(ETHC.AS) Technical Analysis
AMS:ETHC
We assign a technical rating of 0 out of 10 to ETHC. ETHC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 94% of all other stocks performed better in the past year than ETHC.
- ETHC 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 ETHC is lagging the market.
- In the last month ETHC has a been trading in the 6.95 - 12.21 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: ETHC has an average volume of 8032 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ETHC has a poor technical rating and the quality of the setup is also not perfect 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
6.96
2 important support areas can be observed.
- Support @7.20 from a trend line in the weekly time frame.
- Support @7.03 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @7.66 from a horizontal line in the weekly time frame.
- Resistance @7.92 from a horizontal line in the daily 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 ETHC.AS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ETHC.AS is down. |
| ChartMill Relative Strength | 6.64 | NEGATIVE | ETHC.AS has a low relative strength, it was outperformed by 93.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ETHC.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ETHC.AS is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 35.53 | NEUTRAL | The RSI value for ETHC.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests ETHC.AS has a positive trend. |
| Stochastics (14,3) | 36.86 | NEUTRAL | The Stochastics value for ETHC.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.73 | HIGH VOLATILITY | The high ATR as a percentage value for ETHC.AS suggests high volalility. |
| Average Directional Index/ADX (14) | 36.4 | POSITIVE | The high ADX value value for ETHC.AS suggests a strong trend. |
ETHC.AS Technicals: Chart, Performance Metrics, Trend & Indicators
/ ETHC.AS FAQ
Can you provide the ChartMill technical rating for ?
ChartMill assigns a technical rating of 0 / 10 to ETHC.AS.
Can you provide the trend direction for ?
The current trend direction for (ETHC.AS) is Bearish.
What is the RSI signal for (ETHC.AS) stock?
(ETHC.AS) has an RSI value of 35.5308. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ?
The short term momentum for (ETHC.AS) is negative.
What are the support and resistance levels for (ETHC.AS) stock?
(ETHC.AS) has a support level at 7.2 and a resistance level at 7.66. Check the full technical report for our detailed analysis of ETHC.AS support and resistance levels.