NASDAQ:ERI - Nasdaq -
Taking everything into account, ERI scores 5 out of 10 in our technical rating. Although ERI 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.
Although the technical rating is only medium, ERI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
35.70
We found 2 important support areas.
4 important resistance areas can be observed.
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 ERI is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ERI is neutral. |
ChartMill Relative Strength | 91.16 | POSITIVE | ERI has a high relative strength, it outperformed 91.16% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ERI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ERI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ERI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.47 | NEUTRAL | The RSI value for ERI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.51 | NEGATIVE | The MACD value suggests ERI has a negative trend. |
Stochastics (14,3) | 50.39 | NEUTRAL | The Stochastics value for ERI is a neutral value. |
Average True Range in percent/ATR (20) | 8.58 | HIGH VOLATILITY | The high ATR as a percentage value for ERI suggests high volalility. |
38.24
+0.24 (+0.63%)