SECOND SIGHT MEDICAL PRODUCT (EYES) Stock Technical Analysis
NASDAQ:EYES - Nasdaq - US81362J3086 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to EYES. EYES's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
94% of all other stocks performed better in the past year than EYES.
EYES is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 78% are performing better than EYES.
EYES is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EYES is lagging the market.
In the last month EYES has a been trading in the 4.05 - 6.45 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
EYES has a poor technical rating and the quality of the setup is also only medium 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
3.64
7.61
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.10 to 4.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.68 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @7.53 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for EYES is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EYES is down. |
| ChartMill Relative Strength | 6.03 | NEGATIVE | EYES has a low relative strength, it was outperformed by 93.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EYES is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EYES is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EYES is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.48 | NEUTRAL | The RSI value for EYES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests EYES has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.99 | OVERSOLD | The low Stochastics value suggests EYES may be oversold. |
| Average True Range in percent/ATR (20) | 9.28 | HIGH VOLATILITY | The high ATR as a percentage value for EYES suggests high volalility. |
| Average Directional Index/ADX (14) | 23.7 | NEUTRAL | The ADX value for EYES 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)
4.14
-0.22 (-5.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-5.05%
1 Week0.73%
2 Weeks-28.12%
1 Month-23.33%
3 Month-46.3%
6 Month12.2%
12 Month-63.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%9.28%
ATR Inc-56.07%
Range Today0.21
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.03
Mansfield-2.44
10 Day High5.83
10 Day Low4.05
20 Day High6.45
20 Day Low4.05
52 Week High11.52
52 Week Low3.42
CS1 End4.14
CR1 Start7.53
Volume & EV
DER(3)-2.6%
DER(5)-1.82%
Volume36.80K
Volume Incr-79.31%
Vol(5)56.80K
Vol(50)195.61K