ELLOMAY CAPITAL LTD (ELLO) Technical Analysis
NYSEARCA:ELLO • IL0010826357
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.
- 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 3612 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ELLO did better than 89% 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 one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 78% of 20 stocks in the same industry.
- 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 23.41 - 30.34 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, the quality of the presented setup is not ideal 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.
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15.71
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.85 to 24.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.06 to 23.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @22.62 from a trend line in the weekly time frame.
- Support @15.87 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 | 89.9 | POSITIVE | ELLO has a high relative strength, it outperformed 89.9% 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) | 53.91 | NEUTRAL | The RSI value for ELLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests ELLO has a positive trend. |
| Stochastics (14,3) | 57.45 | NEUTRAL | The Stochastics value for ELLO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.39 | HIGH VOLATILITY | The high ATR as a percentage value for ELLO suggests high volalility. |
| Average Directional Index/ADX (14) | 18.35 | NEGATIVE | The low ADX value for ELLO suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 28.29 | 23.84 | 4.45 (15.73%) | 6.36% |
| An entry @28.29. This is a Buy Stop order right above the 10 day high. | An exit @23.84. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.45 points, which is 15.73%. | When investing 6.36% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (3/11/2026, 8:04:00 PM)
26.79
+0.49 (+1.86%)
ELLOMAY CAPITAL LTD / ELLO FAQ
What is the technical rating for ELLO stock?
ChartMill assigns a technical rating of 10 / 10 to ELLO.
What is the trend direction for ELLO stock?
The current trend direction for ELLOMAY CAPITAL LTD (ELLO) is Bullish.
Can you provide the RSI signal for ELLOMAY CAPITAL LTD?
ELLOMAY CAPITAL LTD (ELLO) has an RSI value of 53.9069. This indicates that the stock is currently neutral.
What is the buy/sell signal for ELLOMAY CAPITAL LTD (ELLO) stock?
The buy/sell signal for ELLOMAY CAPITAL LTD (ELLO) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ELLOMAY CAPITAL LTD?
ELLOMAY CAPITAL LTD (ELLO) has a support level at 24.09. Check the full technical report for our detailed analysis of ELLO support and resistance levels.