EZGO TECHNOLOGIES LTD (EZGO) Stock Technical Analysis
NASDAQ:EZGO - Nasdaq - VGG5279F1100 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to EZGO. EZGO'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.
When comparing the yearly performance of all stocks, EZGO is a bad performer in the overall market: 96% of all stocks are doing better.
EZGO is part of the Automobiles industry. There are 38 other stocks in this industry, of which 75% are performing better than EZGO.
EZGO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EZGO is lagging the market.
In the last month EZGO has a been trading in the 0.30 - 0.50 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.
Although the technical rating is bad, EZGO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.34
0.42
When analyzing the resistance we notice 2 important areas.
- Resistance @0.40 from a trend line in the daily time frame.
- Resistance @0.42 from a trend 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 | DOWN | NEGATIVE | The long term trend for EZGO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EZGO is down. |
| ChartMill Relative Strength | 4.32 | NEGATIVE | EZGO has a low relative strength, it was outperformed by 95.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EZGO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EZGO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EZGO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.05 | NEUTRAL | The RSI value for EZGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EZGO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.53 | OVERSOLD | The low Stochastics value suggests EZGO may be oversold. |
| Average True Range in percent/ATR (20) | 13.11 | HIGH VOLATILITY | The high ATR as a percentage value for EZGO suggests high volalility. |
| Average Directional Index/ADX (14) | 25.56 | POSITIVE | The high ADX value value for EZGO 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)
0.34
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg0%
1 Week-2.1%
2 Weeks-27.6%
1 Month8.62%
3 Month-30.27%
6 Month-65.63%
12 Month-81.51%
2 Year-99.42%
3 Year-98.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%13.11%
ATR Inc-14.98%
Range Today0.04
ADR(20)0.04
ADR(20)%12.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.32
Mansfield-6.44
10 Day High0.5
10 Day Low0.3
20 Day High0.5
20 Day Low0.3
52 Week High2.09
52 Week Low0.29
CS1 EndN/A
CR1 Start0.4
Volume & EV
DER(3)-13.55%
DER(5)-10.14%
Volume111.42K
Volume Incr-93.97%
Vol(5)112.05K
Vol(50)784.12K