EUROSEAS LTD (ESEA) Stock Technical Analysis
NASDAQ:ESEA - Nasdaq - MHY235921357 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ESEA. ESEA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ESEA is a bad performer in the overall market: 88% of all stocks are doing better.
ESEA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ESEA has a been trading in the 30.65 - 37.83 range, which is quite wide. It is currently trading near the lows of this range.
ESEA is an average performer in the Marine Transportation industry, it outperforms 50% of 29 stocks in the same industry.
ESEA has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
31.25
36.69
We found 1 important support area.
- Support @31.57 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 33.83 to 33.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @35.18 from a trend line in the daily time frame.
- A resistance zone ranging from 35.80 to 36.33. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS12.35
Mansfield-2.48
10 Day High34.7
10 Day Low30.65
20 Day High37.83
20 Day Low30.65
52 Week High50.92
52 Week Low30.65
Performance
1 Week-1.37%
2 Weeks-8.09%
1 Month-9.07%
3 Month-23.37%
6 Month-12.16%
12 Month-19%
2 Year59.9%
3 Year0.25%
5 Year928.66%
10 Year-45.92%
15 Year-90.42%
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)-0.18
RSI(14)34.19
LBB30.19
UBB36.02
EUROSEAS LTD
NASDAQ:ESEA (1/29/2025, 8:21:24 PM)
After market: 32.0201 +0.44 (+1.39%)31.58
+0.66 (+2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg2.13%
1 Week-1.37%
2 Weeks-8.09%
1 Month-9.07%
3 Month-23.37%
6 Month-12.16%
12 Month-19%
2 Year59.9%
3 Year0.25%
5 Year928.66%
10 Year-45.92%
15 Year-90.42%
Volatility
ATR(14)1.09
ATR(20)%4.01%
ATR Inc-5.97%
Range Today1.01
ADR(20)1.18
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.35
Mansfield-2.48
10 Day High34.7
10 Day Low30.65
20 Day High37.83
20 Day Low30.65
52 Week High50.92
52 Week Low30.65
CS1 End31.57
CR1 Start33.83
Volume & EV
DER(3)-7.15%
DER(5)-1.61%
Volume25.30K
Volume Incr-16.49%
Vol(5)38.02K
Vol(50)46.10K