ELONG POWER HOLDING-A (ELPW) Stock Technical Analysis
NASDAQ:ELPW - Nasdaq - KYG3016G1038 - Common Stock - Currency: USD
Overall ELPW gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ELPW is a bad performer.
When comparing the yearly performance of all stocks, ELPW is a bad performer in the overall market: 100% of all stocks are doing better.
ELPW is one of the lesser performing stocks in the Electrical Equipment industry. 93% of 93 stocks in the same industry do better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ELPW has a been trading in the 1.87 - 4.45 range, which is quite wide. It is currently trading near the high of this range.
ELPW has an average volume of 1305690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ELPW has an excellent technical rating, but the quality of the setup is 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
3.95
4.04
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.00 to 4.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ELPW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELPW is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ELPW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELPW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELPW is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 71.53 | OVERBOUGHT | The high RSI value suggests ELPW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ELPW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.81 | NEUTRAL | The Stochastics value for ELPW is a neutral value. |
| Average True Range in percent/ATR (20) | 10.76 | HIGH VOLATILITY | The high ATR as a percentage value for ELPW suggests high volalility. |
| Average Directional Index/ADX (14) | 41.87 | POSITIVE | The high ADX value value for ELPW suggests a strong trend. |
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)
3.99
+0.17 (+4.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg4.45%
1 Week7.84%
2 Weeks22.77%
1 Month88.21%
3 Month-42.17%
6 Month311.34%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%10.76%
ATR Inc-39.42%
Range Today0.38
ADR(20)0.43
ADR(20)%10.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High4.45
10 Day Low3.11
20 Day High4.45
20 Day Low1.87
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start4
Volume & EV
DER(3)0.77%
DER(5)6.47%
Volume407.50K
Volume Incr-44.39%
Vol(5)805.18K
Vol(50)1.31M