Electric Last Mile Solutions Inc (ELMS) Stock Technical Analysis
NASDAQ:ELMS - Nasdaq - US28489L1044 - Common Stock
We assign a technical rating of 0 out of 10 to ELMS. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ELMS is a bad performer in the overall market: 100% of all stocks are doing better.
ELMS is one of the lesser performing stocks in the Automobiles industry. 100% of 37 stocks in the same industry do better.
ELMS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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.
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
0.19
0.19
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. |
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)
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%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-34.97%
1 Week14.11%
2 Weeks-68.19%
1 Month-72.9%
3 Month-85.28%
6 Month-97.23%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%62.97%
ATR Inc-4.87%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.62
10 Day Low0.12
20 Day High0.73
20 Day Low0.12
52 Week High11.8
52 Week Low0.12
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-5.15%
DER(5)-1.45%
Volume15.72M
Volume Incr3105.6%
Vol(5)55.33M
Vol(50)6.44M