NATIONAL VISION HOLDINGS INC (EYE) Stock Technical Analysis
USA - NASDAQ:EYE - US63845R1077 - Common Stock
We assign a technical rating of 6 out of 10 to EYE. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
EYE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
13.11
We found 3 important support areas.
- Support @22.64 from a horizontal line in the weekly time frame.
- Support @21.94 from a horizontal line in the daily time frame.
- Support @13.24 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.51 to 25.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 28.87 to 29.26. 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 | DOWN | NEGATIVE | The short term trend for EYE is down. |
| ChartMill Relative Strength | 95.12 | POSITIVE | EYE has a high relative strength, it outperformed 95.12% 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) | 43.43 | NEUTRAL | The RSI value for EYE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests EYE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.22 | OVERSOLD | The low Stochastics value suggests EYE may be oversold. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for EYE suggests some volalility. |
| Average Directional Index/ADX (14) | 22.91 | NEUTRAL | The ADX value for EYE suggests a possible start of a new trend. |
25.47
-0.14 (-0.55%)
NATIONAL VISION HOLDINGS INC / EYE FAQ
What is the technical rating for EYE stock?
ChartMill assigns a technical rating of 6 / 10 to EYE.
What is the current trend direction of NATIONAL VISION HOLDINGS INC (EYE) stock?
The current trend direction for NATIONAL VISION HOLDINGS INC (EYE) is Bullish.
What is the RSI signal for EYE stock?
NATIONAL VISION HOLDINGS INC (EYE) has an RSI value of 43.4298. This indicates that the stock is currently neutral.
What is the short term momentum for EYE stock?
The short term momentum for NATIONAL VISION HOLDINGS INC (EYE) is negative.
Can you provide the buy/sell signal for NATIONAL VISION HOLDINGS INC?
The buy/sell signal for NATIONAL VISION HOLDINGS INC (EYE) is hold as the short term and long term trends are mixed.