EARLYWORKS CO LTD-ADR (ELWS) Stock Technical Analysis
NASDAQ:ELWS - Nasdaq - US27030F2020 - ADR - Currency: USD
Taking everything into account, ELWS scores 0 out of 10 in our technical rating. ELWS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
90% of all other stocks performed better in the past year than ELWS.
ELWS is part of the Professional Services industry. There are 82 other stocks in this industry, of which 74% are performing better than ELWS.
ELWS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: ELWS has an average volume of 22898 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ELWS has a been trading in the 1.69 - 2.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ELWS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ELWS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.82
3.02
3 important support areas can be observed.
- A support zone ranging from 1.90 to 2.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.87 to 1.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.84 to 1.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.17 to 2.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.87 from a trend line in the weekly time frame.
- Resistance @2.99 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.32
Mansfield-1.88
10 Day High2.2
10 Day Low1.81
20 Day High2.4
20 Day Low1.69
52 Week High8.68
52 Week Low1.04
Performance
1 Week-2.01%
2 Weeks-4.57%
1 Month-9.3%
3 Month-41.27%
6 Month-30.25%
12 Month-38.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)46.06
LBB1.8
UBB2.15
NASDAQ:ELWS (5/2/2025, 3:03:59 PM)
2.01
+0.06 (+3.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg3.08%
1 Week-2.01%
2 Weeks-4.57%
1 Month-9.3%
3 Month-41.27%
6 Month-30.25%
12 Month-38.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%16.04%
ATR Inc-31.65%
Range Today0.14
ADR(20)0.31
ADR(20)%15.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.32
Mansfield-1.88
10 Day High2.2
10 Day Low1.81
20 Day High2.4
20 Day Low1.69
52 Week High8.68
52 Week Low1.04
CS1 End1.93
CR1 Start1.96
Volume & EV
DER(3)12.16%
DER(5)6.43%
Volume11.22K
Volume Incr-37.68%
Vol(5)20.42K
Vol(50)22.90K