ELLIPTIC LABORATORIES ASA (ELABS.OL) Technical Analysis
OSL:ELABS • NO0010722283
Current stock price
ELABS.OL Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ELABS. ELABS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than ELABS.
- ELABS is one of the lesser performing stocks in the Software industry. 75% of 110 stocks in the same industry do better.
- ELABS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ELABS is lagging the market.
- In the last month ELABS has a been trading in the 2.54 - 3.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ELABS.OL Weekly and Daily overview Charts
ELABS.OL Setup Rating and Analysis
ELABS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for ELABS 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
ELABS.OL Support and Resistance Analysis
2.77
3 important resistance areas can be observed.
- A resistance zone ranging from 2.95 to 2.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.21 from a trend line in the daily time frame.
- Resistance @3.79 from a trend line in the daily time frame.
ELABS.OL 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 ELABS.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELABS.OL is down. |
| ChartMill Relative Strength | 1.19 | NEGATIVE | ELABS.OL has a low relative strength, it was outperformed by 98.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELABS.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELABS.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELABS.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.47 | NEUTRAL | The RSI value for ELABS.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ELABS.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.5 | NEUTRAL | The Stochastics value for ELABS.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.97 | HIGH VOLATILITY | The high ATR as a percentage value for ELABS.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 27.5 | POSITIVE | The high ADX value value for ELABS.OL suggests a strong trend. |
ELABS.OL Chart- and CandleStick Pattern Analysis
ELABS.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:ELABS (4/7/2026, 1:51:50 PM)
2.8
-0.15 (-4.92%)
ELLIPTIC LABORATORIES ASA / ELABS.OL TA FAQ
Can you provide the ChartMill technical rating for ELLIPTIC LABORATORIES ASA?
ChartMill assigns a technical rating of 0 / 10 to ELABS.OL.
Can you provide the trend direction for ELLIPTIC LABORATORIES ASA?
The current trend direction for ELLIPTIC LABORATORIES ASA (ELABS.OL) is Bearish.
What is the RSI signal for ELLIPTIC LABORATORIES ASA (ELABS.OL) stock?
ELLIPTIC LABORATORIES ASA (ELABS.OL) has an RSI value of 34.4671. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ELLIPTIC LABORATORIES ASA?
The short term momentum for ELLIPTIC LABORATORIES ASA (ELABS.OL) is negative.
Can you provide the buy/sell signal for ELLIPTIC LABORATORIES ASA?
The buy/sell signal for ELLIPTIC LABORATORIES ASA (ELABS.OL) is sell as both the short term and long term trends are negative.