Logo image of EOX

EMERALD OIL INC (EOX) Stock Technical Analysis

NYSEARCA:EOX - NYSE Arca - US29101U4076

1.37  +0.09 (+7.03%)

Technical Rating and Analysis

4

Overall EOX gets a technical rating of 4 out of 10. In the past year, EOX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

94% of all other stocks performed better in the past year than EOX.
EOX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month EOX has a been trading in the 0.62 - 1.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
EMERALD OIL INC / EOX Weekly stock chart
EMERALD OIL INC / EOX Daily stock chart
Setup Rating and Analysis

4

EOX has an average technical rating and also the quality of the setup is only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

0.92

1.48

When analyzing the support we notice one important area.

  • Support @0.93 from a trend line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 1.38 to 1.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1.47 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for EOX is down.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for EOX is up.
ChartMill Relative Strength6.61NEGATIVEEOX has a low relative strength, it was outperformed by 93.39% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of EOX is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of EOX is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of EOX is below a declining SMA(200).
Relative Strength Index/RSI (14)63.7NEUTRALThe RSI value for EOX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests EOX has a positive trend, although the MACD value is declining.
Stochastics (14,3)56.44NEUTRALThe Stochastics value for EOX is a neutral value.
Average True Range in percent/ATR (20)14.93HIGH VOLATILITYThe high ATR as a percentage value for EOX suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
EMERALD OIL INC / EOX Daily stock chart

EMERALD OIL INC

NYSEARCA:EOX (3/22/2016, 8:49:34 PM)

1.37

+0.09 (+7.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.03%
1 Week8.73%
2 Weeks15.13%
1 Month75.64%
3 Month10.48%
6 Month-30.1%
12 Month-90.99%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%14.93%
ATR Inc-59.18%
Range Today0.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.61
Mansfield-6.22
10 Day High1.44
10 Day Low1.08
20 Day High1.69
20 Day Low0.62
52 Week High18.8
52 Week Low0.39
CS1 End0.93
CR1 Start1.38
Volume & EV
DER(3)-9.25%
DER(5)-10.94%
Volume144.10K
Volume Incr-18.09%
Vol(5)227.38K
Vol(50)209.89K