Electric Last Mile Solutions Inc (ELMS) Technical Analysis
NASDAQ:ELMS • US28489L1044
Current stock price
ELMS Technical Rating and Analysis
Taking everything into account, ELMS scores 0 out of 10 in our technical rating. ELMS'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than ELMS.
- ELMS is part of the Automobiles industry. There are 35 other stocks in this industry, of which 88% are performing better than ELMS.
- ELMS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ELMS is lagging the market.
- In the last month ELMS has a been trading in the 0.12 - 0.72 range, which is quite wide. It is currently trading near the lows of this range.
- ELMS has an average volume of 6439210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
ELMS Weekly and Daily overview Charts
ELMS Setup Rating and Analysis
The technical rating of ELMS is bad and it also does not present a quality setup 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.
More info and screens
ELMS Support and Resistance Analysis
ELMS 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 | DOWN | NEGATIVE | The long term trend for ELMS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELMS is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ELMS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELMS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELMS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELMS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.43 | NEUTRAL | The RSI value for ELMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ELMS has a negative trend. |
| Stochastics (14,3) | 28.52 | NEUTRAL | The Stochastics value for ELMS is a neutral value. |
| Average True Range in percent/ATR (20) | 62.97 | HIGH VOLATILITY | The high ATR as a percentage value for ELMS suggests high volalility. |
ELMS Chart- and CandleStick Pattern Analysis
ELMS Technicals: Chart, Performance Metrics, Trend & Indicators
Electric Last Mile Solutions Inc
NASDAQ:ELMS (6/22/2022, 8:19:53 PM)
After market: 0.1773 -0.01 (-5.89%)0.1884
-0.1 (-34.97%)
Electric Last Mile Solutions Inc / ELMS TA FAQ
Can you provide the ChartMill technical rating for Electric Last Mile Solutions Inc?
ChartMill assigns a technical rating of 0 / 10 to ELMS.
What is the current trend direction of Electric Last Mile Solutions Inc (ELMS) stock?
The current trend direction for Electric Last Mile Solutions Inc (ELMS) is Bearish.
Can you provide the RSI signal for Electric Last Mile Solutions Inc?
Electric Last Mile Solutions Inc (ELMS) has an RSI value of 31.4348. This indicates that the stock is currently neutral.
What is the buy/sell signal for Electric Last Mile Solutions Inc (ELMS) stock?
The buy/sell signal for Electric Last Mile Solutions Inc (ELMS) is sell as both the short term and long term trends are negative.