Eidos Therapeutics Inc (EIDX) Stock Technical Analysis
NASDAQ:EIDX - Nasdaq -
Taking everything into account, EIDX scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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.
When comparing the yearly performance of all stocks, we notice that EIDX is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, EIDX also shows a nice and consistent pattern of rising prices.
EIDX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month EIDX has a been trading in the 116.24 - 132.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EIDX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 131.59. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
43.26
132.91
When analyzing the support we can see 2 important areas.
- Support @117.32 from a horizontal line in the daily time frame.
- Support @43.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 131.59 to 131.59. 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
CRS91.31
Mansfield6.6
10 Day High131.08
10 Day Low116.83
20 Day High132.54
20 Day Low116.24
52 Week High132.54
52 Week Low28.39
Performance
1 Week-3.4%
2 Weeks1.03%
1 Month-4.04%
3 Month72.32%
6 Month204.76%
12 Month129.37%
2 YearN/A
3 YearN/A
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)-1.3
RSI(14)52.72
LBB116.87
UBB130.81
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 |
|---|---|---|---|
| 125.53 | 117.31 | 8.22 (6.55%) | 15.28% |
| An entry @125.53. This is a Buy Stop order right above the 10 day moving average. | An exit @117.31. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.22 points, which is 6.55%. | For a 1.00% total portfolio risk, you can invest 15.28% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of EIDX. Please evaluate whether better entry and exit points can be found.
- 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.
122.21
-6.23 (-4.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.85%
1 Week-3.4%
2 Weeks1.03%
1 Month-4.04%
3 Month72.32%
6 Month204.76%
12 Month129.37%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.96
ATR(20)%5.01%
ATR Inc71.45%
Range Today11.66
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.31
Mansfield6.6
10 Day High131.08
10 Day Low116.83
20 Day High132.54
20 Day Low116.24
52 Week High132.54
52 Week Low28.39
CS1 End117.32
CR1 Start131.59
Volume & EV
DER(3)0.93%
DER(5)0.42%
Volume335.50K
Volume Incr50.7%
Vol(5)168.96K
Vol(50)145.72K