ETAO INTERNATIONAL CO LTD (ETAO) Technical Analysis
NASDAQ:ETAO • KYG313631155
Current stock price
ETAO Technical Rating and Analysis
Overall ETAO gets a technical rating of 0 out of 10. ETAO 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ETAO is a bad performer in the overall market: 99% of all stocks are doing better.
- ETAO is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, of which 88% are performing better than ETAO.
- ETAO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month ETAO has a been trading in the 1.70 - 4.22 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ETAO has an average volume of 1968570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
ETAO Weekly and Daily overview Charts
ETAO Setup Rating and Analysis
The technical rating of ETAO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ETAO Support and Resistance Analysis
1.89
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.90 to 2.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ETAO 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 ETAO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ETAO is down. |
| ChartMill Relative Strength | 1.26 | NEGATIVE | ETAO has a low relative strength, it was outperformed by 98.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ETAO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ETAO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ETAO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.75 | NEUTRAL | The RSI value for ETAO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ETAO has a negative trend. |
| Stochastics (14,3) | 18.84 | OVERSOLD | The low Stochastics value suggests ETAO may be oversold. |
| Average True Range in percent/ATR (20) | 22.45 | HIGH VOLATILITY | The high ATR as a percentage value for ETAO suggests high volalility. |
| Average Directional Index/ADX (14) | 26.7 | POSITIVE | The high ADX value value for ETAO suggests a strong trend. |
ETAO Chart- and CandleStick Pattern Analysis
ETAO Technicals: Chart, Performance Metrics, Trend & Indicators
1.91
-0.89 (-31.79%)
ETAO INTERNATIONAL CO LTD / ETAO TA FAQ
What is the ChartMill technical rating of ETAO INTERNATIONAL CO LTD (ETAO) stock?
ChartMill assigns a technical rating of 0 / 10 to ETAO.
What is the current trend direction of ETAO INTERNATIONAL CO LTD (ETAO) stock?
The current trend direction for ETAO INTERNATIONAL CO LTD (ETAO) is Bearish.
Can you provide the RSI signal for ETAO INTERNATIONAL CO LTD?
ETAO INTERNATIONAL CO LTD (ETAO) has an RSI value of 30.7549. This indicates that the stock is currently neutral.
What is the MACD signal for ETAO stock?
The MACD indicator for ETAO INTERNATIONAL CO LTD (ETAO) has a value of -0.0730528, indicating a bearish trend.
Can you provide the support and resistance levels for ETAO INTERNATIONAL CO LTD?
ETAO INTERNATIONAL CO LTD (ETAO) has a resistance level at 2.9. Check the full technical report for our detailed analysis of ETAO support and resistance levels.