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ENTHUSIAST GAMING HOLDINGS I (EGLX.CA) Stock Technical Analysis

TSX:EGLX - Toronto Stock Exchange - CA29385B1094 - Common Stock - Currency: CAD

0.13  +0.01 (+4%)

Technical Rating and Analysis

0

Taking everything into account, EGLX scores 0 out of 10 in our technical rating. EGLX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
89% of all other stocks performed better in the past year than EGLX.
EGLX is part of the Interactive Media & Services industry. There are 13 other stocks in this industry, of which 75% are performing better than EGLX.
EGLX 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 EGLX has a been trading in the 0.12 - 0.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ENTHUSIAST GAMING HOLDINGS I / EGLX Weekly stock chart
ENTHUSIAST GAMING HOLDINGS I / EGLX Daily stock chart
Setup Rating and Analysis

8

EGLX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.12, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EGLX 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

0.12

0.17

We found 1 important support area.

  • A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • Resistance @0.13 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.16 from a trend line in the weekly time frame.
  • Resistance @0.17 from a horizontal line in the daily 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
CRS11.6
Mansfield-1.93
10 Day High0.13
10 Day Low0.12
20 Day High0.14
20 Day Low0.12
52 Week High0.24
52 Week Low0.1
Performance
1 Week4%
2 Weeks4%
1 Month0%
3 Month-18.75%
6 Month-13.33%
12 Month-30.67%
2 Year-84.71%
3 Year-96.41%
5 Year-93.01%
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
RSI(14)50.05
LBB0.12
UBB0.13
ENTHUSIAST GAMING HOLDINGS I / EGLX Daily stock chart

ENTHUSIAST GAMING HOLDINGS I

TSX:EGLX (2/21/2025, 7:00:00 PM)

0.13

+0.01 (+4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg4%
1 Week4%
2 Weeks4%
1 Month0%
3 Month-18.75%
6 Month-13.33%
12 Month-30.67%
2 Year-84.71%
3 Year-96.41%
5 Year-93.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%4.81%
ATR Inc16.67%
Range Today0.01
ADR(20)0.01
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.6
Mansfield-1.93
10 Day High0.13
10 Day Low0.12
20 Day High0.14
20 Day Low0.12
52 Week High0.24
52 Week Low0.1
CS1 End0.12
CR1 Start0.13
Volume & EV
DER(3)5.62%
DER(5)5.4%
Volume96.53K
Volume Incr-10.24%
Vol(5)60.13K
Vol(50)104.13K