Technical Analysis for EBON - Ebang International Holdings Inc.

Grade Last Price % Change Price Change
F 8.95 2.05% 0.18
EBON closed up 2.05 percent on Friday, May 17, 2024, on 82 percent of normal volume. It was able to find support at its 50 day moving average. It was able to bounce off of its 200 day moving average, an important long-term support line. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Earnings Movers Other 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%

   Recent Intraday Alerts

Alert Time
50 DMA Support 3 days ago
200 DMA Support 3 days ago
Rose Above Previous Day's High 3 days ago
Down 3% 3 days ago
Up 5% 3 days ago

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Profile

Ebang International Holdings Inc. Description

Ebang International Holdings Inc., through its subsidiaries, engages in the manufacture and sale of Bitcoin mining machines and telecommunication products in the People's Republic of China. It provides application-specific integrated circuit based Bitcoin mining machines; and Bitcoin mining machine accessories, as well as ancillary services to assist its customers operations. The company also offers mining machine hosting services that enable its customers to operate their mining machines remotely. In addition, it provides fiber-optic communication access devices comprising multiprotocol label switching fiber-optic access network devices, multi-service access platform integrated business access devices, and wavelength-division multiplexing fiber-optic devices; and enterprise convergent terminal products, such as gigabit passive optical network, enterprise cloud gateway devices, industrial Internet of things access devices, and business enterprise smart wireless access devices. The company sells its Bitcoin mining machines for enterprises and individual buyers under the Ebit brand through direct sales; and telecommunications products for telecommunications service providers under the EBANG brand name through direct sales. The company was founded in 2010 and is headquartered in Hangzhou, the People's Republic of China.


Classification

Sector: Technology
Industry: Computer Hardware
Keywords: Telecommunications Broadband Bitcoin Integrated Circuits Cryptocurrency Internet Of Things Computer Network Digital Currencies Communications Products Optical Fiber Communications Service Providers Fiber Optic Communication Bitcoin Mining Communication Products Wireless Access Access Network Gigabit Multiplexing Fiber To The Premises Telecommunications Products Access Devices Industrial Internet Telecommunications Service Providers Industrial Internet Of Things Passive Optical Network Gigabit Passive Optical Network Telecommunication Products

Is EBON a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 18.94
52 Week Low 5.9548
Average Volume 22,842
200-Day Moving Average 8.71
50-Day Moving Average 8.65
20-Day Moving Average 8.03
10-Day Moving Average 8.28
Average True Range 0.59
RSI (14) 59.35
ADX 13.47
+DI 25.78
-DI 15.18
Chandelier Exit (Long, 3 ATRs) 7.72
Chandelier Exit (Short, 3 ATRs) 9.08
Upper Bollinger Bands 8.78
Lower Bollinger Band 7.28
Percent B (%b) 1.12
BandWidth 18.57
MACD Line -0.01
MACD Signal Line -0.17
MACD Histogram 0.1599
Fundamentals Value
Market Cap 42.3 Million
Num Shares 4.73 Million
EPS -6.67
Price-to-Earnings (P/E) Ratio -1.34
Price-to-Sales 6.07
Price-to-Book 0.21
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.45
Resistance 3 (R3) 10.47 9.98 10.20
Resistance 2 (R2) 9.98 9.60 9.97 10.12
Resistance 1 (R1) 9.47 9.37 9.72 9.45 10.03
Pivot Point 8.98 8.98 9.11 8.98 8.98
Support 1 (S1) 8.47 8.60 8.73 8.45 7.87
Support 2 (S2) 7.98 8.37 7.98 7.78
Support 3 (S3) 7.47 7.98 7.70
Support 4 (S4) 7.45