ETHAN ALLEN INTERIORS INC (ETD) Technical Analysis
NYSE:ETD • US2976021046
Current stock price
ETD Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ETD. ETD'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.
- 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.
- When comparing the yearly performance of all stocks, ETD is a bad performer in the overall market: 83% of all stocks are doing better.
- ETD is one of the lesser performing stocks in the Household Durables industry. 71% of 60 stocks in the same industry do better.
- ETD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ETD has a been trading in the 21.20 - 22.80 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ETD Weekly and Daily overview Charts
ETD Setup Rating and Analysis
ETD 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 resistance zone just above the current price starting at 22.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.18, a Stop Loss order could be placed below this zone.
More info and screens
ETD Support and Resistance Analysis
21.66
When analyzing the support we notice one important area.
- A support zone ranging from 21.88 to 22.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 22.47 to 22.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.03 to 25.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.38 from a trend line in the weekly time frame.
- Resistance @30.73 from a horizontal line in the weekly time frame.
ETD 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 ETD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ETD is neutral. |
| ChartMill Relative Strength | 17.08 | NEGATIVE | ETD has a low relative strength, it was outperformed by 82.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ETD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ETD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ETD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.46 | NEUTRAL | The RSI value for ETD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ETD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.61 | NEUTRAL | The Stochastics value for ETD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for ETD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.07 | NEGATIVE | The low ADX value for ETD suggests a weak or negative trend. |
ETD Chart- and CandleStick Pattern Analysis
ETD Technicals: Chart, Performance Metrics, Trend & Indicators
22.28
-0.18 (-0.8%)
ETHAN ALLEN INTERIORS INC / ETD TA FAQ
What is the ChartMill technical rating of ETHAN ALLEN INTERIORS INC (ETD) stock?
ChartMill assigns a technical rating of 0 / 10 to ETD.
What is the current trend direction of ETHAN ALLEN INTERIORS INC (ETD) stock?
The current trend direction for ETHAN ALLEN INTERIORS INC (ETD) is Bearish.
What is the RSI signal for ETD stock?
ETHAN ALLEN INTERIORS INC (ETD) has an RSI value of 49.4568. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ETHAN ALLEN INTERIORS INC?
The short term momentum for ETHAN ALLEN INTERIORS INC (ETD) is neutral.
What is the support and resistance level for ETD stock?
ETHAN ALLEN INTERIORS INC (ETD) has a support level at 22.18 and a resistance level at 22.47. Check the full technical report for our detailed analysis of ETD support and resistance levels.