NYSE:ELS - US29472R1086 - REIT
Taking everything into account, ELS scores 1 out of 10 in our technical rating. ELS'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.
ELS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 60.37, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ELS in the last couple of days, which is a good sign.
57.84
2 important support areas can be observed.
4 important resistance areas can be observed.
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 ELS is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELS is neutral. |
ChartMill Relative Strength | 15.98 | NEGATIVE | ELS has a low relative strength, it was outperformed by 84.02% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELS is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELS is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELS is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.38 | NEUTRAL | The RSI value for ELS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ELS has a positive trend. |
Stochastics (14,3) | 38.33 | NEUTRAL | The Stochastics value for ELS is a neutral value. |
Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for ELS suggests some volalility. |
Average Directional Index/ADX (14) | 13.63 | NEGATIVE | The low ADX value for ELS suggests a weak or negative trend. |
60.47
+0.11 (+0.18%)