ELECTRO-SENSORS INC (ELSE) Stock Technical Analysis
NASDAQ:ELSE - Nasdaq - US2852331022 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to ELSE. ELSE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ELSE has a been trading in the 4.04 - 4.85 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, ELSE turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
ELSE is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 46% of 125 stocks in the same industry.
ELSE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELSE is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ELSE also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for ELSE in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.68
5.04
5 important support areas can be observed.
- A support zone ranging from 4.36 to 4.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.15 to 4.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.90 from a horizontal line in the daily time frame.
- Support @3.80 from a horizontal line in the weekly time frame.
- Support @3.72 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.67 to 4.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.98 to 4.99. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for ELSE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELSE is up. |
| ChartMill Relative Strength | 68.99 | NEUTRAL | ELSE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELSE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELSE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELSE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.52 | NEUTRAL | The RSI value for ELSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ELSE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.5 | NEUTRAL | The Stochastics value for ELSE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for ELSE suggests some volalility. |
| Average Directional Index/ADX (14) | 33.5 | POSITIVE | The high ADX value value for ELSE 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)
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 |
|---|---|---|---|
| 4.70 | 4.50 | 0.20 (4.26%) | 23.50% |
| An entry @4.70. This is a Buy Stop order right above the resistance zone. | An exit @4.50. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.20 points, which is 4.26%. | For a 1.00% total portfolio risk, you can invest 23.50% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ELSE. Please evaluate whether better entry and exit points can be found.
- 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.
4.64
+0.12 (+2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.65%
1 Week0.43%
2 Weeks-2.32%
1 Month11%
3 Month12.08%
6 Month-14.07%
12 Month17.47%
2 Year7.66%
3 Year-22.67%
5 Year32.57%
10 Year19.59%
15 Year14%
Volatility
ATR(14)0.18
ATR(20)%4.49%
ATR Inc47.15%
Range Today0.29
ADR(20)0.19
ADR(20)%4.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.99
Mansfield-0.12
10 Day High4.85
10 Day Low4.51
20 Day High4.85
20 Day Low4.04
52 Week High5.5
52 Week Low3.65
CS1 End4.37
CR1 Start4.67
Volume & EV
DER(3)4.1%
DER(5)7.57%
Volume12.10K
Volume Incr-74.26%
Vol(5)7.62K
Vol(50)45.62K