EHEALTH INC. - Daily - Technical analysis published on 01/24/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 93.41 USD
My targets
99.00 USD (+1.93%)
105.78 USD (+8.91%)
My analysis
EHEALTH INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 93.41 USD. The next resistance located at 99.00 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 105.78 USD. After this resistance, buyers could then target 110.32 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.5
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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 EHEALTH INC. price is 97.13 USD. The price has increased by -2.48% since the last closing and was traded between 96.11 USD and 99.31 USD over the period. The price is currently at +1.06% from its lowest and -2.20% from its highest.96.11
99.31
97.13
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 EHEALTH INC.:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of EHEALTH INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 70.08 | 85.48 | 93.41 | 97.13 | 99.00 | 105.78 | 110.32 |
| Change (%) | -27.85% | -11.99% | -3.83% | - | +1.93% | +8.91% | +13.58% |
| Change | -27.05 | -11.65 | -3.72 | - | +1.87 | +8.65 | +13.19 |
| Level | Minor | Intermediate | Major | - | Major | Minor | Major |
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 | 95.68 | 96.99 | 98.29 | 99.60 | 100.90 | 102.21 | 103.51 |
| Camarilla | 98.88 | 99.12 | 99.36 | 99.60 | 99.84 | 100.08 | 100.32 |
| Woodie | 95.69 | 96.99 | 98.30 | 99.60 | 100.91 | 102.21 | 103.52 |
| Fibonacci | 96.99 | 97.98 | 98.60 | 99.60 | 100.59 | 101.21 | 102.21 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 71.10 | 76.44 | 86.62 | 91.96 | 102.14 | 107.48 | 117.66 |
| Camarilla | 92.54 | 93.97 | 95.39 | 96.81 | 98.23 | 99.66 | 101.08 |
| Woodie | 73.53 | 77.65 | 89.05 | 93.17 | 104.57 | 108.69 | 120.09 |
| Fibonacci | 76.44 | 82.37 | 86.03 | 91.96 | 97.89 | 101.55 | 107.48 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 78.17 | 83.04 | 89.56 | 94.43 | 100.95 | 105.82 | 112.34 |
| Camarilla | 92.95 | 93.99 | 95.04 | 96.08 | 97.12 | 98.17 | 99.21 |
| Woodie | 79.00 | 83.45 | 90.39 | 94.84 | 101.77 | 106.23 | 113.16 |
| Fibonacci | 83.04 | 87.39 | 90.08 | 94.43 | 98.78 | 101.47 | 105.82 |
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): | 56.42 | |
| MACD (12,26,9): | 1.4000 | |
| Directional Movement: | 3.86 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 96.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 83.84 | |
| Elder Ray (13): | 2.66 | |
| Super Trend (3,10): | 87.90 | |
| Zig ZAG (10): | 97.13 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 90.13 | |
| TEMA (21): | 95.26 | |
| Williams %R (14): | -19.71 | |
| Chande Momentum Oscillator (20): | -1.87 | |
| Repulse (5,40,3): | 1.4100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 2.73 |
| MA7: | 94.23 | |
| MA20: | 94.89 | |
| MA50: | 91.04 | |
| MA100: | 80.01 | |
| MAexp7: | 95.93 | |
| MAexp20: | 94.45 | |
| MAexp50: | 90.25 | |
| MAexp100: | 85.52 | |
| Price / MA7: | +3.08% | |
| Price / MA20: | +2.36% | |
| Price / MA50: | +6.69% | |
| Price / MA100: | +21.40% | |
| Price / MAexp7: | +1.25% | |
| Price / MAexp20: | +2.84% | |
| Price / MAexp50: | +7.62% | |
| Price / MAexp100: | +13.58% |
News
The latest news and videos published on EHEALTH INC. at the time of the analysis were as follows:
- eHealth Achieves HITRUST CSF® Certification to Manage Risk, Improve Security Posture and Meet Compliance Requirements
- Digital Health Study: Estonia overtakes Denmark as European eHealth Champion
- Medicare Supplement Enrollees Could Save More Than $1,000 Per Year By Comparison Shopping, According to eHealth Report
- Health Plan Comparison Tools Can Significantly Increase Consumer Confidence, According to eHealth Analysis
- ACA Open Enrollment "Half-Time" Report: Average Individual Premiums Decrease 4%, Deductibles Rise 5%
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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