EON RESOURCES INC (EONR) Stock Technical Analysis
USA - NYSEARCA:EONR - US40472A1025 - Common Stock
0.4523 USD
-0.01 (-1.67%)
0.4451 USD
-0.01 (-1.59%)
Overall EONR gets a technical rating of 2 out of 10. EONR performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, EONR is a bad performer in the overall market: 77% of all stocks are doing better.
EONR is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 64% are performing better than EONR.
EONR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EONR is lagging the market.
In the last month EONR has a been trading in the 0.41 - 0.56 range, which is quite wide. It is currently trading near the lows of this range.
EONR has an average volume of 3033740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
EONR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.43
0.63
2 important support areas can be observed.
- A support zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @0.48 from a trend line in the daily time frame.
- Resistance @0.50 from a horizontal line in the daily time frame.
- Resistance @0.62 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 EONR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EONR is down. |
| ChartMill Relative Strength | 23.66 | NEGATIVE | EONR has a low relative strength, it was outperformed by 76.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EONR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EONR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EONR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.38 | NEUTRAL | The RSI value for EONR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EONR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.71 | NEUTRAL | The Stochastics value for EONR is a neutral value. |
| Average True Range in percent/ATR (20) | 10.3 | HIGH VOLATILITY | The high ATR as a percentage value for EONR suggests high volalility. |
| Average Directional Index/ADX (14) | 28.12 | 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)
0.4523
-0.01 (-1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.67%
1 Week3.6%
2 Weeks-6.76%
1 Month-10.17%
3 Month29.75%
6 Month11.4%
12 Month-55.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%10.3%
ATR Inc9.07%
Range Today0.05
ADR(20)0.04
ADR(20)%9.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.66
3 months CRS93.74
6 months CRS68.66
Mansfield-2.07
10 Day High0.54
10 Day Low0.41
20 Day High0.56
20 Day Low0.41
52 Week High1.9
52 Week Low0.27
CS1 End0.45
CR1 Start0.48
Volume & EV
DER(3)-6.63%
DER(5)-2.96%
Volume825.36K
Volume Incr-40.64%
Vol(5)2.22M
Vol(50)3.03M
EON RESOURCES INC / EONR FAQ
What is the technical rating for EONR stock?
ChartMill assigns a technical rating of 2 / 10 to EONR.
Can you provide the trend direction for EON RESOURCES INC?
The current trend direction for EON RESOURCES INC (EONR) is Bearish.
Can you provide the RSI signal for EON RESOURCES INC?
EON RESOURCES INC (EONR) has an RSI value of 45.3798. This indicates that the stock is currently neutral.
What is the MACD signal for EONR stock?
The MACD indicator for EON RESOURCES INC (EONR) has a value of -0.00673133, indicating a bearish trend.