EGAIN CORP.
EGAIN CORP.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: EGAN
ISIN:

EGAIN CORP. - Weekly - Technical analysis published on 07/16/2020 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 8.31 USD
My targets
10.42 USD (+6.98%)
12.46 USD (+27.93%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EGAIN CORP. as long as the price remains well above 8.31 USD. The buyers” bullish objective is set at 10.42 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 12.46 USD. If there is any crossing, the next objective would be the resistance located at 15.50 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Mattkh. Take part yourself by sharing additional analysis on another time unit:
1H Daily

Additional analysis

Quotes

The EGAIN CORP. rating is 9.74 USD. The price registered a decrease of -12.41% over 5 days and was traded between 9.74 USD and 10.95 USD over the period. The price is currently at 0% from its lowest point and -11.05% from its highest point.

9.74
10.95
9.74

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this Weekly chart of EGAIN CORP. indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 2

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 3.04 6.57 8.31 9.74 10.42 12.46 15.50
Change (%) -68.79% -32.55% -14.68% - +6.98% +27.93% +59.14%
Change -6.70 -3.17 -1.43 - +0.68 +2.72 +5.76
Level Minor Major Intermediate - Major Intermediate Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.289.519.749.9710.2010.4310.66
Camarilla9.849.899.939.9710.0110.0510.10
Woodie9.289.519.749.9710.2010.4310.66
Fibonacci9.519.699.799.9710.1510.2510.43


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.919.8210.3011.2111.6912.6013.08
Camarilla10.4010.5310.6510.7810.9111.0411.16
Woodie8.709.7110.0911.1011.4812.4912.87
Fibonacci9.8210.3510.6811.2111.7412.0712.60


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.577.609.3610.3812.1413.1714.92
Camarilla10.3510.6010.8611.1111.3711.6211.88
Woodie6.947.789.7210.5612.5013.3515.29
Fibonacci7.608.669.3210.3811.4512.1013.17

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 53.44
MACD (12,26,9): 0.6500
Directional Movement: 8.09
AROON (14): 92.86
DEMA (21): 10.19
Parabolic SAR (0,02-0,02-0,2): 6.99
Elder Ray (13): 0.58
Super Trend (3,10): 7.48
Zig ZAG (10): 10.00
VORTEX (21): 0.9900
Stochastique (14,3,5): 74.37
TEMA (21): 10.67
Williams %R (14): -44.44
Chande Momentum Oscillator (20): 1.87
Repulse (5,40,3): -11.0700
ROCnROLL: 1
TRIX (15,9): 0.9200
Courbe Coppock: 77.65
MA7: 10.42
MA20: 10.33
MA50: 10.05
MA100: 8.73
MAexp7: 10.13
MAexp20: 9.37
MAexp50: 8.73
MAexp100: 8.28
Price / MA7: -6.53%
Price / MA20: -5.71%
Price / MA50: -3.08%
Price / MA100: +11.57%
Price / MAexp7: -3.85%
Price / MAexp20: +3.95%
Price / MAexp50: +11.57%
Price / MAexp100: +17.63%

Quotes : 2020-07-16 14:43:29 - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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