EARLYWORKS CO LTD-ADR (ELWS) Technical Analysis
NASDAQ:ELWS • US27030F2020
Current stock price
ELWS Technical Rating and Analysis
Taking everything into account, ELWS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ELWS is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, ELWS did better than 96% of all other stocks. On top of that, ELWS also shows a nice and consistent pattern of rising prices.
- ELWS is one of the better performing stocks in the Professional Services industry, it outperforms 94% of 86 stocks in the same industry.
- 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.
ELWS Weekly and Daily overview Charts
ELWS Setup Rating and Analysis
Although ELWS has an excellent technical rating, it does not present a decent entry opportunity 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
ELWS Support and Resistance Analysis
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.
ELWS Technical Indicator Signal Analysis
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 | 96.63 | POSITIVE | ELWS has a high relative strength, it outperformed 96.63% 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. |
ELWS Chart- and CandleStick Pattern Analysis
ELWS Technicals: Chart, Performance Metrics, Trend & Indicators
7.06
+0.57 (+8.87%)
EARLYWORKS CO LTD-ADR / ELWS TA 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 EARLYWORKS CO LTD-ADR (ELWS) stock?
EARLYWORKS CO LTD-ADR (ELWS) has an RSI value of 64.7166. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EARLYWORKS CO LTD-ADR?
The MACD indicator for EARLYWORKS CO LTD-ADR (ELWS) has a value of 0.0898095, indicating a bearish trend.