PMGC HOLDINGS INC (ELAB) Stock Technical Analysis
USA - NASDAQ:ELAB - US73017P2011 - Common Stock
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.
Although the technical rating is bad, ELAB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.92, a Stop Loss order could be placed below this zone.
More info and screens
5.37
We found 3 important support areas.
- A support zone ranging from 5.83 to 5.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.65 from a trend line in the daily time frame.
- Support @5.42 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 6.17 to 6.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.81 from a trend line in the daily time frame.
- Resistance @9.03 from a horizontal line in the daily time frame.
- Resistance @9.24 from a horizontal 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 | 2.32 | NEGATIVE | ELAB has a low relative strength, it was outperformed by 97.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ELAB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ELAB is above 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) | 47.68 | NEUTRAL | The RSI value for ELAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ELAB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.25 | OVERSOLD | The low Stochastics value suggests ELAB may be oversold. |
| Average True Range in percent/ATR (20) | 16.87 | HIGH VOLATILITY | The high ATR as a percentage value for ELAB suggests high volalility. |
| Average Directional Index/ADX (14) | 30.31 | POSITIVE | The high ADX value value for ELAB suggests a strong trend. |
5.925
-0.11 (-1.74%)
PMGC HOLDINGS INC / ELAB FAQ
Can you provide the ChartMill technical rating for PMGC HOLDINGS INC?
ChartMill assigns a technical rating of 1 / 10 to ELAB.
Can you provide the trend direction for PMGC HOLDINGS INC?
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 47.6752. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PMGC HOLDINGS INC?
The MACD indicator for PMGC HOLDINGS INC (ELAB) has a value of -0.107887, indicating a bearish trend.
What is the buy/sell signal for ELAB stock?
The buy/sell signal for PMGC HOLDINGS INC (ELAB) is sell as both the short term and long term trends are negative.