ELLOMAY CAPITAL LTD (ELLO) Stock Technical Analysis
NYSEARCA:ELLO - IL0010826357 - Common Stock
18.58 USD
+0.59 (+3.28%)
We assign a technical rating of 10 out of 10 to ELLO. Both in the recent history as in the last year, ELLO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: ELLO has an average volume of 6722 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ELLO did better than 87% of all other stocks. We also observe that the gains produced by ELLO over the past year are nicely spread over this period.
ELLO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ELLO is lagging the market slightly.
ELLO is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 61% of 19 stocks in the same industry.
In the last month ELLO has a been trading in the 16.09 - 20.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ELLO 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.
More info and screens
13.33
18.77
We found 7 important support areas.
- Support @18.54 from a horizontal line in the daily time frame.
- A support zone ranging from 16.95 to 17.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.60 to 16.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @15.55 from a horizontal line in the daily time frame.
- Support @14.36 from a trend line in the weekly time frame.
- Support @13.85 from a horizontal line in the weekly time frame.
- Support @13.46 from a trend line in the weekly 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 ELLO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELLO is up. |
| ChartMill Relative Strength | 87.79 | POSITIVE | ELLO has a high relative strength, it outperformed 87.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELLO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELLO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELLO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.39 | NEUTRAL | The RSI value for ELLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ELLO has a positive trend. |
| Stochastics (14,3) | 62.76 | NEUTRAL | The Stochastics value for ELLO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for ELLO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.45 | NEGATIVE | The low ADX value for ELLO 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)
NYSEARCA:ELLO (8/29/2025, 8:18:22 PM)
18.58
+0.59 (+3.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg3.28%
1 Week7.4%
2 Weeks4.38%
1 Month2.94%
3 Month27.52%
6 Month15.76%
12 Month41.83%
2 Year27.79%
3 Year-28.62%
5 Year-35.78%
10 Year102.62%
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%4.03%
ATR Inc38.98%
Range Today1.05
ADR(20)0.63
ADR(20)%3.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.79
Mansfield1
10 Day High19.27
10 Day Low16.09
20 Day High20.05
20 Day Low16.09
52 Week High20.81
52 Week Low11.3
CS1 End18.54
CR1 StartN/A
Volume & EV
DER(3)-2.95%
DER(5)-2.8%
Volume1.40K
Volume Incr-61.46%
Vol(5)1.64K
Vol(50)6.72K