EOS ENERGY ENTER -CW26 (EOSEW) Stock Technical Analysis
NASDAQ:EOSEW - Nasdaq - - Currency: USD
Taking everything into account, EOSEW scores 5 out of 10 in our technical rating. Although EOSEW 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
EOSEW 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.
Looking at the yearly performance, EOSEW did better than 98% of all other stocks. On top of that, EOSEW also shows a nice and consistent pattern of rising prices.
In the last month EOSEW has a been trading in the 0.24 - 0.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, EOSEW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for EOSEW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.21
0.42
When analyzing the support we can see 2 important areas.
- Support @0.29 from a trend line in the daily time frame.
- Support @0.21 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 | DOWN | NEGATIVE | The long term trend for EOSEW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EOSEW is neutral. |
| ChartMill Relative Strength | 98.28 | POSITIVE | EOSEW has a high relative strength, it outperformed 98.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EOSEW is below a declining 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 | MIXED | The current price of EOSEW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.36 | NEUTRAL | The RSI value for EOSEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EOSEW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.58 | NEUTRAL | The Stochastics value for EOSEW is a neutral value. |
| Average True Range in percent/ATR (20) | 25.71 | HIGH VOLATILITY | The high ATR as a percentage value for EOSEW suggests high volalility. |
| Average Directional Index/ADX (14) | 15.72 | NEGATIVE | The low ADX value for EOSEW 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)
0.42
+0.04 (+10.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg10.24%
1 Week31.25%
2 Weeks-12.5%
1 Month-16.08%
3 Month5%
6 Month133.33%
12 Month250%
2 Year-70%
3 Year13.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%25.71%
ATR Inc16.77%
Range Today0.13
ADR(20)0.1
ADR(20)%23.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.28
Mansfield-0.61
10 Day High0.52
10 Day Low0.24
20 Day High0.73
20 Day Low0.24
52 Week High1.61
52 Week Low0.12
CS1 End0.29
CR1 StartN/A
Volume & EV
DER(3)12.66%
DER(5)16.41%
Volume48.20K
Volume Incr-29.81%
Vol(5)48.54K
Vol(50)54.36K