EOS ENERGY ENTER -CW26 (EOSEW) Stock Technical Analysis
NASDAQ:EOSEW - Nasdaq - - Currency: USD
Overall EOSEW gets a technical rating of 7 out of 10. Although EOSEW has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month EOSEW has a been trading in the 0.32 - 0.69 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that EOSEW is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
EOSEW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EOSEW is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although EOSEW has an excellent technical rating, it does not present a decent entry opportunity 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
0.30
0.60
When analyzing the support we can see 4 important areas.
- Support @0.42 from a trend line in the daily time frame.
- Support @0.38 from a trend line in the daily time frame.
- Support @0.34 from a trend line in the weekly time frame.
- Support @0.30 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.59 from a horizontal 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 EOSEW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EOSEW is up. |
| ChartMill Relative Strength | 93.91 | POSITIVE | EOSEW has a high relative strength, it outperformed 93.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EOSEW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EOSEW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EOSEW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.48 | NEUTRAL | The RSI value for EOSEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EOSEW has a positive trend. |
| Stochastics (14,3) | 59.86 | NEUTRAL | The Stochastics value for EOSEW is a neutral value. |
| Average True Range in percent/ATR (20) | 13.87 | HIGH VOLATILITY | The high ATR as a percentage value for EOSEW suggests high volalility. |
| Average Directional Index/ADX (14) | 29.51 | POSITIVE | The high ADX value value for EOSEW 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)
0.56
+0.06 (+12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg12%
1 Week42.68%
2 Weeks18.59%
1 Month32.83%
3 Month25.84%
6 Month-56.25%
12 Month106.87%
2 Year-16.42%
3 Year-23.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%13.87%
ATR Inc122.09%
Range Today0.17
ADR(20)0.07
ADR(20)%13.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.91
Mansfield1.6
10 Day High0.69
10 Day Low0.37
20 Day High0.69
20 Day Low0.32
52 Week High1.61
52 Week Low0.13
CS1 End0.42
CR1 Start0.59
Volume & EV
DER(3)-12.65%
DER(5)-19.02%
Volume104.10K
Volume Incr247.6%
Vol(5)77.22K
Vol(50)48.89K