EAGLE BANCORP INC (EGBN) Stock Technical Analysis
NASDAQ:EGBN - Nasdaq - US2689481065 - Common Stock - Currency: USD
Taking everything into account, EGBN scores 0 out of 10 in our technical rating. EGBN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
80% of all other stocks performed better in the past year than EGBN.
EGBN is part of the Banks industry. There are 405 other stocks in this industry, of which 93% are performing better than EGBN.
In the last month EGBN has a been trading in the 22.75 - 27.07 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
EGBN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EGBN is lagging the market.
The technical rating of EGBN 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
22.53
30.03
We found 1 important support area.
- A support zone ranging from 22.76 to 22.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 25.10 to 26.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.07 from a trend line in the weekly time frame.
- Resistance @29.73 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.05
Mansfield-0.72
10 Day High26.99
10 Day Low22.75
20 Day High27.07
20 Day Low22.75
52 Week High30.94
52 Week Low15.99
Performance
1 Week-10.46%
2 Weeks-15.51%
1 Month-9.93%
3 Month-22.58%
6 Month3.08%
12 Month-3.8%
2 Year-48.03%
3 Year-62%
5 Year-39.15%
10 Year-38.71%
15 Year94.45%
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)-0.28
RSI(14)30.27
LBB23.29
UBB27.6
22.77
-1.09 (-4.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-4.57%
1 Week-10.46%
2 Weeks-15.51%
1 Month-9.93%
3 Month-22.58%
6 Month3.08%
12 Month-3.8%
2 Year-48.03%
3 Year-62%
5 Year-39.15%
10 Year-38.71%
15 Year94.45%
Volatility
ATR(14)0.87
ATR(20)%3.85%
ATR Inc67.33%
Range Today1.53
ADR(20)0.87
ADR(20)%3.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.05
Mansfield-0.72
10 Day High26.99
10 Day Low22.75
20 Day High27.07
20 Day Low22.75
52 Week High30.94
52 Week Low15.99
CS1 End22.76
CR1 Start25.1
Volume & EV
DER(3)1.28%
DER(5)2.2%
Volume620.50K
Volume Incr129.09%
Vol(5)589.08K
Vol(50)296.12K