NATIONAL VISION HOLDINGS INC (EYE) Stock Technical Analysis
NASDAQ:EYE - Nasdaq - US63845R1077 - Common Stock - Currency: USD
Taking everything into account, EYE scores 8 out of 10 in our technical rating. In the last year, EYE was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that EYE is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by EYE over the past year are nicely spread over this period.
EYE is one of the better performing stocks in the Specialty Retail industry, it outperforms 94% of 124 stocks in the same industry.
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.
EYE has an average volume of 2233900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month EYE has a been trading in the 22.28 - 25.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EYE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.64, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EYE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
10.84
25.73
We found 4 important support areas.
- A support zone ranging from 22.64 to 22.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.64 from a trend line in the weekly time frame.
- Support @11.94 from a trend line in the daily time frame.
- A support zone ranging from 10.95 to 11.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.09 to 25.48. 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 EYE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EYE is neutral. |
| ChartMill Relative Strength | 96 | POSITIVE | EYE has a high relative strength, it outperformed 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) | UP | MIXED | The current price of EYE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EYE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49 | NEUTRAL | The RSI value for EYE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests EYE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.03 | NEUTRAL | The Stochastics value for EYE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.02 | MEDIUM VOLATILITY | The ATR as a percentage value for EYE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.06 | NEUTRAL | The ADX value for EYE 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.49 | 22.63 | 2.86 (11.22%) | 8.91% |
| An entry @25.49. This is a Buy Stop order right above the resistance zone. | An exit @22.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.86 points, which is 11.22%. | For a 1.00% total portfolio risk, you can invest 8.91% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
23.61
-0.26 (-1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.09%
1 Week2.56%
2 Weeks-4.84%
1 Month-5.52%
3 Month25.25%
6 Month101.8%
12 Month124.64%
2 Year28.95%
3 Year-28.95%
5 Year-37.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%4.02%
ATR Inc22.51%
Range Today0.88
ADR(20)0.94
ADR(20)%3.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96
Mansfield4.91
10 Day High25.25
10 Day Low22.28
20 Day High25.67
20 Day Low22.28
52 Week High25.67
52 Week Low9.56
CS1 End22.64
CR1 Start25.09
Volume & EV
DER(3)5.53%
DER(5)2.93%
Volume1.09M
Volume Incr-26.76%
Vol(5)1.61M
Vol(50)2.23M