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.
The long and short term trends are both positive. This is looking good!
EYE is one of the better performing stocks in the Specialty Retail industry, it outperforms 95% of 121 stocks in the same industry.
EYE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month EYE has a been trading in the 19.67 - 23.41 range, which is quite wide. It is currently trading near the high of this range.
EYE has an average volume of 2772150 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 relatively good performance is mostly due to a recent big move.
Although EYE has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.95
23.40
4 important support areas can be observed.
- A support zone ranging from 22.87 to 23.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.18 from a trend line in the weekly time frame.
- Support @11.52 from a trend line in the daily time frame.
- A support zone ranging from 11.06 to 11.07. 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 23.17 to 23.17. 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 | 96.55 | POSITIVE | EYE has a high relative strength, it outperformed 96.55% 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) | 77.33 | OVERBOUGHT | The high RSI value suggests EYE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests EYE has a negative trend. |
| Stochastics (14,3) | 87.73 | OVERBOUGHT | The high Stochastics value suggests EYE may be overbought. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for EYE suggests some volalility. |
| Average Directional Index/ADX (14) | 52.14 | 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 |
|---|---|---|---|
| 23.19 | 21.37 | 1.82 (7.85%) | 12.74% |
| An entry @23.19. This is a Buy Stop order right above the resistance zone. | An exit @21.37. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.82 points, which is 7.85%. | For a 1.00% total portfolio risk, you can invest 12.74% 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.
23.01
-0.16 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.69%
1 Week1.41%
2 Weeks6.97%
1 Month16.15%
3 Month103.45%
6 Month111.49%
12 Month87.68%
2 Year-5.27%
3 Year-16.33%
5 Year-24.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%3%
ATR Inc-18.87%
Range Today0.58
ADR(20)0.68
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.55
Mansfield6.46
10 Day High23.42
10 Day Low21.38
20 Day High23.42
20 Day Low19.67
52 Week High23.42
52 Week Low9.56
CS1 End20.86
CR1 Start23.18
Volume & EV
DER(3)2.09%
DER(5)0.72%
Volume2.66M
Volume Incr8.2%
Vol(5)2.63M
Vol(50)2.77M