Eros International Plc (EROS) Technical Analysis
NYSE:EROS
Current stock price
EROS Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to EROS. Although EROS 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month EROS has a been trading in the 2.38 - 3.33 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, EROS did better than 79% of all other stocks.
- EROS has an average volume of 3682620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- EROS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EROS is lagging the market slightly.
EROS Weekly and Daily overview Charts
EROS Setup Rating and Analysis
EROS has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
EROS Support and Resistance Analysis
1.49
We found 4 important support areas.
- Support @2.55 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.45 to 2.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.58 from a trend line in the weekly time frame.
- Support @1.50 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.60 to 2.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.69 from a trend line in the daily time frame.
- Resistance @3.62 from a trend line in the daily time frame.
- Resistance @3.84 from a horizontal line in the daily time frame.
EROS 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for EROS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EROS is down. |
| ChartMill Relative Strength | 79.23 | POSITIVE | EROS has a high relative strength, it outperformed 79.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EROS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EROS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EROS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.26 | NEUTRAL | The RSI value for EROS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EROS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.44 | OVERSOLD | The low Stochastics value suggests EROS may be oversold. |
| Average True Range in percent/ATR (20) | 8.6 | HIGH VOLATILITY | The high ATR as a percentage value for EROS suggests high volalility. |
EROS Chart- and CandleStick Pattern Analysis
EROS Technicals: Chart, Performance Metrics, Trend & Indicators
2.56
+0.07 (+2.81%)
Eros International Plc / EROS TA FAQ
Can you provide the ChartMill technical rating for Eros International Plc?
ChartMill assigns a technical rating of 2 / 10 to EROS.
What is the current trend direction of Eros International Plc (EROS) stock?
The current trend direction for Eros International Plc (EROS) is Bearish.
What is the RSI signal for Eros International Plc (EROS) stock?
Eros International Plc (EROS) has an RSI value of 41.2611. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Eros International Plc?
The MACD indicator for Eros International Plc (EROS) has a value of -0.0200955, indicating a bearish trend.
What is the short term momentum for Eros International Plc (EROS) stock?
The short term momentum for Eros International Plc (EROS) is negative.