NYSE:ETW - New York Stock Exchange, Inc. - US27829C1053 - Currency: USD
We assign a technical rating of 1 out of 10 to ETW. ETW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, ETW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.86, a Stop Loss order could be placed below this zone.
7.43
When analyzing the support we can see 2 important areas.
2 important resistance areas can be observed.
8.04
+0.09 (+1.13%)