PMGC HOLDINGS INC (ELAB) Stock Technical Analysis
USA - NASDAQ:ELAB - US73017P2011 - Common Stock
5.7 USD
0 (0%)
6.1 USD
+0.4 (+7.02%)
Overall ELAB gets a technical rating of 0 out of 10. 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.
When comparing the yearly performance of all stocks, ELAB is a bad performer in the overall market: 99% of all stocks are doing better.
ELAB is part of the Personal Care Products industry. There are 36 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. 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 4.29 - 12.88 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, which is not what you would like to see during a strong up movement.
ELAB has an average volume of 3326450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
5.62
9.12
We found 1 important support area.
- A support zone ranging from 5.68 to 5.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 5.71 to 5.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.05 from a trend line in the daily time frame.
- A resistance zone ranging from 7.85 to 7.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.03 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 | 1.59 | NEGATIVE | ELAB has a low relative strength, it was outperformed by 98.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ELAB is above 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) | 48.38 | NEUTRAL | The RSI value for ELAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests ELAB has a positive trend. |
| Stochastics (14,3) | 47.43 | NEUTRAL | The Stochastics value for ELAB is a neutral value. |
| Average True Range in percent/ATR (20) | 15.1 | HIGH VOLATILITY | The high ATR as a percentage value for ELAB suggests high volalility. |
| Average Directional Index/ADX (14) | 22.61 | 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)
5.7
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg0%
1 Week27.8%
2 Weeks17.77%
1 Month-17.75%
3 Month-20.94%
6 Month-66.97%
12 Month-99.58%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%15.1%
ATR Inc-65.32%
Range Today0.13
ADR(20)0.77
ADR(20)%13.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.59
Mansfield-9.31
10 Day High5.89
10 Day Low4.29
20 Day High12.88
20 Day Low4.29
52 Week High901.6
52 Week Low4.29
CS1 End5.69
CR1 Start5.71
Volume & EV
DER(3)3.95%
DER(5)2.68%
Volume24.50K
Volume Incr-99.11%
Vol(5)72.82K
Vol(50)3.33M