EKAR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EKAR is down. |
| ChartMill Relative Strength | 21.7 | NEGATIVE | EKAR has a low relative strength, it was outperformed by 78.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EKAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EKAR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EKAR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.62 | OVERSOLD | The low RSI value suggests EKAR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests EKAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.84 | OVERSOLD | The low Stochastics value suggests EKAR may be oversold. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for EKAR suggests low volalility. |
| Average Directional Index/ADX (14) | 31.87 | POSITIVE | The high ADX value value for EKAR suggests a strong trend. |
NYSEARCA:EKAR (1/11/2023, 8:06:05 PM)
29.005
-0.05 (-0.15%)
CAPITAL LINK GLOBAL GREEN EN / EKAR FAQ
What is the technical rating for EKAR stock?
ChartMill assigns a technical rating of 0 / 10 to EKAR.
What is the current trend direction of CAPITAL LINK GLOBAL GREEN EN (EKAR) stock?
The current trend direction for CAPITAL LINK GLOBAL GREEN EN (EKAR) is Bearish.
What is the RSI signal for EKAR stock?
CAPITAL LINK GLOBAL GREEN EN (EKAR) has an RSI value of 28.6182. This indicates that the stock is currently oversold.
What is the MACD signal for EKAR stock?
The MACD indicator for CAPITAL LINK GLOBAL GREEN EN (EKAR) has a value of -0.136606, indicating a bearish trend.
What is the short term momentum for EKAR stock?
The short term momentum for CAPITAL LINK GLOBAL GREEN EN (EKAR) is negative.