ELECTRO-SENSORS INC (ELSE) Stock Technical Analysis
NASDAQ:ELSE • US2852331022
Taking everything into account, ELSE scores 1 out of 10 in our technical rating. ELSE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, ELSE is a bad performer in the overall market: 75% of all stocks are doing better.
- ELSE is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 65% of 124 stocks in the same industry do better.
- In the last month ELSE has a been trading in the 4.22 - 4.69 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- Warning: ELSE has an average volume of 2868 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- 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.
ELSE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 4.38, a Stop Loss order could be placed below this zone. 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
3.71
We found 2 important support areas.
- A support zone ranging from 4.12 to 4.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.75 to 3.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 4.31 to 4.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.47 from a trend line in the daily time frame.
- Resistance @4.70 from a trend line in the weekly time frame.
- Strong resistance @4.87 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.97 to 5.01. 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 | NEUTRAL | NEUTRAL | The long term trend for ELSE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELSE is neutral. |
| ChartMill Relative Strength | 25.16 | NEGATIVE | ELSE has a low relative strength, it was outperformed by 74.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELSE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELSE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ELSE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.5 | NEUTRAL | The RSI value for ELSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ELSE has a positive trend. |
| Stochastics (14,3) | 28.28 | NEUTRAL | The Stochastics value for ELSE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for ELSE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.69 | NEUTRAL | The ADX value for ELSE suggests a possible start of a new trend. |
4.3001
-0.13 (-2.91%)
ELECTRO-SENSORS INC / ELSE FAQ
Can you provide the ChartMill technical rating for ELECTRO-SENSORS INC?
ChartMill assigns a technical rating of 1 / 10 to ELSE.
What is the current trend direction of ELECTRO-SENSORS INC (ELSE) stock?
The current trend direction for ELECTRO-SENSORS INC (ELSE) is Bearish.
Can you provide the RSI signal for ELECTRO-SENSORS INC?
ELECTRO-SENSORS INC (ELSE) has an RSI value of 55.5003. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ELECTRO-SENSORS INC?
The short term momentum for ELECTRO-SENSORS INC (ELSE) is neutral.
Can you provide the support and resistance levels for ELECTRO-SENSORS INC?
ELECTRO-SENSORS INC (ELSE) has a support level at 4.38 and a resistance level at 4.47. Check the full technical report for our detailed analysis of ELSE support and resistance levels.