We assign a technical rating of 0 out of 10 to EZGO. EZGO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
EZGO 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 very little resistance above the current price.
More info and screens
1.81
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.84 to 1.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.66 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for EZGO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EZGO is down. |
| ChartMill Relative Strength | 2.08 | NEGATIVE | EZGO has a low relative strength, it was outperformed by 97.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EZGO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EZGO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EZGO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.48 | NEUTRAL | The RSI value for EZGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EZGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 4.17 | OVERSOLD | The low Stochastics value suggests EZGO may be oversold. |
| Average True Range in percent/ATR (20) | 13.72 | HIGH VOLATILITY | The high ATR as a percentage value for EZGO suggests high volalility. |
| Average Directional Index/ADX (14) | 13.36 | NEGATIVE | The low ADX value for EZGO suggests a weak or negative trend. |
1.83
-0.15 (-7.58%)
EZGO TECHNOLOGIES LTD / EZGO FAQ
Can you provide the ChartMill technical rating for EZGO TECHNOLOGIES LTD?
ChartMill assigns a technical rating of 0 / 10 to EZGO.
Can you provide the trend direction for EZGO TECHNOLOGIES LTD?
The current trend direction for EZGO TECHNOLOGIES LTD (EZGO) is Bearish.
What is the RSI signal for EZGO TECHNOLOGIES LTD (EZGO) stock?
EZGO TECHNOLOGIES LTD (EZGO) has an RSI value of 35.4774. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EZGO TECHNOLOGIES LTD?
The MACD indicator for EZGO TECHNOLOGIES LTD (EZGO) has a value of 0.0406008, indicating a bearish trend.
What are the support and resistance levels for EZGO TECHNOLOGIES LTD (EZGO) stock?
EZGO TECHNOLOGIES LTD (EZGO) has a resistance level at 1.84. Check the full technical report for our detailed analysis of EZGO support and resistance levels.