NATIONAL VISION HOLDINGS INC (EYE) Technical Analysis
NASDAQ:EYE • US63845R1077
Current stock price
EYE Technical Rating and Analysis
Overall EYE gets a technical rating of 3 out of 10. Although EYE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- EYE is part of the Specialty Retail industry. There are 123 other stocks in this industry. EYE outperforms 90% of them.
- EYE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EYE is lagging the market slightly.
- In the last month EYE has a been trading in the 22.13 - 28.55 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.
- EYE has an average volume of 1346610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Looking at the yearly performance, EYE did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
EYE Weekly and Daily overview Charts
EYE Setup Rating and Analysis
EYE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 25.07, a Stop Loss order could be placed below this zone.
More info and screens
EYE Support and Resistance Analysis
23.25
3 important support areas can be observed.
- Support @25.07 from a horizontal line in the daily time frame.
- Support @24.40 from a trend line in the weekly time frame.
- A support zone ranging from 23.48 to 23.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.14 to 26.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.44 to 29.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
EYE 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 EYE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EYE is neutral. |
| ChartMill Relative Strength | 89.96 | POSITIVE | EYE has a high relative strength, it outperformed 89.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EYE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EYE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EYE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.23 | NEUTRAL | The RSI value for EYE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests EYE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.96 | NEUTRAL | The Stochastics value for EYE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.95 | HIGH VOLATILITY | The high ATR as a percentage value for EYE suggests high volalility. |
| Average Directional Index/ADX (14) | 14.77 | NEGATIVE | The low ADX value for EYE suggests a weak or negative trend. |
EYE Chart- and CandleStick Pattern Analysis
EYE Technicals: Chart, Performance Metrics, Trend & Indicators
25.13
-0.36 (-1.41%)
NATIONAL VISION HOLDINGS INC / EYE TA FAQ
What is the technical rating for EYE stock?
ChartMill assigns a technical rating of 3 / 10 to EYE.
What is the trend direction for EYE stock?
The current trend direction for NATIONAL VISION HOLDINGS INC (EYE) is Bearish.
What is the RSI signal for NATIONAL VISION HOLDINGS INC (EYE) stock?
NATIONAL VISION HOLDINGS INC (EYE) has an RSI value of 46.2347. This indicates that the stock is currently neutral.
What is the MACD signal for EYE stock?
The MACD indicator for NATIONAL VISION HOLDINGS INC (EYE) has a value of 0.0695854, indicating a bearish trend.