Technical Analysis for EAX - Energy Action Ltd  

Grade Last Price % Change Price Change
grade F 0.26 -7.14% -0.020
EAX closed down 7.14 percent on Wednesday, August 21, 2019, on 2.26 times normal volume. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical EAX trend table...

Date Alert Name Type % Chg
New Downtrend Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Gilligan's Island Buy Setup Bullish Swing Setup 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Expansion Breakdown Bearish Swing Setup -7.14%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -7.14%

Older signals for EAX ...

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Energy Action Limited is an energy management, technology and services company. The Company's principal activities are providing integrated energy management services to a range of commercial and industrial customers. The Company provides electricity and gas procurement services, energy monitoring services and sustainability services in Australia. Its services include energy procurement: specialized in buying and negotiation strategies, utilizing reverse auctions, bespoke tender models and advising on structured products; energy monitoring, assessment and contract management (Energy Metrics), and energy efficiency and sustainability, and projects and advisory services (PAS). Its projects and advisory services include compliancy reporting, demand management solutions, embedded networks feasibility and management, energy audits and assessments, grants and funding, independent commissioning agent, and measurement and verification and metering systems.
Energy Electricity Sustainable Energy Advisory Services Contract Management Energy Consumption Energy Conservation Energy Efficiency Sustainability Services
Is EAX a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 1.17
52 Week Low 0.225
Average Volume 38,070
200-Day Moving Average 0.5565
50-Day Moving Average 0.3511
20-Day Moving Average 0.3568
10-Day Moving Average 0.322
Average True Range 0.022
ADX 26.93
+DI 20.1817
-DI 64.6658
Chandelier Exit (Long, 3 ATRs ) 0.354
Chandelier Exit (Short, 3 ATRs ) 0.291
Upper Bollinger Band 0.4524
Lower Bollinger Band 0.2612
Percent B (%b) -0.01
BandWidth 53.587444
MACD Line -0.0208
MACD Signal Line -0.0082
MACD Histogram -0.0126
Fundamentals Value
Market Cap 6.75 Million
Num Shares 26 Million
EPS 0.07
Price-to-Earnings (P/E) Ratio 3.82
Price-to-Sales 0.74
Price-to-Book 1.95
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.313
Resistance 3 (R3) 0.307 0.283 0.304
Resistance 2 (R2) 0.283 0.270 0.286 0.301
Resistance 1 (R1) 0.272 0.262 0.278 0.278 0.298
Pivot Point 0.248 0.248 0.251 0.251 0.248
Support 1 (S1) 0.237 0.235 0.243 0.243 0.222
Support 2 (S2) 0.213 0.227 0.216 0.219
Support 3 (S3) 0.202 0.213 0.216
Support 4 (S4) 0.208