We assign a technical rating of 10 out of 10 to ELWS. Both in the recent history as in the last year, ELWS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that ELWS is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, ELWS also shows a nice and consistent pattern of rising prices.
- ELWS is part of the Professional Services industry. There are 88 other stocks in this industry. ELWS outperforms 96% of them.
- In the last month ELWS has a been trading in the 4.68 - 7.36 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- ELWS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELWS is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ELWS has an excellent technical rating, it does not offer a high 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
5.26
2 important support areas can be observed.
- Support @5.85 from a trend line in the daily time frame.
- A support zone ranging from 5.31 to 5.39. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ELWS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELWS is neutral. |
| ChartMill Relative Strength | 96.77 | POSITIVE | ELWS has a high relative strength, it outperformed 96.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELWS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELWS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELWS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.72 | NEUTRAL | The RSI value for ELWS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ELWS has a positive trend. |
| Stochastics (14,3) | 74.87 | NEUTRAL | The Stochastics value for ELWS is a neutral value. |
| Average True Range in percent/ATR (20) | 10.67 | HIGH VOLATILITY | The high ATR as a percentage value for ELWS suggests high volalility. |
| Average Directional Index/ADX (14) | 29.19 | POSITIVE | The high ADX value value for ELWS suggests a strong trend. |
7.06
+0.57 (+8.87%)
EARLYWORKS CO LTD-ADR / ELWS FAQ
What is the technical rating for ELWS stock?
ChartMill assigns a technical rating of 10 / 10 to ELWS.
What is the current trend direction of EARLYWORKS CO LTD-ADR (ELWS) stock?
The current trend direction for EARLYWORKS CO LTD-ADR (ELWS) is Bullish.
What is the RSI signal for ELWS stock?
EARLYWORKS CO LTD-ADR (ELWS) has an RSI value of 64.7166. This indicates that the stock is currently neutral.
What is the short term momentum for ELWS stock?
The short term momentum for EARLYWORKS CO LTD-ADR (ELWS) is neutral.
Can you provide the support and resistance levels for EARLYWORKS CO LTD-ADR?
EARLYWORKS CO LTD-ADR (ELWS) has a support level at 5.85. Check the full technical report for our detailed analysis of ELWS support and resistance levels.