EOS ENERGY ENTERPRISES INC (EOSE) Stock Technical Analysis
NASDAQ:EOSE • US29415C1018
Overall EOSE gets a technical rating of 0 out of 10. EOSE'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.
- 67% of all other stocks performed better in the past year than EOSE.
- EOSE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month EOSE has a been trading in the 6.38 - 16.99 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- EOSE has an average volume of 20850300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- EOSE is part of the Electrical Equipment industry. There are 91 other stocks in this industry, EOSE did better than 43% of them.
The technical rating of EOSE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.09
We found 1 important support area.
- Support @6.15 from a trend line in the weekly 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 EOSE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EOSE is down. |
| ChartMill Relative Strength | 33.03 | NEUTRAL | EOSE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EOSE is below a declining 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 | MIXED | The current price of EOSE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 27.36 | OVERSOLD | The low RSI value suggests EOSE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests EOSE has a negative trend. |
| Stochastics (14,3) | 25.57 | NEUTRAL | The Stochastics value for EOSE is a neutral value. |
| Average True Range in percent/ATR (20) | 21.77 | HIGH VOLATILITY | The high ATR as a percentage value for EOSE suggests high volalility. |
| Average Directional Index/ADX (14) | 24.51 | NEUTRAL | The ADX value for EOSE suggests a possible start of a new trend. |
6.74
-4.39 (-39.44%)
EOS ENERGY ENTERPRISES INC / EOSE FAQ
What is the ChartMill technical rating of EOS ENERGY ENTERPRISES INC (EOSE) stock?
ChartMill assigns a technical rating of 0 / 10 to EOSE.
What is the trend direction for EOSE stock?
The current trend direction for EOS ENERGY ENTERPRISES INC (EOSE) is Bearish.
Can you provide the RSI signal for EOS ENERGY ENTERPRISES INC?
EOS ENERGY ENTERPRISES INC (EOSE) has an RSI value of 27.3626. This indicates that the stock is currently oversold.
What is the MACD signal for EOS ENERGY ENTERPRISES INC (EOSE) stock?
The MACD indicator for EOS ENERGY ENTERPRISES INC (EOSE) has a value of -0.320519, indicating a bearish trend.
What is the short term momentum for EOSE stock?
The short term momentum for EOS ENERGY ENTERPRISES INC (EOSE) is negative.