ELIOR Technical Analysis - ELIOR GROUP

Technical Rating and Analysis

Overall ELIOR gets a technical rating of 0 out of 10. ELIOR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.

When comparing the yearly performance of all stocks, ELIOR is a bad performer in the overall market: 94% of all stocks are doing better.

ELIOR is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 78% of 53 stocks in the same industry do better.

ELIOR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month ELIOR has a been trading in the 2.38 - 2.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, ELIOR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.48, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.22

2.79

3 important support areas can be observed.

A support zone ranging from 2.48 to 2.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 2.42 to 2.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 2.24 to 2.25. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 2.69 to 2.76. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 ELIOR.PA is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for ELIOR.PA is neutral.
ChartMill Relative Strength	6.55	NEGATIVE	ELIOR.PA has a low relative strength, it was outperformed by 93.45% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of ELIOR.PA is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of ELIOR.PA is above a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ELIOR.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	43.93	NEUTRAL	The RSI value for ELIOR.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests ELIOR.PA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	45.15	NEUTRAL	The Stochastics value for ELIOR.PA is a neutral value.
Average True Range in percent/ATR (20)	3.32	MEDIUM VOLATILITY	The ATR as a percentage value for ELIOR.PA suggests some volalility.
Average Directional Index/ADX (14)	13.07	NEGATIVE	The low ADX value for ELIOR.PA suggests a weak or negative trend.