📊 Technical Analysis Overview
📈 Moving Averages
Short-Term (5–20 days): The 5-day and 20-day simple moving averages (SMAs) are at $16.91 and $16.02, respectively. With the current price above these averages, this suggests a short-term bullish trend.
Medium-Term (50–100 days): The 50-day SMA stands at $20.08, and the 100-day SMA is at $18.52. The current price below the 50-day but near the 100-day average indicates potential resistance and a neutral medium-term outlook.
Long-Term (200 days): The 200-day SMA is at $16.48. The current price above this average suggests a positive long-term trend.
🔄 Oscillators and Momentum Indicators
Relative Strength Index (RSI): At 48.11, the RSI indicates a neutral momentum, neither overbought nor oversold.
Moving Average Convergence Divergence (MACD): The MACD is at -0.83, suggesting a bearish signal.
Stochastic Oscillator: With a value of 87.85, this indicates the stock is in overbought territory, potentially signaling a forthcoming pullback.
📉 Support and Resistance Levels
Support Zones:
$16.64–$16.73: Formed by multiple trend lines and moving averages.
$14.48–$14.71: Identified through various time frame analyses.
$14.10 and $13.45: Based on horizontal and trend line analyses.
Stock Screener Tool
Resistance Levels:
$18.44: Short-term resistance.
$26.45: Mid-term resistance.
$25.56: Long-term resistance.
Analysts maintain a Buy rating for EHang, with a 12-month average price target of $26.50, suggesting a potential upside of approximately 41% from the current price.
📌 Summary
EHang Holdings Ltd. exhibits a mixed technical outlook. The short-term indicators suggest bullish momentum, while medium-term signals are neutral, and some oscillators point to potential overbought conditions. Investors should monitor these levels closely and consider waiting for a consolidation or pullback before making entry decisions.
📈 Moving Averages
Short-Term (5–20 days): The 5-day and 20-day simple moving averages (SMAs) are at $16.91 and $16.02, respectively. With the current price above these averages, this suggests a short-term bullish trend.
Medium-Term (50–100 days): The 50-day SMA stands at $20.08, and the 100-day SMA is at $18.52. The current price below the 50-day but near the 100-day average indicates potential resistance and a neutral medium-term outlook.
Long-Term (200 days): The 200-day SMA is at $16.48. The current price above this average suggests a positive long-term trend.
🔄 Oscillators and Momentum Indicators
Relative Strength Index (RSI): At 48.11, the RSI indicates a neutral momentum, neither overbought nor oversold.
Moving Average Convergence Divergence (MACD): The MACD is at -0.83, suggesting a bearish signal.
Stochastic Oscillator: With a value of 87.85, this indicates the stock is in overbought territory, potentially signaling a forthcoming pullback.
📉 Support and Resistance Levels
Support Zones:
$16.64–$16.73: Formed by multiple trend lines and moving averages.
$14.48–$14.71: Identified through various time frame analyses.
$14.10 and $13.45: Based on horizontal and trend line analyses.
Stock Screener Tool
Resistance Levels:
$18.44: Short-term resistance.
$26.45: Mid-term resistance.
$25.56: Long-term resistance.
Analysts maintain a Buy rating for EHang, with a 12-month average price target of $26.50, suggesting a potential upside of approximately 41% from the current price.
📌 Summary
EHang Holdings Ltd. exhibits a mixed technical outlook. The short-term indicators suggest bullish momentum, while medium-term signals are neutral, and some oscillators point to potential overbought conditions. Investors should monitor these levels closely and consider waiting for a consolidation or pullback before making entry decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.