OSL:ELABS - Euronext Oslo - NO0010722283 - Common Stock - Currency: NOK
We assign a technical rating of 6 out of 10 to ELABS. ELABS has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
ELABS has an average technical rating and also the quality of the setup is only medium 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.
8.99
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
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 | UP | POSITIVE | The long term trend for ELABS.OL is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELABS.OL is neutral. |
ChartMill Relative Strength | 77.1 | POSITIVE | ELABS.OL has a high relative strength, it outperformed 77.1% 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) | UP | MIXED | The current price of ELABS.OL is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ELABS.OL is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 43.58 | NEUTRAL | The RSI value for ELABS.OL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ELABS.OL has a negative trend. |
Stochastics (14,3) | 25.61 | NEUTRAL | The Stochastics value for ELABS.OL is a neutral value. |
Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for ELABS.OL suggests some volalility. |
Average Directional Index/ADX (14) | 10.36 | NEGATIVE | The low ADX value for ELABS.OL suggests a weak or negative trend. |
OSL:ELABS (7/30/2025, 4:18:01 PM)
12.4
-0.32 (-2.52%)