EZGO TECHNOLOGIES LTD (EZGO) Stock Technical Analysis
NASDAQ:EZGO - VGG5279F1100 - Common Stock
0.1954 USD
-0.01 (-4.73%)
0.1917 USD
0 (-1.89%)
Overall EZGO gets a technical rating of 0 out of 10. 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 negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than EZGO.
EZGO is one of the lesser performing stocks in the Automobiles industry. 81% of 38 stocks in the same industry do better.
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.
In the last month EZGO has a been trading in the 0.18 - 0.48 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
EZGO has an average volume of 1262600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of EZGO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.19
0.40
When analyzing the resistance we notice 2 important areas.
- Resistance @0.32 from a trend line in the weekly time frame.
- Resistance @0.40 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 | 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 | 1.28 | NEGATIVE | EZGO has a low relative strength, it was outperformed by 98.72% 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) | 29.1 | OVERSOLD | The low RSI value suggests EZGO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EZGO has a negative trend. |
| Stochastics (14,3) | 10.34 | OVERSOLD | The low Stochastics value suggests EZGO may be oversold. |
| Average True Range in percent/ATR (20) | 27.35 | HIGH VOLATILITY | The high ATR as a percentage value for EZGO suggests high volalility. |
| Average Directional Index/ADX (14) | 43.53 | 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)
0.1954
-0.01 (-4.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-4.73%
1 Week-46.68%
2 Weeks-47.85%
1 Month-61.69%
3 Month-42.5%
6 Month-62.42%
12 Month-86.52%
2 Year-99.8%
3 Year-99.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%27.35%
ATR Inc90.37%
Range Today0.01
ADR(20)0.04
ADR(20)%20.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.28
Mansfield-7.19
10 Day High0.48
10 Day Low0.18
20 Day High0.48
20 Day Low0.18
52 Week High1.79
52 Week Low0.18
CS1 EndN/A
CR1 Start0.32
Volume & EV
DER(3)-4.71%
DER(5)-3.06%
Volume1.50M
Volume Incr-8.4%
Vol(5)2.04M
Vol(50)1.26M