NYSEARCA:EIPI - NYSE Arca - US33740F2763 - ETF - Currency: USD
Taking everything into account, EIPI scores 1 out of 10 in our technical rating. EIPI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
EIPI has a bad 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 resistance zone just above the current price starting at 19.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.44, a Stop Loss order could be placed below this zone.
18.06
We found 1 important support area.
We can see 3 important resistance areas.
19.09
-0.34 (-1.75%)