ELLOMAY CAPITAL LTD (ELLO) Technical Analysis
NYSEARCA:ELLO • IL0010826357
Current stock price
ELLO Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to ELLO. In the last year, ELLO was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month ELLO has a been trading in the 24.15 - 27.43 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: ELLO has an average volume of 3514 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, ELLO did better than 84% of all other stocks.
- ELLO is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, ELLO did better than 63% 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.
- Volume is considerably higher in the last couple of days.
ELLO Weekly and Daily overview Charts
ELLO Setup Rating and Analysis
Although the technical rating is only medium, ELLO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 24.09, a Stop Loss order could be placed below this zone. 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
ELLO Support and Resistance Analysis
15.92
We found 3 important support areas.
- A support zone ranging from 24.06 to 24.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.41 to 23.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.08 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.88 to 25.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 84.07 | POSITIVE | ELLO has a high relative strength, it outperformed 84.07% off all stocks 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) | 43.06 | NEUTRAL | The RSI value for ELLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ELLO has a negative trend. |
| Stochastics (14,3) | 26.75 | NEUTRAL | The Stochastics value for ELLO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for ELLO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.52 | NEGATIVE | The low ADX value for ELLO suggests a weak or negative trend. |
ELLO Chart- and CandleStick Pattern Analysis
ELLO Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:ELLO (4/10/2026, 8:19:07 PM)
24.45
-0.45 (-1.81%)
ELLOMAY CAPITAL LTD / ELLO TA FAQ
What is the technical rating for ELLO stock?
ChartMill assigns a technical rating of 5 / 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 43.0584. 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 -0.0149631, indicating a bearish trend.