EZGO TECHNOLOGIES LTD (EZGO) Technical Analysis
NASDAQ:EZGO • VGG5279F2017
Current stock price
EZGO Technical Rating and Analysis
We assign a technical rating of 1 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, EZGO is a bad performer in the overall market: 97% of all stocks are doing better.
- EZGO is part of the Automobiles industry. There are 35 other stocks in this industry, of which 76% are performing better than EZGO.
- EZGO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Warning: EZGO has an average volume of 11044 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month EZGO has a been trading in the 1.16 - 1.40 range, which is quite wide. It is currently trading near the high of this range.
EZGO Weekly and Daily overview Charts
EZGO Setup Rating and Analysis
Although the technical rating is bad, EZGO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.23, a Stop Loss order could be placed below this zone.
More info and screens
EZGO Support and Resistance Analysis
1.21
We found 1 important support area.
- A support zone ranging from 1.22 to 1.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.39 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
EZGO Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for EZGO is neutral. |
| ChartMill Relative Strength | 3.73 | NEGATIVE | EZGO has a low relative strength, it was outperformed by 96.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EZGO is above 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) | 53.79 | NEUTRAL | The RSI value for EZGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EZGO has a positive trend. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests EZGO may be overbought. |
| Average True Range in percent/ATR (20) | 6.3 | HIGH VOLATILITY | The high ATR as a percentage value for EZGO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.19 | NEUTRAL | The ADX value for EZGO suggests a possible start of a new trend. |
EZGO Chart- and CandleStick Pattern Analysis
EZGO Technicals: Chart, Performance Metrics, Trend & Indicators
1.38
+0.04 (+3.37%)
EZGO TECHNOLOGIES LTD / EZGO TA FAQ
Can you provide the ChartMill technical rating for EZGO TECHNOLOGIES LTD?
ChartMill assigns a technical rating of 1 / 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.
Can you provide the RSI signal for EZGO TECHNOLOGIES LTD?
EZGO TECHNOLOGIES LTD (EZGO) has an RSI value of 53.7909. This indicates that the stock is currently neutral.
What is the MACD signal for EZGO TECHNOLOGIES LTD (EZGO) stock?
The MACD indicator for EZGO TECHNOLOGIES LTD (EZGO) has a value of 0.0237756, indicating a bearish trend.
What is the short term momentum for EZGO TECHNOLOGIES LTD (EZGO) stock?
The short term momentum for EZGO TECHNOLOGIES LTD (EZGO) is neutral.