ETHAN ALLEN INTERIORS INC (ETD) Stock Technical Analysis
NYSE:ETD - New York Stock Exchange, Inc. - US2976021046 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ETD. ETD 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.
69% of all other stocks performed better in the past year than ETD.
ETD 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 ETD is lagging the market.
In the last month ETD has a been trading in the 24.80 - 29.48 range, which is quite wide. It is currently trading near the lows of this range.
ETD is part of the Household Durables industry. There are 64 other stocks in this industry, ETD did better than 65% of them.
Although the technical rating is bad, ETD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for ETD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
25.01
35.75
When analyzing the support we can see 2 important areas.
- Support @26.06 from a horizontal line in the weekly time frame.
- A support zone ranging from 25.26 to 25.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
7 important resistance areas can be observed.
- A resistance zone ranging from 26.64 to 27.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.92 from a trend line in the daily time frame.
- A resistance zone ranging from 29.45 to 29.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.73 from a horizontal line in the weekly time frame.
- Resistance @31.84 from a horizontal line in the daily time frame.
- Resistance @33.11 from a trend line in the weekly time frame.
- Resistance @35.40 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for ETD is down. |
| ChartMill Relative Strength | 31.12 | NEUTRAL | ETD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ETD is below 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) | 42.77 | NEUTRAL | The RSI value for ETD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ETD has a negative trend. |
| Stochastics (14,3) | 31.63 | NEUTRAL | The Stochastics value for ETD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for ETD suggests some volalility. |
| Average Directional Index/ADX (14) | 24.18 | NEUTRAL | The ADX value for ETD suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
26.07
+0.09 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.35%
1 Week-5.47%
2 Weeks-0.04%
1 Month-8.27%
3 Month-8.59%
6 Month-12.9%
12 Month-9.13%
2 Year4.16%
3 Year12.08%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.09
ATR(20)%3.76%
ATR Inc-54.21%
Range Today0.57
ADR(20)0.82
ADR(20)%3.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.12
Mansfield-1.16
10 Day High27.84
10 Day Low25.66
20 Day High29.48
20 Day Low24.8
52 Week High35.62
52 Week Low24.55
CS1 End26.06
CR1 Start26.64
Volume & EV
DER(3)2.65%
DER(5)3.16%
Volume258.10K
Volume Incr-36.37%
Vol(5)293.24K
Vol(50)378.03K