ELOPAK ASA (ELO.OL) Stock Technical Analysis
OSL:ELO - Euronext Oslo - NO0011002586 - Common Stock - Currency: NOK
Overall ELO gets a technical rating of 7 out of 10. ELO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
ELO is part of the Containers & Packaging industry. There are 13 other stocks in this industry. ELO outperforms 91% of them.
In the last month ELO has a been trading in the 35.00 - 43.30 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ELO did better than 75% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
ELO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
Although ELO 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.
More info and screens
36.82
46.92
2 important support areas can be observed.
- A support zone ranging from 38.04 to 38.35. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 37.19 to 37.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @42.75 from a horizontal line in the daily time frame.
- A resistance zone ranging from 46.21 to 46.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.94
Mansfield0.46
10 Day High43.3
10 Day Low38.95
20 Day High43.3
20 Day Low35
52 Week High47.9
52 Week Low33.55
Performance
1 Week1.33%
2 Weeks7.13%
1 Month7%
3 Month12.43%
6 Month-6.97%
12 Month11.39%
2 Year72.34%
3 Year151.19%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.44
RSI(14)63.33
LBB36.85
UBB44.22
OSL:ELO (5/6/2025, 4:05:10 PM)
42.05
-0.95 (-2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-2.21%
1 Week1.33%
2 Weeks7.13%
1 Month7%
3 Month12.43%
6 Month-6.97%
12 Month11.39%
2 Year72.34%
3 Year151.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.29
ATR(20)%3.61%
ATR Inc-45.89%
Range Today0.83
ADR(20)1.46
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.94
Mansfield0.46
10 Day High43.3
10 Day Low38.95
20 Day High43.3
20 Day Low35
52 Week High47.9
52 Week Low33.55
CS1 End38.35
CR1 Start42.75
Volume & EV
DER(3)-1.26%
DER(5)-0.94%
Volume8.40K
Volume Incr-41.77%
Vol(5)74.05K
Vol(50)195.03K