DIREXION DLY LLY BEAR 1X SHR (ELIS) Stock Technical Analysis
USA - NASDAQ:ELIS - US25461A2969 - ETF
22.8744 USD
-0.55 (-2.34%)
22.9 USD
+0.03 (+0.11%)
Overall ELIS gets a technical rating of 1 out of 10. In the last year, ELIS was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, ELIS is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month ELIS has a been trading in the 22.79 - 27.16 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.
Warning: ELIS has an average volume of 6263 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
The technical rating of ELIS 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
22.65
27.33
We can see 2 important resistance areas.
- A resistance zone ranging from 25.34 to 25.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.37 to 27.06. This zone is formed by a combination of multiple trend lines and important moving averages 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 ELIS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELIS is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ELIS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELIS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELIS is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 27.94 | OVERSOLD | The low RSI value suggests ELIS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests ELIS has a negative trend. |
| Stochastics (14,3) | 3.77 | OVERSOLD | The low Stochastics value suggests ELIS may be oversold. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for ELIS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.33 | NEGATIVE | The low ADX value for ELIS 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)
22.8744
-0.55 (-2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.34%
1 Week-14.46%
2 Weeks-11.68%
1 Month-14.7%
3 Month-10.96%
6 Month-20.41%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%2.45%
ATR Inc-1.49%
Range Today0.77
ADR(20)0.37
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High27.16
10 Day Low22.79
20 Day High27.16
20 Day Low22.79
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start25.34
Volume & EV
DER(3)-14.34%
DER(5)-11.15%
Volume3.60K
Volume Incr38.26%
Vol(5)4.32K
Vol(50)6.26K