EASTERN BANKSHARES INC (EBC) Stock Technical Analysis
NASDAQ:EBC - Nasdaq - US27627N1054 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to EBC. EBC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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.
EBC has an average volume of 1293000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, EBC did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
EBC is part of the Banks industry. There are 398 other stocks in this industry, EBC did better than 56% of them.
EBC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month EBC has a been trading in the 13.51 - 16.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of EBC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.11
19.05
2 important support areas can be observed.
- Support @15.63 from a trend line in the daily time frame.
- A support zone ranging from 14.25 to 14.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 15.80 to 15.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 18.83 to 18.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.23
Mansfield0.12
10 Day High15.85
10 Day Low13.85
20 Day High16.93
20 Day Low13.51
52 Week High19.4
52 Week Low12.54
Performance
1 Week7.27%
2 Weeks3.88%
1 Month-5.79%
3 Month-11.54%
6 Month-0.82%
12 Month21.09%
2 Year35.54%
3 Year-17.59%
5 YearN/A
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)0.17
RSI(14)53.96
LBB13.86
UBB15.66
15.79
+0.31 (+2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2%
1 Week7.27%
2 Weeks3.88%
1 Month-5.79%
3 Month-11.54%
6 Month-0.82%
12 Month21.09%
2 Year35.54%
3 Year-17.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%4.9%
ATR Inc-34.15%
Range Today0.45
ADR(20)0.72
ADR(20)%4.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.23
Mansfield0.12
10 Day High15.85
10 Day Low13.85
20 Day High16.93
20 Day Low13.51
52 Week High19.4
52 Week Low12.54
CS1 End15.63
CR1 Start15.8
Volume & EV
DER(3)-0.42%
DER(5)-0.85%
Volume1.23M
Volume Incr-31.45%
Vol(5)1.04M
Vol(50)1.29M