Overall ELPW gets a technical rating of 0 out of 10. ELPW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ELPW is bad and it also does not present a 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.
More info and screens
2.07
We can see 2 important resistance areas.
- Resistance @2.34 from a trend line in the daily time frame.
- Resistance @2.58 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for ELPW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELPW is down. |
| ChartMill Relative Strength | 1.02 | NEGATIVE | ELPW has a low relative strength, it was outperformed by 98.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELPW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELPW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELPW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.59 | NEUTRAL | The RSI value for ELPW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ELPW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.08 | OVERSOLD | The low Stochastics value suggests ELPW may be oversold. |
| Average True Range in percent/ATR (20) | 14.72 | HIGH VOLATILITY | The high ATR as a percentage value for ELPW suggests high volalility. |
| Average Directional Index/ADX (14) | 29.3 | POSITIVE | The high ADX value value for ELPW suggests a strong trend. |
2.09
+0.19 (+10.16%)
ELONG POWER HOLDING-A / ELPW FAQ
What is the technical rating for ELPW stock?
ChartMill assigns a technical rating of 0 / 10 to ELPW.
What is the current trend direction of ELONG POWER HOLDING-A (ELPW) stock?
The current trend direction for ELONG POWER HOLDING-A (ELPW) is Bearish.
What is the RSI signal for ELPW stock?
ELONG POWER HOLDING-A (ELPW) has an RSI value of 32.5895. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ELONG POWER HOLDING-A?
The MACD indicator for ELONG POWER HOLDING-A (ELPW) has a value of -0.0190942, indicating a bearish trend.
What is the support and resistance level for ELPW stock?
ELONG POWER HOLDING-A (ELPW) has a resistance level at 2.34. Check the full technical report for our detailed analysis of ELPW support and resistance levels.