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 bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for ELOG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.53
We can see 2 important resistance areas.
- Resistance @1.80 from a trend line in the daily time frame.
- Resistance @1.88 from a trend 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 | MIXED | The current price of ELOG is above 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) | 49.14 | NEUTRAL | The RSI value for ELOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ELOG has a positive trend. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for ELOG is a neutral value. |
| Average True Range in percent/ATR (20) | 19.26 | HIGH VOLATILITY | The high ATR as a percentage value for ELOG suggests high volalility. |
| Average Directional Index/ADX (14) | 19.62 | NEGATIVE | The low ADX value for ELOG suggests a weak or negative trend. |
1.55
+0.36 (+30.25%)
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 49.1387. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EASTERN INTERNATIONAL LTD /?
The MACD indicator for EASTERN INTERNATIONAL LTD / (ELOG) has a value of 0.0155056, indicating a bearish trend.