EIRL in upward trend: 10-day moving average broke above 50-day moving average on November 13, 2023
The 10-day moving average for EIRL crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 01, 2023. You may want to consider a long position or call options on EIRL as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for EIRL just turned positive on November 01, 2023. Looking at past instances where EIRL's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
EIRL moved above its 50-day moving average on November 13, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EIRL advanced for three days, in of 360 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 350 cases where EIRL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for EIRL moved out of overbought territory on December 04, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 15 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EIRL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
EIRL broke above its upper Bollinger Band on November 03, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Miscellaneous
EIRL and
Correlation & Price change
A.I.dvisor tells us that EIRL and EWY have been poorly correlated (+13% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that EIRL and EWY's prices will move in lockstep.
| Ticker / NAME | Correlation To EIRL | 1D Price Change % | ||
|---|---|---|---|---|
| EIRL | 100% | +0.80% | ||
| EWY - EIRL | 13% Poorly correlated | -0.62% | ||
| EWA - EIRL | 4% Poorly correlated | +0.90% | ||
| EWC - EIRL | 2% Poorly correlated | -0.54% | ||
| BBCA - EIRL | 1% Poorly correlated | -0.64% | ||
| EWU - EIRL | -6% Poorly correlated | -0.15% |