EASTOWER WIRELESS INC (ESTW.CA) Technical Analysis
TSX-V:ESTW • CA27777L1076
Current stock price
ESTW.CA Technical Rating and Analysis
Overall ESTW gets a technical rating of 1 out of 10. ESTW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 100% of all other stocks performed better in the past year than ESTW.
- ESTW is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ESTW is lagging the market.
- In the last month ESTW has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
ESTW.CA Weekly and Daily overview Charts
ESTW.CA Setup Rating and Analysis
ESTW has a poor technical rating and the quality of the setup is also only medium 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
ESTW.CA Support and Resistance Analysis
0.01
When analyzing the support we notice one important area.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @0.01 from a horizontal line in the daily time frame.
ESTW.CA 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 ESTW.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ESTW.CA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ESTW.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 ESTW.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ESTW.CA is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 56.08 | NEUTRAL | The RSI value for ESTW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ESTW.CA has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for ESTW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 17.5 | HIGH VOLATILITY | The high ATR as a percentage value for ESTW.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.88 | NEGATIVE | The low ADX value for ESTW.CA suggests a weak or negative trend. |
ESTW.CA Chart- and CandleStick Pattern Analysis
ESTW.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:ESTW (4/24/2023, 7:00:00 PM)
0.01
0 (0%)
EASTOWER WIRELESS INC / ESTW.CA TA FAQ
What is the technical rating for ESTW stock?
ChartMill assigns a technical rating of 1 / 10 to ESTW.CA.
Can you provide the trend direction for EASTOWER WIRELESS INC?
The current trend direction for EASTOWER WIRELESS INC (ESTW.CA) is Bearish.
What is the RSI signal for ESTW stock?
EASTOWER WIRELESS INC (ESTW.CA) has an RSI value of 56.0822. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for EASTOWER WIRELESS INC?
EASTOWER WIRELESS INC (ESTW.CA) has a support level at 0.01 and a resistance level at 0.01. Check the full technical report for our detailed analysis of ESTW.CA support and resistance levels.