EARLYWORKS CO LTD-ADR (ELWS) Stock Technical Analysis
NASDAQ:ELWS - US27030F2020 - ADR
2.485 USD
-0.06 (-2.17%)
Overall ELWS gets a technical rating of 2 out of 10. ELWS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
ELWS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ELWS has a been trading in the 2.43 - 10.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ELWS is one of the better performing stocks in the Professional Services industry, it outperforms 80% of 81 stocks in the same industry.
ELWS has an average volume of 1454880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, ELWS turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
Considerably lower volume is observed in the last couple of days.
ELWS has a poor technical rating and the quality of the setup is also only medium 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
1.82
2.51
3 important support areas can be observed.
- Support @1.99 from a trend line in the weekly time frame.
- Support @1.91 from a trend line in the weekly time frame.
- Support @1.84 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for ELWS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELWS is down. |
| ChartMill Relative Strength | 65.44 | NEUTRAL | ELWS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELWS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ELWS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELWS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.26 | NEUTRAL | The RSI value for ELWS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ELWS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.55 | OVERSOLD | The low Stochastics value suggests ELWS may be oversold. |
| Average True Range in percent/ATR (20) | 41.82 | HIGH VOLATILITY | The high ATR as a percentage value for ELWS suggests high volalility. |
| Average Directional Index/ADX (14) | 20.14 | NEUTRAL | The ADX value for ELWS suggests a possible start of a new 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)
NASDAQ:ELWS (8/29/2025, 8:18:24 PM)
2.485
-0.06 (-2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-2.17%
1 Week-15.33%
2 Weeks-14.01%
1 Month-54.49%
3 Month28.76%
6 Month13.99%
12 Month-8.97%
2 Year-65.49%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%41.82%
ATR Inc-36.72%
Range Today0.14
ADR(20)1.01
ADR(20)%40.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.44
Mansfield-1
10 Day High3.16
10 Day Low2.43
20 Day High10.5
20 Day Low2.43
52 Week High10.5
52 Week Low1.64
CS1 End1.99
CR1 StartN/A
Volume & EV
DER(3)-16.31%
DER(5)-12.58%
Volume23.20K
Volume Incr-55.07%
Vol(5)174.96K
Vol(50)1.45M