Taking everything into account, ETWO scores 1 out of 10 in our technical rating. ETWO 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ETWO is a bad performer in the overall market: 85% of all stocks are doing better.
ETWO is one of the lesser performing stocks in the Software industry. 68% of 281 stocks in the same industry do better.
ETWO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month ETWO has a been trading in the 1.75 - 2.60 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ETWO has an average volume of 1458810 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.