EASTERN BANKSHARES INC (EBC) Stock Technical Analysis
NASDAQ:EBC - Nasdaq - US27627N1054 - Common Stock - Currency: USD
Taking everything into account, EBC scores 8 out of 10 in our technical rating. In the last year, EBC was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, EBC did better than 81% of all other stocks. On top of that, EBC also shows a nice and consistent pattern of rising prices.
EBC is part of the Banks industry. There are 405 other stocks in this industry. EBC outperforms 73% of them.
EBC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EBC is lagging the market slightly.
In the last month EBC has a been trading in the 17.49 - 19.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although EBC has an excellent technical rating, it does not present a decent entry opportunity 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
14.68
19.34
3 important support areas can be observed.
- A support zone ranging from 17.31 to 17.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.60 to 16.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.83 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.84 to 19.15. 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
CRS81.93
Mansfield0.56
10 Day High19.1
10 Day Low17.64
20 Day High19.17
20 Day Low17.49
52 Week High19.4
52 Week Low12.22
Performance
1 Week-3.95%
2 Weeks-7.36%
1 Month0.8%
3 Month-5.79%
6 Month6.61%
12 Month34.7%
2 Year13.14%
3 Year-18.85%
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)-0.1
RSI(14)42.3
LBB17.87
UBB19.31
17.74
-0.55 (-3.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-3.01%
1 Week-3.95%
2 Weeks-7.36%
1 Month0.8%
3 Month-5.79%
6 Month6.61%
12 Month34.7%
2 Year13.14%
3 Year-18.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%2.75%
ATR Inc66.35%
Range Today0.84
ADR(20)0.46
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.93
Mansfield0.56
10 Day High19.1
10 Day Low17.64
20 Day High19.17
20 Day Low17.49
52 Week High19.4
52 Week Low12.22
CS1 End17.34
CR1 Start18.84
Volume & EV
DER(3)-5.78%
DER(5)-2.82%
Volume1.30M
Volume Incr2.3%
Vol(5)1.05M
Vol(50)982.91K