We assign a technical rating of 0 out of 10 to EZGO. EZGO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, EZGO does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for EZGO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.81
When analyzing the support we notice one important area.
- Support @1.83 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @2.14 from a horizontal line in the daily time frame.
- Resistance @2.20 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 | 1.93 | NEGATIVE | EZGO has a low relative strength, it was outperformed by 98.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EZGO is below a declining 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) | 41.82 | NEUTRAL | The RSI value for EZGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests EZGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.27 | NEUTRAL | The Stochastics value for EZGO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.66 | HIGH VOLATILITY | The high ATR as a percentage value for EZGO suggests high volalility. |
| Average Directional Index/ADX (14) | 9.06 | NEGATIVE | The low ADX value for EZGO suggests a weak or negative trend. |
1.93
-0.21 (-9.81%)
EZGO TECHNOLOGIES LTD / EZGO FAQ
Can you provide the ChartMill technical rating for EZGO TECHNOLOGIES LTD?
ChartMill assigns a technical rating of 0 / 10 to EZGO.
What is the current trend direction of EZGO TECHNOLOGIES LTD (EZGO) stock?
The current trend direction for EZGO TECHNOLOGIES LTD (EZGO) is Bearish.
What is the RSI signal for EZGO TECHNOLOGIES LTD (EZGO) stock?
EZGO TECHNOLOGIES LTD (EZGO) has an RSI value of 41.823. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EZGO TECHNOLOGIES LTD?
The short term momentum for EZGO TECHNOLOGIES LTD (EZGO) is negative.
What is the buy/sell signal for EZGO stock?
The buy/sell signal for EZGO TECHNOLOGIES LTD (EZGO) is sell as both the short term and long term trends are negative.