|
|
Uptrend ExhaustionArchive
- 12/13/2024 -
Sign In to see current Signals. |
Electronic Arts (EA) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Electronic Arts (EA). During the week, the EA dropped -9.61 points, or -5.75%, and closed at 157.40 on Friday, December 13, 2024. Weekly volume was -7% below average.
EA is a member of Communication Services Sector. Communication Services is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See EA long-term trend chart]
A long-term uptrend had started on March 13, 2023 at 108.53 and reached 168.50 on November 22, 2024. EA gained -59.97 points, or -55.26%, in 88 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (133.76) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See EA medium-term trend chart]
A medium-term uptrend had started on May 9, 2024 at 124.92 and reached 168.50 on November 22, 2024. EA gained -43.58 points, or -34.89%, in 28 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See EA weekly technical indicators chart]
Weekly Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is above its signal line since November 1, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See EA short-term trend chart]
A short-term uptrend had started on September 20, 2024 at 138.59 and reached 168.50 on November 22, 2024. EA gained -29.91 points, or -21.58%, in 63 days. Price is near the Fibonacci 38.2% retracement level.
 Daily Technical Indicators: [See EA daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since November 26, 2024.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|