EAGLE MATERIALS INC (EXP) Stock Technical Analysis
USA - NYSE:EXP - US26969P1084 - Common Stock
232.26 USD
-3.88 (-1.64%)
232.26 USD
0 (0%)
Taking everything into account, EXP scores 3 out of 10 in our technical rating. In the last year, EXP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, EXP is a bad performer in the overall market: 79% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month EXP has a been trading in the 224.07 - 242.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EXP is an average performer in the Construction Materials industry, it outperforms 50% of 13 stocks in the same industry.
EXP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EXP is lagging the market.
EXP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 239.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 232.07, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
218.24
244.69
We found 1 important support area.
- A support zone ranging from 220.44 to 232.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 239.16 to 242.27. 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 | UP | POSITIVE | The long term trend for EXP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EXP is neutral. |
| ChartMill Relative Strength | 21.46 | NEGATIVE | EXP has a low relative strength, it was outperformed by 78.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EXP is above a declining 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 | MIXED | The current price of EXP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.88 | NEUTRAL | The RSI value for EXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests EXP has a positive trend. |
| Stochastics (14,3) | 57.09 | NEUTRAL | The Stochastics value for EXP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for EXP suggests some volalility. |
| Average Directional Index/ADX (14) | 17.13 | NEGATIVE | The low ADX value for EXP suggests a weak or negative 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)
232.26
-3.88 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg-1.64%
1 Week1.34%
2 Weeks3.52%
1 Month-0.56%
3 Month5.69%
6 Month5.52%
12 Month-19.11%
2 Year53.43%
3 Year93.07%
5 Year177%
10 Year257.63%
15 Year906.56%
Volatility
ATR(14)6.14
ATR(20)%2.59%
ATR Inc6.62%
Range Today6.64
ADR(20)5.93
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.46
Mansfield-1.24
10 Day High238.45
10 Day Low224.07
20 Day High242.9
20 Day Low224.07
52 Week High321.93
52 Week Low191.91
CS1 End232.07
CR1 Start239.16
Volume & EV
DER(3)-0.74%
DER(5)-1.72%
Volume239.48K
Volume Incr-14.4%
Vol(5)319.37K
Vol(50)366.98K