EGAIN CORP (EGAN) Stock Technical Analysis
NASDAQ:EGAN - Nasdaq - US28225C8064 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to EGAN. EGAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, EGAN is a bad performer in the overall market: 77% of all stocks are doing better.
EGAN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EGAN has a been trading in the 4.95 - 6.71 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
EGAN is an average performer in the Software industry, it outperforms 40% of 284 stocks in the same industry.
The technical rating of EGAN 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
4.73
7.09
2 important support areas can be observed.
- Support @4.90 from a horizontal line in the daily time frame.
- A support zone ranging from 4.78 to 4.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 5.74 to 5.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.05 to 6.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.22 from a trend line in the weekly time frame.
- Resistance @6.38 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.01 to 7.02. 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
CRS23.09
Mansfield-2.21
10 Day High6.51
10 Day Low4.95
20 Day High6.71
20 Day Low4.95
52 Week High7.62
52 Week Low4.71
Performance
1 Week-18.82%
2 Weeks-20.84%
1 Month-22.29%
3 Month-4.5%
6 Month-32.94%
12 Month-15.17%
2 Year-34.83%
3 Year-56.83%
5 Year-37%
10 Year46.26%
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)-0.15
RSI(14)30.01
LBB4.82
UBB7
5.09
-0.1 (-1.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.93%
1 Week-18.82%
2 Weeks-20.84%
1 Month-22.29%
3 Month-4.5%
6 Month-32.94%
12 Month-15.17%
2 Year-34.83%
3 Year-56.83%
5 Year-37%
10 Year46.26%
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%5.63%
ATR Inc-65.14%
Range Today0.15
ADR(20)0.26
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.09
Mansfield-2.21
10 Day High6.51
10 Day Low4.95
20 Day High6.71
20 Day Low4.95
52 Week High7.62
52 Week Low4.71
CS1 End4.9
CR1 Start5.74
Volume & EV
DER(3)2.7%
DER(5)-0.27%
Volume72.20K
Volume Incr55.04%
Vol(5)117.24K
Vol(50)107.89K