Overall ELPW gets a technical rating of 0 out of 10. ELPW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ELPW does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for ELPW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.20
2 important resistance areas can be observed.
- A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.35 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 | 3.16 | NEGATIVE | ELPW has a low relative strength, it was outperformed by 96.84% 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) | 35.64 | NEUTRAL | The RSI value for ELPW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ELPW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 38.7 | NEUTRAL | The Stochastics value for ELPW is a neutral value. |
| Average True Range in percent/ATR (20) | 11.49 | HIGH VOLATILITY | The high ATR as a percentage value for ELPW suggests high volalility. |
| Average Directional Index/ADX (14) | 19.09 | NEGATIVE | The low ADX value for ELPW suggests a weak or negative trend. |
0.2059
-0.01 (-3.79%)
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 35.6429. 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 0.00843527, indicating a bearish trend.
What is the support and resistance level for ELPW stock?
ELONG POWER HOLDING-A (ELPW) has a resistance level at 0.23. Check the full technical report for our detailed analysis of ELPW support and resistance levels.