ELLOMAY CAPITAL LTD (ELLO) Stock Technical Analysis
NYSEARCA:ELLO - NYSE Arca - IL0010826357 - Common Stock - Currency: USD
Taking everything into account, ELLO scores 10 out of 10 in our technical rating. 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.
Warning: ELLO has an average volume of 4418 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!
When comparing the yearly performance of all stocks, we notice that ELLO is one of the better performing stocks in the market, outperforming 88% of all stocks.
In the last month ELLO has a been trading in the 13.18 - 18.76 range, which is quite wide. It is currently trading near the high of this range.
ELLO is part of the Independent Power and Renewable Electricity Producers industry. There are 19 other stocks in this industry, ELLO did better than 55% of them.
ELLO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELLO is lagging the market.
Although ELLO has an excellent technical rating, it does not present a decent entry opportunity 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
13.09
18.04
When analyzing the support we can see 4 important areas.
- Support @17.00 from a horizontal line in the daily time frame.
- A support zone ranging from 15.48 to 15.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.79 to 13.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.22 to 13.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.41 to 17.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.86 from a horizontal 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 | 88.69 | POSITIVE | ELLO has a high relative strength, it outperformed 88.69% 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) | 59.35 | NEUTRAL | The RSI value for ELLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ELLO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.95 | NEUTRAL | The Stochastics value for ELLO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.27 | HIGH VOLATILITY | The high ATR as a percentage value for ELLO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.2 | NEUTRAL | The ADX value for ELLO suggests a possible start of a new 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 (7/11/2025, 8:04:00 PM)
17.29
+0.24 (+1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.41%
1 Week-1.37%
2 Weeks2.44%
1 Month18.91%
3 Month24.84%
6 Month5.46%
12 Month48.92%
2 Year3.53%
3 Year-33.5%
5 Year-35.07%
10 Year92.32%
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%6.27%
ATR Inc-60.37%
Range Today0.21
ADR(20)0.9
ADR(20)%5.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.69
Mansfield0.85
10 Day High18.76
10 Day Low16.31
20 Day High18.76
20 Day Low13.18
52 Week High20.81
52 Week Low11.3
CS1 End17
CR1 Start17.41
Volume & EV
DER(3)-8.06%
DER(5)-0.94%
Volume2.80K
Volume Incr26.11%
Vol(5)5.94K
Vol(50)4.42K