PMGC HOLDINGS INC (ELAB) Stock Technical Analysis
NASDAQ:ELAB - US73017P2011 - Common Stock
2.37 USD
+0.48 (+25.4%)
2.17 USD
-0.2 (-8.44%)
We assign a technical rating of 2 out of 10 to ELAB. Recently some decent action could be observed, but in the medium term time frame this is still negative. ELAB was also a bad performer in the overall market in the last year.
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.
98% 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. 94% of 35 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 1.81 - 3.68 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 3288720 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. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.85
2.68
We found 1 important support area.
- Support @1.87 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @2.38 from a horizontal line in the weekly time frame.
- Resistance @2.48 from a trend line in the daily time frame.
- Resistance @2.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.64 to 2.65. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for ELAB is neutral. |
| ChartMill Relative Strength | 2.88 | NEGATIVE | ELAB has a low relative strength, it was outperformed by 97.12% 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) | UP | POSITIVE | The current price of ELAB is above the rising 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) | 63.55 | NEUTRAL | The RSI value for ELAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ELAB has a positive trend. |
| Stochastics (14,3) | 31.81 | NEUTRAL | The Stochastics value for ELAB is a neutral value. |
| Average True Range in percent/ATR (20) | 8.67 | HIGH VOLATILITY | The high ATR as a percentage value for ELAB suggests high volalility. |
| Average Directional Index/ADX (14) | 20.23 | NEUTRAL | The ADX value for ELAB suggests a possible start of a new 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)
2.37
+0.48 (+25.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg25.4%
1 Week22.8%
2 Weeks26.06%
1 Month3.95%
3 Month0.85%
6 Month-79.48%
12 Month-99.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%8.67%
ATR Inc653.96%
Range Today1.36
ADR(20)0.18
ADR(20)%7.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.88
Mansfield-9.61
10 Day High3.68
10 Day Low1.82
20 Day High3.68
20 Day Low1.81
52 Week High546
52 Week Low1.81
CS1 End1.87
CR1 Start2.38
Volume & EV
DER(3)0.05%
DER(5)3.4%
Volume158.42M
Volume Incr70255.04%
Vol(5)31.71M
Vol(50)3.29M