CALLAWAY GOLF COMPANY (ELY) Technical Analysis
NYSE:ELY • US1311931042
Current stock price
21.33 USD
-0.62 (-2.82%)
At close:
21.33 USD
0 (0%)
After Hours:
ELY Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ELY. ELY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ELY is a bad performer in the overall market: 65% of all stocks are doing better.
- ELY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ELY is lagging the market.
- In the last month ELY has a been trading in the 21.21 - 25.29 range, which is quite wide. It is currently trading near the lows of this range.
- ELY is one of the better performing stocks in the Leisure Products industry, it outperforms 70% of 32 stocks in the same industry.
- ELY has an average volume of 1576360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ELY Weekly and Daily overview Charts
ELY Setup Rating and Analysis
The technical rating of ELY is bad and it also does not present a 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
ELY Support and Resistance Analysis
19.96
25.60
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.08 to 21.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.16 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- Resistance @21.83 from a horizontal line in the daily time frame.
- A resistance zone ranging from 22.27 to 22.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.24 to 23.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.30 to 24.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.35 from a horizontal line in the daily time frame.
ELY 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 | DOWN | NEGATIVE | The long term trend for ELY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELY is down. |
| ChartMill Relative Strength | 35.02 | NEUTRAL | ELY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ELY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.19 | NEUTRAL | The RSI value for ELY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests ELY has a negative trend. |
| Stochastics (14,3) | 9.55 | OVERSOLD | The low Stochastics value suggests ELY may be oversold. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for ELY suggests some volalility. |
| Average Directional Index/ADX (14) | 15.69 | NEGATIVE | The low ADX value for ELY suggests a weak or negative trend. |
ELY Chart- and CandleStick Pattern Analysis
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)
ELY Technicals: Chart, Performance Metrics, Trend & Indicators
21.33
-0.62 (-2.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-2.82%
1 Week-5.37%
2 Weeks-7.78%
1 Month-6.04%
3 Month-2.38%
6 Month-5.58%
12 Month-24.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%3.7%
ATR Inc30.25%
Range Today0.88
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.02
3 months CRSN/A
6 months CRSN/A
Mansfield-0.3
10 Day High23.71
10 Day Low21.21
20 Day High25.29
20 Day Low21.21
52 Week High31.68
52 Week Low17.78
CS1 End21.32
CR1 Start21.83
Volume & EV
DER(3)1.67%
DER(5)1.06%
Volume2.10M
Volume Incr-5.04%
Vol(5)1.60M
Vol(50)1.58M
CALLAWAY GOLF COMPANY / ELY TA FAQ
What is the ChartMill technical rating of CALLAWAY GOLF COMPANY (ELY) stock?
ChartMill assigns a technical rating of 1 / 10 to ELY.
Can you provide the trend direction for CALLAWAY GOLF COMPANY?
The current trend direction for CALLAWAY GOLF COMPANY (ELY) is Bearish.
What is the RSI signal for CALLAWAY GOLF COMPANY (ELY) stock?
CALLAWAY GOLF COMPANY (ELY) has an RSI value of 36.1923. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CALLAWAY GOLF COMPANY?
The short term momentum for CALLAWAY GOLF COMPANY (ELY) is negative.
What is the buy/sell signal for ELY stock?
The buy/sell signal for CALLAWAY GOLF COMPANY (ELY) is sell as both the short term and long term trends are negative.