EYENOVIA INC (EYEN) Stock Technical Analysis
NASDAQ:EYEN - Nasdaq - US30234E2037 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to EYEN. EYEN has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
EYEN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
EYEN is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 99% of 193 stocks in the same industry.
In the last month EYEN has a been trading in the 1.89 - 17.18 range, which is quite wide. It is currently trading near the high of this range.
EYEN has an average volume of 5496710 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 EYEN is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although EYEN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.66
15.98
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 EYEN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EYEN is up. |
| ChartMill Relative Strength | 99.78 | POSITIVE | EYEN has a high relative strength, it outperformed 99.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EYEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EYEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EYEN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 77.71 | OVERBOUGHT | The high RSI value suggests EYEN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.87 | POSITIVE | The MACD value suggests EYEN has a positive trend. |
| Stochastics (14,3) | 75.93 | NEUTRAL | The Stochastics value for EYEN is a neutral value. |
| Average True Range in percent/ATR (20) | 15.68 | HIGH VOLATILITY | The high ATR as a percentage value for EYEN suggests high volalility. |
| Average Directional Index/ADX (14) | 58.26 | POSITIVE | The high ADX value value for EYEN 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)
15.82
+5.26 (+49.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg49.81%
1 Week65.65%
2 Weeks126.97%
1 Month649.76%
3 Month1547.75%
6 Month79.61%
12 Month-77.32%
2 Year-90.72%
3 Year-88.37%
5 Year-94.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.01
ATR(20)%15.68%
ATR Inc57.15%
Range Today6.48
ADR(20)2.39
ADR(20)%15.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.78
Mansfield-3.48
10 Day High17.18
10 Day Low3.68
20 Day High17.18
20 Day Low1.89
52 Week High124.8
52 Week Low0.85
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.88%
DER(5)-2.95%
Volume4.64M
Volume Incr-62.87%
Vol(5)3.55M
Vol(50)5.50M