EUROSEAS LTD (ESEA) Technical Analysis
NASDAQ:ESEA • MHY235921357
Current stock price
ESEA Technical Rating and Analysis
Taking everything into account, ESEA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ESEA is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ESEA did better than 94% of all other stocks. On top of that, ESEA also shows a nice and consistent pattern of rising prices.
- ESEA is one of the better performing stocks in the Marine Transportation industry, it outperforms 88% of 35 stocks in the same industry.
- ESEA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ESEA is performing more or less in line with the market.
- In the last month ESEA has a been trading in the 59.55 - 70.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
ESEA Weekly and Daily overview Charts
ESEA Setup Rating and Analysis
ESEA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 68.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 61.79, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ESEA Support and Resistance Analysis
52.87
We found 3 important support areas.
- A support zone ranging from 60.81 to 61.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @55.27 from a trend line in the daily time frame.
- A support zone ranging from 53.40 to 53.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 68.74 to 70.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
ESEA 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 | UP | POSITIVE | The long term trend for ESEA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESEA is up. |
| ChartMill Relative Strength | 94.62 | POSITIVE | ESEA has a high relative strength, it outperformed 94.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ESEA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESEA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESEA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.64 | NEUTRAL | The RSI value for ESEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests ESEA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.4 | NEUTRAL | The Stochastics value for ESEA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for ESEA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.64 | NEGATIVE | The low ADX value for ESEA suggests a weak or negative trend. |
ESEA Chart- and CandleStick Pattern Analysis
ESEA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 70.38 | 60.80 | 9.58 (13.61%) | 7.35% |
| An entry @70.38. This is a Buy Stop order right above the resistance zone. | An exit @60.80. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 9.58 points, which is 13.61%. | For a 1.00% total portfolio risk, you can invest 7.35% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ESEA Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ESEA (4/2/2026, 8:21:23 PM)
67.28
-0.09 (-0.13%)
EUROSEAS LTD / ESEA TA FAQ
What is the ChartMill technical rating of EUROSEAS LTD (ESEA) stock?
ChartMill assigns a technical rating of 10 / 10 to ESEA.
What is the trend direction for ESEA stock?
The current trend direction for EUROSEAS LTD (ESEA) is Bullish.
What is the RSI signal for ESEA stock?
EUROSEAS LTD (ESEA) has an RSI value of 55.6428. This indicates that the stock is currently neutral.
What is the MACD signal for EUROSEAS LTD (ESEA) stock?
The MACD indicator for EUROSEAS LTD (ESEA) has a value of -0.244417, indicating a bearish trend.
What is the short term momentum for EUROSEAS LTD (ESEA) stock?
The short term momentum for EUROSEAS LTD (ESEA) is positive.