ESHBAL FUNCTIONAL FOOD INC (ESBL.CA) Stock Technical Analysis
TSX-V:ESBL - TSX Venture Exchange - CA2959181066 - Common Stock - Currency: CAD
Overall ESBL gets a technical rating of 4 out of 10. In the last year, ESBL was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ESBL has an average technical rating and it also does not offer a high quality setup 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
0.24
When analyzing the support we notice one important area.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ESBL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESBL.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ESBL.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESBL.CA is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 55.94 | NEUTRAL | The RSI value for ESBL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ESBL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.13 | NEUTRAL | The Stochastics value for ESBL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.61 | HIGH VOLATILITY | The high ATR as a percentage value for ESBL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.64 | NEUTRAL | The ADX value for ESBL.CA suggests a possible start of a new trend. |
TSX-V:ESBL (8/6/2025, 7:00:00 PM)
0.27
+0.01 (+3.85%)