EAGLE MATERIALS INC (EXP) Stock Technical Analysis
NYSE:EXP - New York Stock Exchange, Inc. - US26969P1084 - Common Stock - Currency: USD
Taking everything into account, EXP scores 6 out of 10 in our technical rating. EXP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, EXP is a bad performer in the overall market: 78% of all stocks are doing better.
EXP is part of the Construction Materials industry. There are 13 other stocks in this industry, of which 75% are performing better than EXP.
EXP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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 EXP has a been trading in the 207.31 - 238.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, EXP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
191.73
244.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 217.88 to 222.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @200.49 from a trend line in the weekly time frame.
- A support zone ranging from 193.67 to 195.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 223.28 to 226.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @235.20 from a horizontal line in the daily time frame.
- A resistance zone ranging from 239.94 to 241.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 EXP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EXP is up. |
| ChartMill Relative Strength | 22.5 | NEGATIVE | EXP has a low relative strength, it was outperformed by 77.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EXP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EXP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EXP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.37 | NEUTRAL | The RSI value for EXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests EXP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.99 | NEUTRAL | The Stochastics value for EXP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for EXP suggests some volalility. |
| Average Directional Index/ADX (14) | 20.56 | NEUTRAL | The ADX value for EXP suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
223.03
+2.59 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg1.17%
1 Week0.96%
2 Weeks4.93%
1 Month5.26%
3 Month-3.13%
6 Month-12.84%
12 Month-8.03%
2 Year17.81%
3 Year86.45%
5 Year172.75%
10 Year172.55%
15 Year871.81%
Volatility
ATR(14)6.48
ATR(20)%2.99%
ATR Inc-14.19%
Range Today4.01
ADR(20)6.09
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.5
Mansfield-1.63
10 Day High238.5
10 Day Low213.68
20 Day High238.5
20 Day Low207.31
52 Week High321.93
52 Week Low191.91
CS1 End222.96
CR1 Start223.28
Volume & EV
DER(3)-0.8%
DER(5)-0.82%
Volume469.50K
Volume Incr29.37%
Vol(5)534.14K
Vol(50)459.01K