EGUANA TECHNOLOGIES INC (EGT.CA) Stock Technical Analysis
TSX-V:EGT - TSX Venture Exchange - CA2823651054 - Common Stock - Currency: CAD
We assign a technical rating of 6 out of 10 to EGT. In the last year, EGT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
EGT is part of the Electrical Equipment industry. There are 14 other stocks in this industry. EGT outperforms 76% of them.
In the last month EGT has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, EGT did better than 94% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
EGT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EGT is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EGT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.01, a Stop Loss order could be placed below this zone.
More info and screens
0.01
0.02
When analyzing the support we notice one important area.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.02 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
CRS94.73
Mansfield1.44
10 Day High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.02
52 Week Low0.01
Performance
1 Week50%
2 Weeks50%
1 Month0%
3 Month200%
6 Month50%
12 Month-25%
2 Year-94.44%
3 Year-96.34%
5 Year-86.36%
10 Year-96.25%
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)54.67
LBB0.01
UBB0.02
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.03 | 0.00 | 0.03 (100.00%) | 1.00% |
| An entry @0.03. This is a Buy Stop order right above the resistance zone. | An exit @0.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 100.00%. | When investing 1.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:EGT (2/21/2025, 7:00:00 PM)
0.015
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0%
1 Week50%
2 Weeks50%
1 Month0%
3 Month200%
6 Month50%
12 Month-25%
2 Year-94.44%
3 Year-96.34%
5 Year-86.36%
10 Year-96.25%
15 YearN/A
Volatility
ATR(14)0
ATR(20)%26.67%
ATR Inc-100%
Range Today0
ADR(20)0
ADR(20)%23.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.73
Mansfield1.44
10 Day High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.02
52 Week Low0.01
CS1 End0.01
CR1 Start0.02
Volume & EV
DER(3)0%
DER(5)-13.82%
Volume34.00K
Volume Incr-50.55%
Vol(5)54.84K
Vol(50)164.28K