ELLOMAY CAPITAL LTD (ELLO) Technical Analysis
NYSEARCA:ELLO • IL0010826357
Current stock price
ELLO Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to ELLO. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- Warning: ELLO has an average volume of 4226 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, ELLO did better than 84% 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 part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry. ELLO outperforms 84% of them.
- 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.
- In the last month ELLO has a been trading in the 23.68 - 28.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
ELLO Weekly and Daily overview Charts
ELLO Setup Rating and Analysis
Besides having an excellent technical rating, ELLO also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 25.61, a Stop Loss order could be placed below this zone.
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ELLO Support and Resistance Analysis
16.08
We found 5 important support areas.
- A support zone ranging from 24.95 to 25.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.48 to 24.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @24.09 from a horizontal line in the weekly time frame.
- A support zone ranging from 23.41 to 23.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @16.24 from a trend line in the weekly time frame.
ELLO 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 | UP | POSITIVE | The long term trend for ELLO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELLO is neutral. |
| ChartMill Relative Strength | 84.49 | POSITIVE | ELLO has a high relative strength, it outperformed 84.49% 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) | DOWN | MIXED | The current price of ELLO is above a declining 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) | 57.05 | NEUTRAL | The RSI value for ELLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ELLO has a positive trend. |
| Stochastics (14,3) | 56 | NEUTRAL | The Stochastics value for ELLO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for ELLO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.29 | NEGATIVE | The low ADX value for ELLO suggests a weak or negative trend. |
ELLO Chart- and CandleStick Pattern Analysis
ELLO Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.01 | 24.94 | 3.07 (10.96%) | 9.12% |
| An entry @28.01. This is a Buy Stop order right above the 10 day high. | An exit @24.94. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.07 points, which is 10.96%. | For a 1.00% total portfolio risk, you can invest 9.12% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ELLO Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:ELLO (5/1/2026, 8:23:38 PM)
26.1
+0.47 (+1.83%)
ELLOMAY CAPITAL LTD / ELLO TA FAQ
What is the technical rating for ELLO stock?
ChartMill assigns a technical rating of 8 / 10 to ELLO.
What is the trend direction for ELLO stock?
The current trend direction for ELLOMAY CAPITAL LTD (ELLO) is Bullish.
What is the RSI signal for ELLOMAY CAPITAL LTD (ELLO) stock?
ELLOMAY CAPITAL LTD (ELLO) has an RSI value of 57.0514. This indicates that the stock is currently neutral.
What is the MACD signal for ELLOMAY CAPITAL LTD (ELLO) stock?
The MACD indicator for ELLOMAY CAPITAL LTD (ELLO) has a value of 0.178632, indicating a bearish trend.