NATIONAL VISION HOLDINGS INC (EYE) Stock Technical Analysis
NASDAQ:EYE - Nasdaq - US63845R1077 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to EYE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EYE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
EYE is part of the Specialty Retail industry. There are 122 other stocks in this industry. EYE outperforms 96% of them.
A new 52 week high is currently being made by EYE, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month EYE has a been trading in the 21.99 - 25.65 range, which is quite wide. It is currently trading near the high of this range.
EYE has an average volume of 2594150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, EYE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
10.84
25.59
When analyzing the support we can see 2 important areas.
- Support @23.01 from a horizontal 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.32 to 25.34. 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 | UP | POSITIVE | The short term trend for EYE is up. |
| ChartMill Relative Strength | 96.37 | POSITIVE | EYE has a high relative strength, it outperformed 96.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EYE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EYE is above 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) | 70.5 | OVERBOUGHT | The high RSI value suggests EYE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests EYE has a negative trend. |
| Stochastics (14,3) | 85.9 | OVERBOUGHT | The high Stochastics value suggests EYE may be overbought. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for EYE suggests some volalility. |
| Average Directional Index/ADX (14) | 44.24 | POSITIVE | The high ADX value value for EYE suggests a strong 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 |
|---|---|---|---|
| 25.35 | 23.75 | 1.60 (6.31%) | 15.84% |
| An entry @25.35. This is a Buy Stop order right above the resistance zone. | An exit @23.75. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.60 points, which is 6.31%. | For a 1.00% total portfolio risk, you can invest 15.84% 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.
25.31
+0.22 (+0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.88%
1 Week1.2%
2 Weeks8.49%
1 Month10.62%
3 Month105.77%
6 Month123.98%
12 Month75.76%
2 Year17.01%
3 Year-13.14%
5 Year-20.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%3.2%
ATR Inc-23.66%
Range Today0.78
ADR(20)0.78
ADR(20)%3.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.37
Mansfield7.1
10 Day High25.65
10 Day Low23.76
20 Day High25.65
20 Day Low21.99
52 Week High25.65
52 Week Low9.56
CS1 End23.01
CR1 Start25.32
Volume & EV
DER(3)1.09%
DER(5)1.34%
Volume1.87M
Volume Incr-18.31%
Vol(5)2.05M
Vol(50)2.59M