EGAIN CORP. - Daily - Technical analysis published on 09/19/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bearish
Technical indicators
44%
28%
28%
My opinion
Neutral between 7.36 USD and 8.13 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 8.13 USD. The first support is located at 7.36 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by EGAIN CORP..
In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EGAIN CORP. rating is 7.70 USD. The price registered a decrease of -3.27% on the session with the lowest point at 7.55 USD and the highest point at 7.94 USD. The deviation from the price is +1.99% for the low point and -3.02% for the high point.7.55
7.94
7.70
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EGAIN CORP.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of EGAIN CORP. indicates that the overall trend is slightly bearish. 50% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 5 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.45 | 6.57 | 7.36 | 7.70 | 8.13 | 8.89 | 10.36 |
| Change (%) | -29.22% | -14.68% | -4.42% | - | +5.58% | +15.45% | +34.55% |
| Change | -2.25 | -1.13 | -0.34 | - | +0.43 | +1.19 | +2.66 |
| Level | Major | Intermediate | Major | - | Major | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.64 | 7.72 | 7.84 | 7.92 | 8.04 | 8.12 | 8.24 |
| Camarilla | 7.91 | 7.92 | 7.94 | 7.96 | 7.98 | 8.00 | 8.02 |
| Woodie | 7.66 | 7.73 | 7.86 | 7.93 | 8.06 | 8.13 | 8.26 |
| Fibonacci | 7.72 | 7.80 | 7.84 | 7.92 | 8.00 | 8.04 | 8.12 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.75 | 7.20 | 7.43 | 7.88 | 8.11 | 8.56 | 8.79 |
| Camarilla | 7.48 | 7.55 | 7.61 | 7.67 | 7.73 | 7.80 | 7.86 |
| Woodie | 6.65 | 7.15 | 7.33 | 7.83 | 8.01 | 8.51 | 8.69 |
| Fibonacci | 7.20 | 7.46 | 7.62 | 7.88 | 8.14 | 8.30 | 8.56 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.87 | 5.61 | 6.40 | 7.14 | 7.93 | 8.67 | 9.46 |
| Camarilla | 6.76 | 6.90 | 7.04 | 7.18 | 7.32 | 7.46 | 7.60 |
| Woodie | 4.89 | 5.62 | 6.42 | 7.15 | 7.95 | 8.68 | 9.48 |
| Fibonacci | 5.61 | 6.20 | 6.56 | 7.14 | 7.73 | 8.09 | 8.67 |
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): | 51.24 | |
| MACD (12,26,9): | 0.1600 | |
| Directional Movement: | -8.28 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 7.88 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.29 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 7.15 | |
| Zig ZAG (10): | 7.70 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 69.90 | |
| TEMA (21): | 8.09 | |
| Williams %R (14): | -46.62 | |
| Chande Momentum Oscillator (20): | 0.52 | |
| Repulse (5,40,3): | -2.0300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.2800 | |
| Courbe Coppock: | 28.84 |
| MA7: | 7.96 | |
| MA20: | 7.56 | |
| MA50: | 7.55 | |
| MA100: | 8.02 | |
| MAexp7: | 7.87 | |
| MAexp20: | 7.70 | |
| MAexp50: | 7.69 | |
| MAexp100: | 8.00 | |
| Price / MA7: | -3.27% | |
| Price / MA20: | +1.85% | |
| Price / MA50: | +1.99% | |
| Price / MA100: | -3.99% | |
| Price / MAexp7: | -2.16% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.13% | |
| Price / MAexp100: | -3.75% |
News
The latest news and videos published on EGAIN CORP. at the time of the analysis were as follows:
- eGain Announces Schedule of Investor Conferences for September
- eGain to Announce Fiscal 2019 Fourth Quarter and Full Year Financial Results on September 3, 2019
- eGain to Present at the 22nd Annual Oppenheimer Technology, Internet and Communications Conference on August 6, 2019
- A-dec Selects eGain for AI-Powered Customer Support
- eGain to Participate in ROTH London Conference
This member declared not having a position on this financial instrument or a related financial instrument.
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