PMGC HOLDINGS INC (ELAB) Stock Technical Analysis
NASDAQ:ELAB - Nasdaq - US73017P2011 - Common Stock - Currency: USD
Taking everything into account, ELAB scores 1 out of 10 in our technical rating. ELAB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
99% of all other stocks performed better in the past year than ELAB.
ELAB is part of the Personal Care Products industry. There are 35 other stocks in this industry, of which 91% are performing better than ELAB.
ELAB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ELAB is lagging the market.
In the last month ELAB has a been trading in the 1.95 - 3.12 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ELAB has an average volume of 1168970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ELAB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.61
2.67
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 | DOWN | NEGATIVE | The long term trend for ELAB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELAB is neutral. |
| ChartMill Relative Strength | 1.25 | NEGATIVE | ELAB has a low relative strength, it was outperformed by 98.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELAB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELAB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.74 | NEUTRAL | The RSI value for ELAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ELAB has a positive trend. |
| Stochastics (14,3) | 38.77 | NEUTRAL | The Stochastics value for ELAB is a neutral value. |
| Average True Range in percent/ATR (20) | 8.06 | HIGH VOLATILITY | The high ATR as a percentage value for ELAB suggests high volalility. |
| Average Directional Index/ADX (14) | 11.51 | NEGATIVE | The low ADX value for ELAB suggests a weak or negative 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)
2.64
+0.47 (+21.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg21.66%
1 Week20%
2 Weeks12.34%
1 Month10.92%
3 Month-36.84%
6 Month-83.53%
12 Month-99.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%8.06%
ATR Inc173.01%
Range Today0.83
ADR(20)0.21
ADR(20)%7.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.25
Mansfield-9.86
10 Day High3.12
10 Day Low1.95
20 Day High3.12
20 Day Low1.95
52 Week High881.86
52 Week Low1.95
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)7.86%
DER(5)12.53%
Volume27.65M
Volume Incr5948.45%
Vol(5)5.56M
Vol(50)1.17M