EASTSIDE DISTILLING INC (EAST)

US2778024016 - Common Stock

0.8015  0 (-0.2%)

After market: 0.7704 -0.03 (-3.88%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to EAST. EAST has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

EAST is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EAST is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
EAST is part of the Beverages industry. There are 32 other stocks in this industry. EAST outperforms 74% of them.
When compared to the yearly performance of all other stocks, EAST outperforms 40% of them, which is more or less in line with the market.
In the last month EAST has a been trading in the 0.68 - 0.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
EAST Weekly chart
EAST Daily chart
Setup Rating and Analysis

6

EAST has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for EAST 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.
Support and Resistance Analysis

0.49

1.27

3 important support areas can be observed.

  • A support zone ranging from 0.69 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @0.57 from a trend line in the weekly time frame.
  • Support @0.49 from a horizontal line in the daily time frame.

5 important resistance areas can be observed.

  • A resistance zone ranging from 0.84 to 0.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.92 from a trend line in the daily time frame.
  • Resistance @1.19 from a trend line in the weekly time frame.
  • Resistance @1.23 from a trend line in the daily time frame.
  • Resistance @1.26 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.3
Mansfield-1.63
10 Day High0.99
10 Day Low0.7
20 Day High0.99
20 Day Low0.68
52 Week High2.98
52 Week Low0.41
Performance
1 Week-3.67%
2 Weeks-4.58%
1 Month6.14%
3 Month27.83%
6 Month-12.9%
12 Month-32.65%
2 Year-84.97%
3 Year-96.63%
5 Year-98.9%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)52.18
LBB0.71
UBB0.93
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
0.870.690.18 (20.69%)4.83%
An entry @0.87. This is a Buy Stop order right above the resistance zone.An exit @0.69. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.18 points, which is 20.69%.For a 1.00% total portfolio risk, you can invest 4.83% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EAST Daily chart

EASTSIDE DISTILLING INC

NASDAQ:EAST (1/14/2025, 8:00:01 PM)

After market: 0.7704 -0.03 (-3.88%)

0.8015

0 (-0.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-0.2%
1 Week-3.67%
2 Weeks-4.58%
1 Month6.14%
3 Month27.83%
6 Month-12.9%
12 Month-32.65%
2 Year-84.97%
3 Year-96.63%
5 Year-98.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%11.41%
ATR Inc-23.54%
Range Today0.07
ADR(20)0.09
ADR(20)%11.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.3
Mansfield-1.63
10 Day High0.99
10 Day Low0.7
20 Day High0.99
20 Day Low0.68
52 Week High2.98
52 Week Low0.41
CS1 End0.69
CR1 Start0.84
Volume & EV
DER(3)7.62%
DER(5)5.28%
Volume134.00K
Volume Incr-44.84%
Vol(5)94.26K
Vol(50)141.00K