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. - Daily - Technical analysis published on 09/19/2019 (GMT)

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  • Timeframe : Daily
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  • 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.

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by EGAIN CORP.:
The Central Records scanner for higher/lower results shows an item:

Central Records

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:

Central Indicators

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:

Central Indicators

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


S3S2S1PriceR1R2R3
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
Standard7.647.727.847.928.048.128.24
Camarilla7.917.927.947.967.988.008.02
Woodie7.667.737.867.938.068.138.26
Fibonacci7.727.807.847.928.008.048.12


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.757.207.437.888.118.568.79
Camarilla7.487.557.617.677.737.807.86
Woodie6.657.157.337.838.018.518.69
Fibonacci7.207.467.627.888.148.308.56


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.875.616.407.147.938.679.46
Camarilla6.766.907.047.187.327.467.60
Woodie4.895.626.427.157.958.689.48
Fibonacci5.616.206.567.147.738.098.67

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%

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

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