ETORO GROUP LTD-A (ETOR) Technical Analysis
NASDAQ:ETOR • VGG320891077
Current stock price
ETOR Technical Rating and Analysis
Taking everything into account, ETOR scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ETOR was also a bad performer in the overall market in the last year.
- 100% of all other stocks performed better in the past year than ETOR.
- ETOR is part of the Capital Markets industry. There are 240 other stocks in this industry, of which 88% are performing better than ETOR.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month ETOR has a been trading in the 28.44 - 37.26 range, which is quite wide. It is currently trading near the high of this range.
- ETOR has an average volume of 1373540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ETOR Weekly and Daily overview Charts
ETOR Setup Rating and Analysis
ETOR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ETOR Support and Resistance Analysis
29.62
We found 2 important support areas.
- A support zone ranging from 31.90 to 32.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.92 to 30.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 36.94 to 36.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.86 from a trend line in the daily time frame.
- Resistance @42.06 from a trend line in the daily time frame.
- Resistance @45.02 from a horizontal line in the daily time frame.
ETOR 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 | NEUTRAL | NEUTRAL | The long term trend for ETOR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETOR is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ETOR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETOR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETOR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ETOR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 76.01 | OVERBOUGHT | The high RSI value suggests ETOR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.73 | POSITIVE | The MACD value suggests ETOR has a positive trend. |
| Stochastics (14,3) | 97.65 | OVERBOUGHT | The high Stochastics value suggests ETOR may be overbought. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for ETOR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.54 | NEGATIVE | The low ADX value for ETOR suggests a weak or negative trend. |
ETOR Chart- and CandleStick Pattern Analysis
ETOR Technicals: Chart, Performance Metrics, Trend & Indicators
36.93
+2.21 (+6.37%)
ETORO GROUP LTD-A / ETOR TA FAQ
Can you provide the ChartMill technical rating for ETORO GROUP LTD-A?
ChartMill assigns a technical rating of 5 / 10 to ETOR.
Can you provide the trend direction for ETORO GROUP LTD-A?
The current trend direction for ETORO GROUP LTD-A (ETOR) is Bearish.
Can you provide the RSI signal for ETORO GROUP LTD-A?
ETORO GROUP LTD-A (ETOR) has an RSI value of 76.0111. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ETORO GROUP LTD-A?
The MACD indicator for ETORO GROUP LTD-A (ETOR) has a value of 0.72546, indicating a bearish trend.
Can you provide the short term momentum for ETORO GROUP LTD-A?
The short term momentum for ETORO GROUP LTD-A (ETOR) is positive.