ELF BEAUTY INC (ELF) Stock Technical Analysis
NYSE:ELF - US26856L1035 - Common Stock
113.94 USD
-4.21 (-3.56%)
114.03 USD
+0.09 (+0.08%)
We assign a technical rating of 3 out of 10 to ELF. ELF was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, ELF is a bad performer in the overall market: 85% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ELF has an average volume of 2071560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ELF is an average performer in the Personal Care Products industry, it outperforms 47% of 35 stocks in the same industry.
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.
In the last month ELF has a been trading in the 94.00 - 124.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ELF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 118.19. Right above this resistance zone may be a good entry point.
More info and screens
98.92
135.25
We found 4 important support areas.
- A support zone ranging from 110.98 to 111.26. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @107.71 from a trend line in the daily time frame.
- Support @101.77 from a horizontal line in the weekly time frame.
- Support @99.92 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 118.19 to 118.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 122.57 to 123.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 128.32 to 128.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 130.98 to 130.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @133.91 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 | UP | POSITIVE | The long term trend for ELF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELF is neutral. |
| ChartMill Relative Strength | 15.33 | NEGATIVE | ELF has a low relative strength, it was outperformed by 84.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELF is below a declining 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) | 47.67 | NEUTRAL | The RSI value for ELF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ELF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.93 | NEUTRAL | The Stochastics value for ELF is a neutral value. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for ELF suggests high volalility. |
| Average Directional Index/ADX (14) | 14.56 | NEGATIVE | The low ADX value for ELF suggests a weak or negative 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)
113.94
-4.21 (-3.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg-3.56%
1 Week-7.92%
2 Weeks2.03%
1 Month-5.8%
3 Month1.29%
6 Month62.19%
12 Month-23.93%
2 Year-17.86%
3 Year198.82%
5 Year483.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.83
ATR(20)%5.51%
ATR Inc-39.76%
Range Today3.82
ADR(20)5.18
ADR(20)%4.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.33
Mansfield0.22
10 Day High123.94
10 Day Low112
20 Day High124.31
20 Day Low94
52 Week High147.45
52 Week Low49.4
CS1 End111.26
CR1 Start118.19
Volume & EV
DER(3)-0.09%
DER(5)-0.04%
Volume1.57M
Volume Incr-26.44%
Vol(5)1.74M
Vol(50)2.07M