ESEA NEWS why is Euroseas Ltd. price falling or rising

ESEA NEWS reasons for why stock price of Euroseas Ltd. is falling or rising

ESEA Euroseas is falling or rising technical reasons

Technical analysis forecast for Euroseas Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Euroseas ESEA at this time. Stock is falling and might fall more.

It appears as if Euroseas ESEA gave a large move recently.

Stock of Euroseas (ESEA) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Euroseas is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Euroseas stays below 40.1, but if it comes above 40.1, then a intra day buy could be more profitable.
If you take a sell trade below 40.1, then use 40.1 as stoploss and 38.8 as target. However if you take a buy trade in Euroseas, then use 40.1 as stoploss and 41.11 as target.

ESEA Euroseas is falling or rising NEWS fundamental reasons

More announcements and NEWS

ESEA Euroseas Ltd. current price & indicator signals

Moving Averages for Euroseas Ltd.

  • 5Day Average: 39.89
  • 12Day Average: 40.93
  • 20Day Average: 41.04
  • 50Day Average: 43.28
  • 100Day Average: 42.51
  • 150Day Average: 40.86
  • 200Day Average: 39.58

ESEA Indicators & signals

Indicator MACD (12,26,9)

40.68, 41.39, -0.61
Indicator MACD is in negative zone

Indicator ADX (14)

31.03, 11.76, 22.35
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ESEA Euroseas Ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Tue Nov 2024 39.38 39.18 to 40.95 0% 0.61 times
26 Tue Nov 2024 39.38 39.18 to 40.95 -3.31% 0.61 times
25 Mon Nov 2024 40.73 39.13 to 40.81 0.57% 0.94 times
22 Fri Nov 2024 40.50 38.47 to 41.01 2.66% 1.35 times
21 Thu Nov 2024 39.45 39.16 to 43.02 -6.74% 2.37 times
20 Wed Nov 2024 42.30 41.87 to 43.45 -0.47% 0.85 times
19 Tue Nov 2024 42.50 41.61 to 42.73 0.31% 0.47 times
18 Mon Nov 2024 42.37 42.18 to 43.02 -0.94% 0.42 times
15 Fri Nov 2024 42.77 41.75 to 43.00 2.47% 0.95 times
14 Thu Nov 2024 41.74 40.35 to 41.85 4.01% 0.63 times
13 Wed Nov 2024 40.13 39.92 to 41.91 0.53% 1.4 times
12 Tue Nov 2024 39.92 39.67 to 40.89 -0.57% 1.29 times

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