ELF BEAUTY INC (ELF) Stock Technical Analysis
NYSE:ELF - New York Stock Exchange, Inc. - US26856L1035 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to ELF. Both in the recent history as in the last year, ELF has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
ELF is part of the Personal Care Products industry. There are 35 other stocks in this industry. ELF outperforms 88% of them.
In the last month ELF has a been trading in the 113.68 - 130.67 range, which is quite wide. It is currently trading near the high of this range.
ELF has an average volume of 2625040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ELF is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ELF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELF is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ELF also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 126.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 121.00, a Stop Loss order could be placed below this zone.
More info and screens
118.65
132.29
When analyzing the support we can see 2 important areas.
- A support zone ranging from 129.49 to 129.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 119.85 to 119.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ELF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELF is up. |
| ChartMill Relative Strength | 91.46 | POSITIVE | ELF has a high relative strength, it outperformed 91.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.54 | OVERBOUGHT | The high RSI value suggests ELF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.35 | NEGATIVE | The MACD value suggests ELF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.41 | NEUTRAL | The Stochastics value for ELF is a neutral value. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for ELF suggests some volalility. |
| Average Directional Index/ADX (14) | 54.2 | POSITIVE | The high ADX value value for ELF suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 128.55 | 115.19 | 13.36 (10.39%) | 9.62% |
| An entry @128.55. This is a Buy Stop order right above the resistance zone. | An exit @115.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 13.36 points, which is 10.39%. | For a 1.00% total portfolio risk, you can invest 9.62% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
130.98
+1.5 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg1.16%
1 Week3.25%
2 Weeks3.11%
1 Month12.81%
3 Month135.72%
6 Month3.26%
12 Month-35.34%
2 Year10.93%
3 Year286.16%
5 Year624.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.45
ATR(20)%4.13%
ATR Inc-3.07%
Range Today2.48
ADR(20)5.27
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.46
Mansfield0.76
10 Day High130.42
10 Day Low115.2
20 Day High130.67
20 Day Low113.68
52 Week High219.77
52 Week Low49.4
CS1 End121
CR1 Start126.34
Volume & EV
DER(3)-0.1%
DER(5)1.06%
Volume788.66K
Volume Incr-49.5%
Vol(5)1.65M
Vol(50)2.63M