COMPANHIA PARANAENSE DE ENER (ELP)

US20441B6056 - ADR

7.55  0 (0%)

After market: 7.55 0 (0%)

Technical Rating and Analysis

4

Overall ELP gets a technical rating of 4 out of 10. In the past year, ELP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, ELP is a bad performer in the overall market: 71% of all stocks are doing better.
ELP is one of the lesser performing stocks in the Electric Utilities industry. 74% of 44 stocks in the same industry do better.
ELP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ELP has a been trading in the 6.52 - 7.59 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ELP Weekly chart
ELP Daily chart
Setup Rating and Analysis

3

ELP has an average technical rating and it also does not offer a high 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

7.99

We found 2 important support areas.

  • A support zone ranging from 7.11 to 7.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • 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 7.56 to 7.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @7.91 from a horizontal line in the daily time frame.
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
CRS29.62
Mansfield-2.15
10 Day High7.6
10 Day Low6.52
20 Day High7.6
20 Day Low6.52
52 Week High10.64
52 Week Low6.52
Performance
1 Week6.49%
2 Weeks9.26%
1 Month10.87%
3 Month4.28%
6 Month-9.58%
12 Month-9.36%
2 Year14.74%
3 Year32.46%
5 Year484.82%
10 Year385.84%
15 Year386.47%
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)0.11
RSI(14)67.45
LBB6.38
UBB7.66
ELP Daily chart

COMPANHIA PARANAENSE DE ENER

NYSE:ELP (7/12/2024, 7:04:00 PM)

After market: 7.55 0 (0%)

7.55

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0%
1 Week6.49%
2 Weeks9.26%
1 Month10.87%
3 Month4.28%
6 Month-9.58%
12 Month-9.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.18
ATR(20)%2.39%
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 High7.6
10 Day Low6.52
20 Day High7.6
20 Day Low6.52
52 Week High10.64
52 Week Low6.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume138.50K
Volume Incr41.38%
Vol(5)264.48K
Vol(50)218.58K