ELEPHANT TALK COMM CORP (ETAK) Technical Analysis
NYSEARCA:ETAK • US2862022058
Current stock price
ETAK Technical Rating and Analysis
Taking everything into account, ETAK scores 3 out of 10 in our technical rating. ETAK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, ETAK is a bad performer in the overall market: 89% of all stocks are doing better.
- ETAK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ETAK is lagging the market.
- In the last month ETAK has a been trading in the 0.16 - 0.23 range, which is quite wide. It is currently trading near the lows of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Considerably lower volume is observed in the last couple of days.
ETAK Weekly and Daily overview Charts
ETAK Setup Rating and Analysis
ETAK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.16, a Stop Loss order could be placed below this zone.
More info and screens
ETAK Support and Resistance Analysis
0.12
2 important support areas can be observed.
- A support zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.12 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.21 from a trend line in the daily time frame.
ETAK 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 | NEUTRAL | NEUTRAL | The long term trend for ETAK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ETAK is neutral. |
| ChartMill Relative Strength | 11.29 | NEGATIVE | ETAK has a low relative strength, it was outperformed by 88.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ETAK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ETAK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ETAK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.72 | NEUTRAL | The RSI value for ETAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ETAK has a negative trend. |
| Stochastics (14,3) | 19.84 | OVERSOLD | The low Stochastics value suggests ETAK may be oversold. |
| Average True Range in percent/ATR (20) | 10.29 | HIGH VOLATILITY | The high ATR as a percentage value for ETAK suggests high volalility. |
ETAK Chart- and CandleStick Pattern Analysis
ETAK Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:ETAK (11/2/2016, 8:48:50 PM)
0.17
0 (0%)
ELEPHANT TALK COMM CORP / ETAK TA FAQ
What is the ChartMill technical rating of ELEPHANT TALK COMM CORP (ETAK) stock?
ChartMill assigns a technical rating of 3 / 10 to ETAK.
Can you provide the trend direction for ELEPHANT TALK COMM CORP?
The current trend direction for ELEPHANT TALK COMM CORP (ETAK) is Bearish.
What is the RSI signal for ETAK stock?
ELEPHANT TALK COMM CORP (ETAK) has an RSI value of 46.7189. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ELEPHANT TALK COMM CORP?
ELEPHANT TALK COMM CORP (ETAK) has a support level at 0.16 and a resistance level at 0.18. Check the full technical report for our detailed analysis of ETAK support and resistance levels.