ELF BEAUTY INC (ELF) Technical Analysis
NYSE:ELF • US26856L1035
Current stock price
ELF Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ELF. ELF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ELF is a bad performer in the overall market: 79% of all stocks are doing better.
- ELF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ELF is lagging the market.
- In the last month ELF has a been trading in the 60.90 - 89.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ELF has an average volume of 2254770 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 69% of 37 stocks in the same industry.
ELF Weekly and Daily overview Charts
ELF Setup Rating and Analysis
The technical rating of ELF is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ELF Support and Resistance Analysis
60.44
We can see 4 important resistance areas.
- A resistance zone ranging from 80.66 to 82.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @94.16 from a horizontal line in the daily time frame.
- Resistance @109.07 from a trend line in the weekly time frame.
- Resistance @140.63 from a horizontal line in the weekly time frame.
ELF 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 ELF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELF is down. |
| ChartMill Relative Strength | 21.32 | NEGATIVE | ELF has a low relative strength, it was outperformed by 78.68% 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) | DOWN | NEGATIVE | The current price of ELF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.22 | NEUTRAL | The RSI value for ELF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.15 | NEGATIVE | The MACD value suggests ELF has a negative trend. |
| Stochastics (14,3) | 5.55 | OVERSOLD | The low Stochastics value suggests ELF may be oversold. |
| Average True Range in percent/ATR (20) | 7.53 | HIGH VOLATILITY | The high ATR as a percentage value for ELF suggests high volalility. |
| Average Directional Index/ADX (14) | 33.55 | POSITIVE | The high ADX value value for ELF suggests a strong trend. |
ELF Chart- and CandleStick Pattern Analysis
ELF Technicals: Chart, Performance Metrics, Trend & Indicators
61.05
-5.83 (-8.72%)
ELF BEAUTY INC / ELF TA FAQ
What is the technical rating for ELF stock?
ChartMill assigns a technical rating of 0 / 10 to ELF.
What is the current trend direction of ELF BEAUTY INC (ELF) stock?
The current trend direction for ELF BEAUTY INC (ELF) is Bearish.
What is the RSI signal for ELF stock?
ELF BEAUTY INC (ELF) has an RSI value of 30.2246. This indicates that the stock is currently neutral.
What is the MACD signal for ELF BEAUTY INC (ELF) stock?
The MACD indicator for ELF BEAUTY INC (ELF) has a value of -1.15215, indicating a bearish trend.
What is the support and resistance level for ELF stock?
ELF BEAUTY INC (ELF) has a resistance level at 80.66. Check the full technical report for our detailed analysis of ELF support and resistance levels.