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. Both in the recent history as in the last year, ELPC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ELPC is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by ELPC over the past year are nicely spread over this period.
- ELPC is part of the Electric Utilities industry. There are 47 other stocks in this industry. ELPC outperforms 100% of them.
- ELPC is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ELPC is leading the market.
- In the last month ELPC has a been trading in the 10.60 - 12.51 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ELPC Weekly and Daily overview Charts
ELPC Setup Rating and Analysis
Although ELPC 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
ELPC Support and Resistance Analysis
9.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.83 to 11.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.61 to 10.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.59 to 9.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for ELPC is up. |
| ChartMill Relative Strength | 92.06 | POSITIVE | ELPC has a high relative strength, it outperformed 92.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELPC is above 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) | 63.03 | NEUTRAL | The RSI value for ELPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ELPC has a positive trend. |
| Stochastics (14,3) | 93.95 | OVERBOUGHT | The high Stochastics value suggests ELPC may be overbought. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for ELPC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.93 | NEGATIVE | The low ADX value for ELPC suggests a weak or negative trend. |
ELPC Chart- and CandleStick Pattern Analysis
ELPC Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.52 | 11.12 | 1.39 (11.15%) | 8.97% |
| An entry @12.52. This is a Buy Stop order right above the 10 day high. | An exit @11.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.39 points, which is 11.15%. | For a 1.00% total portfolio risk, you can invest 8.97% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ELPC Technicals: Chart, Performance Metrics, Trend & Indicators
12.38
+0.11 (+0.9%)
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 63.0274. 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 0.0591766, indicating a bearish trend.
What is the buy/sell signal for CIA PARANAENSE DE ENER-ADR (ELPC) stock?
The buy/sell signal for CIA PARANAENSE DE ENER-ADR (ELPC) is buy as both the short term and long term trends are positive.