We assign a technical rating of 0 out of 10 to ELAB. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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 36 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 3.03 - 9.59 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
ELAB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for ELAB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.39
We found 1 important resistance area.
- Resistance @6.06 from a trend line in the daily time frame.
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 | 0.26 | NEGATIVE | ELAB has a low relative strength, it was outperformed by 99.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELAB is below a declining 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) | 21.14 | OVERSOLD | The low RSI value suggests ELAB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests ELAB has a positive trend. |
| Stochastics (14,3) | 7.47 | OVERSOLD | The low Stochastics value suggests ELAB may be oversold. |
| Average True Range in percent/ATR (20) | 31.09 | HIGH VOLATILITY | The high ATR as a percentage value for ELAB suggests high volalility. |
| Average Directional Index/ADX (14) | 19.65 | NEGATIVE | The low ADX value for ELAB suggests a weak or negative trend. |
3.42
-0.09 (-2.56%)
PMGC HOLDINGS INC / ELAB FAQ
Can you provide the ChartMill technical rating for PMGC HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 10 to ELAB.
What is the trend direction for ELAB stock?
The current trend direction for PMGC HOLDINGS INC (ELAB) is Bearish.
What is the RSI signal for PMGC HOLDINGS INC (ELAB) stock?
PMGC HOLDINGS INC (ELAB) has an RSI value of 21.1382. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for PMGC HOLDINGS INC?
The buy/sell signal for PMGC HOLDINGS INC (ELAB) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for PMGC HOLDINGS INC (ELAB) stock?
PMGC HOLDINGS INC (ELAB) has a resistance level at 6.06. Check the full technical report for our detailed analysis of ELAB support and resistance levels.