COMPANHIA PARANAENSE DE ENER (ELP)
US20441B6056 - ADR
We assign a technical rating of 0 out of 10 to ELP. ELP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ELP is a bad performer in the overall market: 70% of all stocks are doing better.
ELP is one of the lesser performing stocks in the Electric Utilities industry. 72% of 45 stocks in the same industry do better.
ELP 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 ELP is lagging the market.
In the last month ELP has a been trading in the 6.91 - 8.14 range, which is quite wide. It is currently trading near the lows of this range.
ELP has a poor technical rating and the quality of the setup is also only medium 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
7.16
8.43
We found 1 important support area.
- Support @7.23 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.55 to 7.55. 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 7.87 to 7.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.21 from a horizontal line in the weekly time frame.
- Resistance @8.35 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.12
Mansfield-1.96
10 Day High7.86
10 Day Low6.91
20 Day High8.14
20 Day Low6.91
52 Week High10.64
52 Week Low6.91
Performance
1 Week0.97%
2 Weeks-5.06%
1 Month-9.08%
3 Month-9.75%
6 Month-10.2%
12 Month-1.08%
2 Year0.69%
3 Year34.38%
5 Year601.54%
10 Year409.41%
15 Year482.94%
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)40.55
LBB6.86
UBB8.01
COMPANHIA PARANAENSE DE ENER
NYSE:ELP (4/19/2024, 7:04:00 PM)
After market: 7.31 0 (0%)7.31
+0.23 (+3.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg3.25%
1 Week0.97%
2 Weeks-5.06%
1 Month-9.08%
3 Month-9.75%
6 Month-10.2%
12 Month-1.08%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%2.71%
ATR Inc
Range Today0.19
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 High7.86
10 Day Low6.91
20 Day High8.14
20 Day Low6.91
52 Week High10.64
52 Week Low6.91
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume550.30K
Volume Incr4.73%
Vol(5)343.58K
Vol(50)327.03K