ELLOMAY CAPITAL LTD (ELLO) Stock Technical Analysis
NYSEARCA:ELLO - NYSE Arca - IL0010826357 - Common Stock - Currency: USD
Overall ELLO gets a technical rating of 2 out of 10. ELLO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month ELLO has a been trading in the 13.80 - 18.30 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: ELLO has an average volume of 3998 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 neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, ELLO turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
ELLO is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 42% of 20 stocks in the same industry.
ELLO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ELLO is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ELLO does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for ELLO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
12.85
18.08
When analyzing the support we can see 4 important areas.
- Support @14.30 from a trend line in the weekly time frame.
- A support zone ranging from 13.84 to 13.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.35 to 13.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @12.98 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 15.14 to 15.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.75 from a horizontal line in the daily time frame.
- Resistance @17.90 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 | NEUTRAL | NEUTRAL | The long term trend for ELLO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELLO is neutral. |
| ChartMill Relative Strength | 41.63 | NEUTRAL | ELLO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELLO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELLO is below 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) | 44.55 | NEUTRAL | The RSI value for ELLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ELLO has a negative trend. |
| Stochastics (14,3) | 27.24 | NEUTRAL | The Stochastics value for ELLO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.02 | HIGH VOLATILITY | The high ATR as a percentage value for ELLO suggests high volalility. |
| Average Directional Index/ADX (14) | 28.32 | POSITIVE | The high ADX value value for ELLO suggests a strong 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 (5/22/2025, 8:04:00 PM)
14.7
-0.3 (-2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-2%
1 Week-6.9%
2 Weeks-3.54%
1 Month-3.61%
3 Month-5.77%
6 Month-8.24%
12 Month-0.68%
2 Year-12.5%
3 Year-39.43%
5 Year-26.13%
10 Year72.74%
15 YearN/A
Volatility
ATR(14)1.23
ATR(20)%8.02%
ATR Inc7.37%
Range Today0.5
ADR(20)1.05
ADR(20)%7.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.63
Mansfield0.04
10 Day High17.4
10 Day Low13.8
20 Day High18.3
20 Day Low13.8
52 Week High20.81
52 Week Low11.08
CS1 End14.3
CR1 Start15.14
Volume & EV
DER(3)9.14%
DER(5)13.48%
Volume700
Volume Incr-69.53%
Vol(5)1.26K
Vol(50)4.00K