PMGC HOLDINGS INC (ELAB) Technical Analysis
NASDAQ:ELAB • US73017P5089
Current stock price
ELAB Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ELAB. ELAB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than ELAB.
- ELAB is one of the lesser performing stocks in the Personal Care Products industry. 88% of 37 stocks in the same industry do better.
- ELAB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ELAB has a been trading in the 1.62 - 14.00 range, which is quite wide. It is currently trading near the lows 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 9768520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ELAB Weekly and Daily overview Charts
ELAB Setup Rating and Analysis
ELAB has a poor technical rating and the quality of the setup is also not perfect 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
ELAB Support and Resistance Analysis
4.59
We found 1 important support area.
- Support @4.64 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @5.73 from a horizontal line in the weekly time frame.
ELAB Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for ELAB is down. |
| ChartMill Relative Strength | 0.67 | NEGATIVE | ELAB has a low relative strength, it was outperformed by 99.33% 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) | 47.94 | NEUTRAL | The RSI value for ELAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests ELAB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.65 | NEUTRAL | The Stochastics value for ELAB is a neutral value. |
| Average True Range in percent/ATR (20) | 37.87 | HIGH VOLATILITY | The high ATR as a percentage value for ELAB suggests high volalility. |
| Average Directional Index/ADX (14) | 29.94 | POSITIVE | The high ADX value value for ELAB suggests a strong trend. |
ELAB Chart- and CandleStick Pattern Analysis
ELAB Technicals: Chart, Performance Metrics, Trend & Indicators
5.08
+0.29 (+6.05%)
PMGC HOLDINGS INC / ELAB TA FAQ
Can you provide the ChartMill technical rating for PMGC HOLDINGS INC?
ChartMill assigns a technical rating of 1 / 10 to ELAB.
What is the trend direction for ELAB stock?
The current trend direction for PMGC HOLDINGS INC (ELAB) is Bearish.
Can you provide the RSI signal for PMGC HOLDINGS INC?
PMGC HOLDINGS INC (ELAB) has an RSI value of 47.9372. This indicates that the stock is currently neutral.
What is the short term momentum for PMGC HOLDINGS INC (ELAB) stock?
The short term momentum for PMGC HOLDINGS INC (ELAB) is negative.
What is the buy/sell signal for PMGC HOLDINGS INC (ELAB) stock?
The buy/sell signal for PMGC HOLDINGS INC (ELAB) is sell as both the short term and long term trends are negative.