Overall ELOG gets a technical rating of 0 out of 10. ELOG'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.
ELOG 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
1.14
We can see 3 important resistance areas.
- Resistance @1.90 from a trend line in the daily time frame.
- Resistance @1.96 from a trend line in the daily time frame.
- Resistance @2.60 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ELOG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELOG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ELOG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELOG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELOG is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 29.76 | OVERSOLD | The low RSI value suggests ELOG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ELOG has a negative trend. |
| Stochastics (14,3) | 16.92 | OVERSOLD | The low Stochastics value suggests ELOG may be oversold. |
| Average True Range in percent/ATR (20) | 26.98 | HIGH VOLATILITY | The high ATR as a percentage value for ELOG suggests high volalility. |
| Average Directional Index/ADX (14) | 22.29 | NEUTRAL | The ADX value for ELOG suggests a possible start of a new trend. |
1.15
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EASTERN INTERNATIONAL LTD / / ELOG FAQ
Can you provide the ChartMill technical rating for EASTERN INTERNATIONAL LTD /?
ChartMill assigns a technical rating of 0 / 10 to ELOG.
Can you provide the trend direction for EASTERN INTERNATIONAL LTD /?
The current trend direction for EASTERN INTERNATIONAL LTD / (ELOG) is Bearish.
What is the RSI signal for ELOG stock?
EASTERN INTERNATIONAL LTD / (ELOG) has an RSI value of 29.7556. This indicates that the stock is currently oversold.
Can you provide the MACD signal for EASTERN INTERNATIONAL LTD /?
The MACD indicator for EASTERN INTERNATIONAL LTD / (ELOG) has a value of -0.0440337, indicating a bearish trend.