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Archive - 11/22/2024 - Sign In to see current Signals. |
eBay Inc. (EBAY) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the eBay Inc. (EBAY). During the week, the EBAY gained 1.81 points, or 2.95%, and closed at 63.24 on Friday, November 22, 2024. Weekly volume was -39% below average. Long-term trend: [See EBAY long-term trend chart] A long-term uptrend had started on November 8, 2023 at 37.17 and reached 67.80 on October 15, 2024. EBAY gained -30.63 points, or -82.41%, in 48 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (63.95) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a long-term trend. Medium-term trend: [See EBAY medium-term trend chart] A medium-term downtrend had started on October 15, 2024 at 67.80 and reached 56.33 on October 31, 2024. EBAY lost 11.47 points, or 16.92%, in 2 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (60.66) is broken. A broken support is considered to be a long-term bullish signal. 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 medium-term trend. Weekly Technical Indicators: [See EBAY weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since November 1, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help. Short-term trend: [See EBAY short-term trend chart] A short-term uptrend had started on October 31, 2024 at 56.33 and reached 63.43 on November 22, 2024. EBAY gained -7.10 points, or -12.60%, in 22 days. Price is near the trend high. Daily Technical Indicators: [See EBAY daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since November 12, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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. Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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