E2OPEN PARENT HOLDINGS INC (ETWO) Technical Analysis
NYSE:ETWO • US29788T1034
Current stock price
ETWO Technical Rating and Analysis
Taking everything into account, ETWO scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ETWO is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- ETWO is one of the better performing stocks in the Software industry, it outperforms 83% of 279 stocks in the same industry.
- ETWO has an average volume of 9438760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, ETWO outperforms 59% of them, which is more or less in line with the market.
- ETWO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ETWO is lagging the market slightly.
- In the last month ETWO has a been trading in a tight range between 3.24 and 3.31.
ETWO Weekly and Daily overview Charts
ETWO Setup Rating and Analysis
Although ETWO has an excellent technical rating, it does not offer a high 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
ETWO Support and Resistance Analysis
3.17
We found 1 important support area.
- A support zone ranging from 3.20 to 3.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.31 to 3.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.98 from a horizontal line in the weekly time frame.
ETWO 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 | UP | POSITIVE | The long term trend for ETWO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETWO is up. |
| ChartMill Relative Strength | 59.69 | NEUTRAL | ETWO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETWO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETWO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETWO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.07 | NEUTRAL | The RSI value for ETWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ETWO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.11 | NEUTRAL | The Stochastics value for ETWO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for ETWO suggests low volalility. |
| Average Directional Index/ADX (14) | 53.21 | POSITIVE | The high ADX value value for ETWO suggests a strong trend. |
ETWO Chart- and CandleStick Pattern Analysis
ETWO Technicals: Chart, Performance Metrics, Trend & Indicators
3.3
0 (0%)
E2OPEN PARENT HOLDINGS INC / ETWO TA FAQ
What is the technical rating for ETWO stock?
ChartMill assigns a technical rating of 8 / 10 to ETWO.
What is the trend direction for ETWO stock?
The current trend direction for E2OPEN PARENT HOLDINGS INC (ETWO) is Bullish.
Can you provide the RSI signal for E2OPEN PARENT HOLDINGS INC?
E2OPEN PARENT HOLDINGS INC (ETWO) has an RSI value of 68.074. This indicates that the stock is currently neutral.
What is the short term momentum for ETWO stock?
The short term momentum for E2OPEN PARENT HOLDINGS INC (ETWO) is positive.
Can you provide the buy/sell signal for E2OPEN PARENT HOLDINGS INC?
The buy/sell signal for E2OPEN PARENT HOLDINGS INC (ETWO) is buy as both the short term and long term trends are positive.