NYSE:ELF - New York Stock Exchange, Inc. - US26856L1035 - Common Stock - Currency: USD
Taking everything into account, ELF scores 8 out of 10 in our technical rating. ELF has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although ELF has an excellent technical rating, it does not offer a high quality setup 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.
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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 | 86.6 | POSITIVE | ELF has a high relative strength, it outperformed 86.6% 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) | DOWN | MIXED | The current price of ELF is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 86.53 | OVERBOUGHT | The high RSI value suggests ELF may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.49 | POSITIVE | The MACD value suggests ELF has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 92.79 | OVERBOUGHT | The high Stochastics value suggests ELF may be overbought. |
Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for ELF suggests some volalility. |
Average Directional Index/ADX (14) | 64.02 | POSITIVE | The high ADX value value for ELF suggests a strong trend. |
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+6.56 (+5.56%)