EON RESOURCES INC (EONR) Stock Technical Analysis
NYSEARCA:EONR - NYSE Arca - US40472A1025 - Common Stock - Currency: USD
Overall EONR gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. EONR was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, EONR is a bad performer in the overall market: 100% of all stocks are doing better.
EONR is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 91% of 213 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
EONR has an average volume of 6267090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month EONR has a been trading in the 0.34 - 0.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
EONR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.48
0.58
We can see 2 important resistance areas.
- Resistance @0.53 from a trend line in the daily time frame.
- Resistance @0.57 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 EONR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EONR is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | EONR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EONR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EONR is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 53.3 | NEUTRAL | The RSI value for EONR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EONR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.67 | NEUTRAL | The Stochastics value for EONR is a neutral value. |
| Average True Range in percent/ATR (20) | 17.16 | HIGH VOLATILITY | The high ATR as a percentage value for EONR suggests high volalility. |
| Average Directional Index/ADX (14) | 39.56 | POSITIVE | The high ADX value value for EONR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.48
-0.01 (-2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.04%
1 Week-16.52%
2 Weeks12.94%
1 Month31.76%
3 Month-6.56%
6 Month-35.86%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%17.16%
ATR Inc-5.8%
Range Today0.13
ADR(20)0.08
ADR(20)%16.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.83
10 Day Low0.4
20 Day High0.83
20 Day Low0.34
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start0.53
Volume & EV
DER(3)-3.2%
DER(5)-3.9%
Volume24.35M
Volume Incr72.62%
Vol(5)18.43M
Vol(50)6.27M