COMPANHIA PARANAENSE DE ENER (ELP)

US20441B6056 - ADR

6.93  -0.08 (-1.14%)

Technical Rating and Analysis

0

Taking everything into account, ELP scores 0 out of 10 in our technical rating. ELP'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, ELP is a bad performer in the overall market: 82% of all stocks are doing better.
ELP is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 86% are performing better than ELP.
ELP 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 ELP has a been trading in the 6.81 - 7.61 range, which is quite wide. It is currently trading near the lows of this range.
Weekly and Daily overview Charts
ELP Weekly chart
ELP Daily chart
Setup Rating and Analysis

3

The technical rating of ELP 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.

Support and Resistance Analysis

6.53

8.12

We found 2 important support areas.

  • Support @6.81 from a trend line in the weekly time frame.
  • A support zone ranging from 6.60 to 6.68. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 7.51 to 7.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 7.83 to 8.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.41
Mansfield-2.16
10 Day High7.35
10 Day Low6.81
20 Day High7.61
20 Day Low6.81
52 Week High10.64
52 Week Low6.52
Performance
1 Week-3.04%
2 Weeks-4.37%
1 Month-5.4%
3 Month-1.68%
6 Month-1.82%
12 Month-15.13%
2 Year-0.85%
3 Year37.18%
5 Year408.34%
10 Year397.16%
15 Year298.3%
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)-0.03
RSI(14)40.41
LBB6.85
UBB7.47
ELP Daily chart

COMPANHIA PARANAENSE DE ENER

NYSE:ELP (10/22/2024, 1:26:33 PM)

6.93

-0.08 (-1.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-1.14%
1 Week-3.04%
2 Weeks-4.37%
1 Month-5.4%
3 Month-1.68%
6 Month-1.82%
12 Month-15.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%2.12%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.35
10 Day Low6.81
20 Day High7.61
20 Day Low6.81
52 Week High10.64
52 Week Low6.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume141.02K
Volume Incr-5.35%
Vol(5)351.60K
Vol(50)261.52K