10.49 USD
-0.08 (-0.76%)
10.49 USD
0 (0%)
Taking everything into account, ELA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ELA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ELA did better than 94% of all other stocks.
ELA is one of the better performing stocks in the Specialty Retail industry, it outperforms 95% of 122 stocks in the same industry.
ELA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ELA is performing more or less in line with the market.
In the last month ELA has a been trading in the 8.45 - 11.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ELA has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
5.15
10.75
When analyzing the support we can see 6 important areas.
- A support zone ranging from 10.01 to 10.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.64 to 8.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.78 from a trend line in the weekly time frame.
- Support @5.60 from a trend line in the weekly time frame.
- Support @5.29 from a horizontal line in the daily time frame.
- Support @5.20 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.55 to 10.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ELA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELA is up. |
| ChartMill Relative Strength | 94.5 | POSITIVE | ELA has a high relative strength, it outperformed 94.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.26 | NEUTRAL | The RSI value for ELA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ELA has a negative trend. |
| Stochastics (14,3) | 63.38 | NEUTRAL | The Stochastics value for ELA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.69 | HIGH VOLATILITY | The high ATR as a percentage value for ELA suggests high volalility. |
| Average Directional Index/ADX (14) | 43.94 | POSITIVE | The high ADX value value for ELA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
10.49
-0.08 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.76%
1 Week-1.32%
2 Weeks3.15%
1 Month19.34%
3 Month43.9%
6 Month67.84%
12 Month61.38%
2 Year139.5%
3 Year102.9%
5 Year127.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%5.69%
ATR Inc20.89%
Range Today0.53
ADR(20)0.58
ADR(20)%5.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.5
3 months CRS95.8
6 months CRS93.62
Mansfield4.01
10 Day High11.37
10 Day Low9.9
20 Day High11.37
20 Day Low8.45
52 Week High11.37
52 Week Low5.1
CS1 End10.15
CR1 Start10.55
Volume & EV
DER(3)-3.23%
DER(5)-6.69%
Volume49.30K
Volume Incr-40.88%
Vol(5)47.30K
Vol(50)65.44K
ENVELA CORP / ELA FAQ
What is the technical rating for ELA stock?
ChartMill assigns a technical rating of 10 / 10 to ELA.
What is the current trend direction of ENVELA CORP (ELA) stock?
The current trend direction for ENVELA CORP (ELA) is Bullish.
What is the RSI signal for ELA stock?
ENVELA CORP (ELA) has an RSI value of 62.2565. This indicates that the stock is currently neutral.
What is the MACD signal for ENVELA CORP (ELA) stock?
The MACD indicator for ENVELA CORP (ELA) has a value of -0.050308, indicating a bearish trend.
What is the short term momentum for ENVELA CORP (ELA) stock?
The short term momentum for ENVELA CORP (ELA) is positive.