(ETHC.AS) Technical Analysis
AMS:ETHC
Current stock price
ETHC.AS Technical Rating and Analysis
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.
- When comparing the yearly performance of all stocks, ETHC is a bad performer in the overall market: 93% of all stocks are doing better.
- ETHC 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 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: ETHC has an average volume of 7930 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ETHC.AS Weekly and Daily overview Charts
ETHC.AS Setup Rating and Analysis
The technical rating of ETHC is bad and it also does not present a quality setup 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
ETHC.AS Support and Resistance Analysis
6.93
We found 2 important support areas.
- Support @7.20 from a trend line in the weekly time frame.
- A support zone ranging from 7.00 to 7.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.87 to 7.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
ETHC.AS 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 ETHC.AS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ETHC.AS is down. |
| ChartMill Relative Strength | 7.43 | NEGATIVE | ETHC.AS has a low relative strength, it was outperformed by 92.57% 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) | 38.37 | NEUTRAL | The RSI value for ETHC.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests ETHC.AS has a positive trend. |
| Stochastics (14,3) | 56.22 | NEUTRAL | The Stochastics value for ETHC.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.92 | HIGH VOLATILITY | The high ATR as a percentage value for ETHC.AS suggests high volalility. |
| Average Directional Index/ADX (14) | 35.46 | POSITIVE | The high ADX value value for ETHC.AS suggests a strong trend. |
ETHC.AS Chart- and CandleStick Pattern Analysis
ETHC.AS Technicals: Chart, Performance Metrics, Trend & Indicators
/ ETHC.AS TA 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 38.3742. 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 7.87. Check the full technical report for our detailed analysis of ETHC.AS support and resistance levels.