Following these proceedings, Deutsche Bank upgraded its EHang Holdings Ltd ADR [EH] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who began to cover the stock in early April with a ‘”a Buy”‘ rating. China Renaissance began covering EH with “Buy” recommendation on September 24, 2024. UBS started covering the stock on August 28, 2024. It rated EH as “a Buy”.
Price Performance Review of EH
On Monday, EHang Holdings Ltd ADR [NASDAQ:EH] saw its stock fall -1.96% to $14.54. Over the last five days, the stock has gained 0.69%. EHang Holdings Ltd ADR shares have fallen nearly -7.65% since the year began. Nevertheless, the stocks have fallen -16.00% over the past one year. While a 52-week high of $29.76 was reached on 02/14/25, a 52-week low of $10.40 was recorded on 01/13/25. SMA at 50 days reached $21.24, while 200 days put it at $16.42.
Levels Of Support And Resistance For EH Stock
The 24-hour chart illustrates a support level at 14.03, which if violated will result in even more drops to 13.53. On the upside, there is a resistance level at 15.02. A further resistance level may holdings at 15.51. The Relative Strength Index (RSI) on the 14-day chart is 30.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.35%. Stochastics %K at 9.81% indicates the stock is a buying.
How much short interest is there in EHang Holdings Ltd ADR?
A steep rise in short interest was recorded in EHang Holdings Ltd ADR stocks on 2025-03-31, growing by 0.11 million shares to a total of 5.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 5.09 million shares. There was a rise of 2.05%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 06, 2024 when Morgan Stanley began covering the stock and recommended ‘”an Overweight”‘ rating along with a $27.50 price target.