EUROSEAS LTD (ESEA) Stock Technical Analysis
NASDAQ:ESEA - Nasdaq - MHY235921357 - Common Stock - Currency: USD
Taking everything into account, ESEA scores 1 out of 10 in our technical rating. ESEA'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
75% of all other stocks performed better in the past year than ESEA.
ESEA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month ESEA has a been trading in the 32.26 - 35.86 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ESEA is an average performer in the Marine Transportation industry, it outperforms 67% of 29 stocks in the same industry.
ESEA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for ESEA 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.
More info and screens
30.45
35.76
2 important support areas can be observed.
- Support @31.63 from a trend line in the weekly time frame.
- A support zone ranging from 30.76 to 31.00. 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 33.54 to 33.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 34.66 to 34.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.41 to 35.41. 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
CRS25.01
Mansfield-1.48
10 Day High35.85
10 Day Low32.26
20 Day High35.86
20 Day Low32.26
52 Week High50.92
52 Week Low30.21
Performance
1 Week-5.51%
2 Weeks-1.12%
1 Month2.58%
3 Month-14.47%
6 Month-21.85%
12 Month-10.94%
2 Year80.71%
3 Year15.27%
5 Year1386.67%
10 Year-41.11%
15 Year-89.11%
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)-0.03
RSI(14)49.3
LBB32.33
UBB35.01
33.45
+0.54 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg1.64%
1 Week-5.51%
2 Weeks-1.12%
1 Month2.58%
3 Month-14.47%
6 Month-21.85%
12 Month-10.94%
2 Year80.71%
3 Year15.27%
5 Year1386.67%
10 Year-41.11%
15 Year-89.11%
Volatility
ATR(14)1.42
ATR(20)%4.16%
ATR Inc17.72%
Range Today1.57
ADR(20)1.35
ADR(20)%4.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.01
Mansfield-1.48
10 Day High35.85
10 Day Low32.26
20 Day High35.86
20 Day Low32.26
52 Week High50.92
52 Week Low30.21
CS1 End31.63
CR1 Start33.54
Volume & EV
DER(3)3.06%
DER(5)2.16%
Volume35.60K
Volume Incr50.88%
Vol(5)45.74K
Vol(50)37.88K