ELLOMAY CAPITAL LTD (ELLO) Stock Technical Analysis
NYSEARCA:ELLO - NYSE Arca - IL0010826357 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ELLO. ELLO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
70% of all other stocks performed better in the past year than ELLO.
ELLO is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, of which 63% are performing better than ELLO.
In the last month ELLO has a been trading in the 13.18 - 17.43 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ELLO has an average volume of 2810 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 neutral. So this is not the most entertaining stock around.
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.
ELLO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 13.71, 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
12.95
18.08
2 important support areas can be observed.
- A support zone ranging from 13.35 to 13.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.08 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 14.68 to 14.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.41 to 15.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 15.80 to 15.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 30.9 | 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 | MIXED | The current price of ELLO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.76 | NEUTRAL | The RSI value for ELLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ELLO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.66 | NEUTRAL | The Stochastics value for ELLO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.09 | HIGH VOLATILITY | The high ATR as a percentage value for ELLO suggests high volalility. |
| Average Directional Index/ADX (14) | 15.08 | NEGATIVE | The low ADX value for ELLO suggests a weak or negative 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 (6/13/2025, 8:04:00 PM)
14.3
-0.17 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.18%
1 Week4.23%
2 Weeks-1.85%
1 Month-9.44%
3 Month-14.37%
6 Month-4.41%
12 Month6%
2 Year-20.56%
3 Year-36.13%
5 Year-32%
10 Year72.5%
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%7.09%
ATR Inc56.55%
Range Today2.22
ADR(20)0.87
ADR(20)%6.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.9
Mansfield-0.4
10 Day High17.43
10 Day Low13.18
20 Day High17.43
20 Day Low13.18
52 Week High20.81
52 Week Low11.08
CS1 End13.71
CR1 Start14.68
Volume & EV
DER(3)12.68%
DER(5)5.57%
Volume5.60K
Volume Incr-36.54%
Vol(5)2.24K
Vol(50)2.81K