EYEPOINT INC (EYPT) Technical Analysis
NASDAQ:EYPT • US30233G2093
Taking everything into account, EYPT scores 9 out of 10 in our technical rating. 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that EYPT is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, EYPT also shows a nice and consistent pattern of rising prices.
- EYPT is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 81% of 193 stocks in the same industry.
- EYPT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EYPT is performing more or less in line with the market.
- EYPT has an average volume of 1370680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month EYPT has a been trading in the 12.34 - 18.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although EYPT has an excellent technical rating, it does not offer a high quality setup 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
12.75
When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.63 to 15.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.50 from a trend line in the weekly time frame.
- Support @12.88 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 17.35 to 17.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.85 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for EYPT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EYPT is neutral. |
| ChartMill Relative Strength | 93.18 | POSITIVE | EYPT has a high relative strength, it outperformed 93.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EYPT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EYPT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EYPT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.68 | NEUTRAL | The RSI value for EYPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests EYPT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.76 | NEUTRAL | The Stochastics value for EYPT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.15 | HIGH VOLATILITY | The high ATR as a percentage value for EYPT suggests high volalility. |
| Average Directional Index/ADX (14) | 26.04 | POSITIVE | The high ADX value value for EYPT suggests a strong trend. |
EYPT Technicals: Chart, Performance Metrics, Trend & Indicators
15.75
-0.01 (-0.06%)
EYEPOINT INC / EYPT FAQ
What is the ChartMill technical rating of EYEPOINT INC (EYPT) stock?
ChartMill assigns a technical rating of 9 / 10 to EYPT.
What is the current trend direction of EYEPOINT INC (EYPT) stock?
The current trend direction for EYEPOINT INC (EYPT) is Bullish.
What is the RSI signal for EYPT stock?
EYEPOINT INC (EYPT) has an RSI value of 48.6843. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EYEPOINT INC?
The MACD indicator for EYEPOINT INC (EYPT) has a value of 0.0764746, indicating a bearish trend.
Can you provide the short term momentum for EYEPOINT INC?
The short term momentum for EYEPOINT INC (EYPT) is neutral.