Overall ELWT gets a technical rating of 2 out of 10. ELWT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, ELWT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
4.97
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 ELWT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELWT is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ELWT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELWT is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 25.72 | OVERSOLD | The low RSI value suggests ELWT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests ELWT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.97 | OVERSOLD | The low Stochastics value suggests ELWT may be oversold. |
| Average True Range in percent/ATR (20) | 15.01 | HIGH VOLATILITY | The high ATR as a percentage value for ELWT suggests high volalility. |
| Average Directional Index/ADX (14) | 20.13 | NEUTRAL | The ADX value for ELWT suggests a possible start of a new trend. |
NASDAQ:ELWT (12/24/2025, 1:10:08 PM)
5.02
0 (0%)
ELAUWIT CONNECTION INC / ELWT FAQ
What is the ChartMill technical rating of ELAUWIT CONNECTION INC (ELWT) stock?
ChartMill assigns a technical rating of 2 / 10 to ELWT.
Can you provide the trend direction for ELAUWIT CONNECTION INC?
The current trend direction for ELAUWIT CONNECTION INC (ELWT) is Bullish.
What is the RSI signal for ELAUWIT CONNECTION INC (ELWT) stock?
ELAUWIT CONNECTION INC (ELWT) has an RSI value of 25.7158. This indicates that the stock is currently oversold.