EOS ENERGY ENTERPRISES INC (EOSE) Stock Technical Analysis
NASDAQ:EOSE - Nasdaq - US29415C1018 - Common Stock - Currency: USD
Overall EOSE gets a technical rating of 5 out of 10. Although EOSE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Looking at the yearly performance, EOSE did better than 92% of all other stocks. We also observe that the gains produced by EOSE over the past year are nicely spread over this period.
EOSE is part of the Electrical Equipment industry. There are 94 other stocks in this industry. EOSE outperforms 82% of them.
EOSE has an average volume of 14484600 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.
EOSE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EOSE is lagging the market.
In the last month EOSE has a been trading in the 3.96 - 5.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EOSE has an average technical rating and the quality of the presented setup is also not ideal 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
3.78
5.21
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.59 to 4.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.14 from a trend line in the weekly time frame.
- Support @4.07 from a trend line in the daily time frame.
- Support @3.82 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @4.92 from a trend line in the daily time frame.
- A resistance zone ranging from 5.08 to 5.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 EOSE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EOSE is down. |
| ChartMill Relative Strength | 92.83 | POSITIVE | EOSE has a high relative strength, it outperformed 92.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EOSE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EOSE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EOSE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.33 | NEUTRAL | The RSI value for EOSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EOSE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.9 | NEUTRAL | The Stochastics value for EOSE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for EOSE suggests high volalility. |
| Average Directional Index/ADX (14) | 19.74 | NEGATIVE | The low ADX value for EOSE suggests a weak or negative 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)
4.63
-0.02 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.43%
1 Week-8.86%
2 Weeks1.98%
1 Month15.46%
3 Month9.46%
6 Month-6.65%
12 Month100.43%
2 Year88.21%
3 Year46.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%7.67%
ATR Inc-53.61%
Range Today0.19
ADR(20)0.34
ADR(20)%7.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.83
Mansfield0.93
10 Day High5.48
10 Day Low4.28
20 Day High5.48
20 Day Low3.96
52 Week High7.36
52 Week Low1.4
CS1 End4.62
CR1 Start4.92
Volume & EV
DER(3)-2.67%
DER(5)-3.97%
Volume7.95M
Volume Incr-18.08%
Vol(5)11.42M
Vol(50)14.48M