EASTERN INTERNATIONAL LTD / (ELOG) Stock Technical Analysis
NASDAQ:ELOG • KYG2907P1072
Overall ELOG gets a technical rating of 0 out of 10. ELOG 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.
- When comparing the yearly performance of all stocks, ELOG is a bad performer in the overall market: 100% of all stocks are doing better.
- ELOG is one of the lesser performing stocks in the Ground Transportation industry. 87% of 42 stocks in the same industry do better.
- In the last month ELOG has a been trading in the 0.85 - 1.60 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
ELOG has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.04
We can see 2 important resistance areas.
- A resistance zone ranging from 1.12 to 1.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.26 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 | DOWN | NEGATIVE | The long term trend for ELOG is down. |
| 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) | 36.93 | NEUTRAL | The RSI value for ELOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ELOG has a positive trend. |
| Stochastics (14,3) | 51.97 | NEUTRAL | The Stochastics value for ELOG is a neutral value. |
| Average True Range in percent/ATR (20) | 12.45 | HIGH VOLATILITY | The high ATR as a percentage value for ELOG suggests high volalility. |
| Average Directional Index/ADX (14) | 12.68 | NEGATIVE | The low ADX value for ELOG suggests a weak or negative trend. |
1.05
-0.02 (-1.87%)
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 36.9339. 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 0.0079959, indicating a bearish trend.
Can you provide the buy/sell signal for EASTERN INTERNATIONAL LTD /?
The buy/sell signal for EASTERN INTERNATIONAL LTD / (ELOG) is sell as both the short term and long term trends are negative.