CIA PARANAENSE DE ENER-ADR (ELPC) Technical Analysis
NYSE:ELPC • US20441B7047
Current stock price
ELPC Technical Rating and Analysis
Taking everything into account, ELPC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ELPC is showing a nice and steady performance.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, ELPC did better than 90% of all other stocks. On top of that, ELPC also shows a nice and consistent pattern of rising prices.
- ELPC is one of the better performing stocks in the Electric Utilities industry, it outperforms 95% of 47 stocks in the same industry.
- ELPC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ELPC is lagging the market slightly.
- In the last month ELPC has a been trading in the 12.10 - 13.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ELPC Weekly and Daily overview Charts
ELPC Setup Rating and Analysis
Although ELPC has an excellent technical rating, it does not present a decent entry opportunity 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
ELPC Support and Resistance Analysis
8.93
We found 7 important support areas.
- Support @12.46 from a horizontal line in the daily time frame.
- A support zone ranging from 11.95 to 12.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.46 from a trend line in the daily time frame.
- Support @10.61 from a horizontal line in the daily time frame.
- Support @10.17 from a trend line in the weekly time frame.
- Support @9.79 from a trend line in the weekly time frame.
- Support @9.02 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 13.09 to 13.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.60 from a horizontal line in the daily time frame.
ELPC Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for ELPC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELPC is neutral. |
| ChartMill Relative Strength | 90.04 | POSITIVE | ELPC has a high relative strength, it outperformed 90.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ELPC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELPC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELPC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.46 | NEUTRAL | The RSI value for ELPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ELPC has a negative trend. |
| Stochastics (14,3) | 24.49 | NEUTRAL | The Stochastics value for ELPC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for ELPC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.89 | POSITIVE | The high ADX value value for ELPC suggests a strong trend. |
ELPC Chart- and CandleStick Pattern Analysis
ELPC Technicals: Chart, Performance Metrics, Trend & Indicators
12.87
+0.4 (+3.21%)
CIA PARANAENSE DE ENER-ADR / ELPC TA FAQ
Can you provide the ChartMill technical rating for CIA PARANAENSE DE ENER-ADR?
ChartMill assigns a technical rating of 10 / 10 to ELPC.
Can you provide the trend direction for CIA PARANAENSE DE ENER-ADR?
The current trend direction for CIA PARANAENSE DE ENER-ADR (ELPC) is Bullish.
Can you provide the RSI signal for CIA PARANAENSE DE ENER-ADR?
CIA PARANAENSE DE ENER-ADR (ELPC) has an RSI value of 52.4592. This indicates that the stock is currently neutral.
What is the MACD signal for ELPC stock?
The MACD indicator for CIA PARANAENSE DE ENER-ADR (ELPC) has a value of -0.142232, indicating a bearish trend.