ELYS GAME TECHNOLOGY CORP (ELYS) Stock Technical Analysis
NASDAQ:ELYS - Nasdaq - US2907341026 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to ELYS. ELYS 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.
ELYS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ELYS has a been trading in the 0.36 - 0.68 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, ELYS outperforms 62% of them, which is more or less in line with the market.
ELYS is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry, ELYS did better than 52% of them.
ELYS has a poor technical rating and the quality of the setup is also not perfect 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
0.38
0.67
When analyzing the support we notice one important area.
- A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @0.54 from a trend line in the weekly time frame.
- Resistance @0.60 from a trend line in the daily time frame.
- Resistance @0.66 from a trend 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 ELYS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELYS is neutral. |
| ChartMill Relative Strength | 62.32 | NEUTRAL | ELYS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELYS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELYS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ELYS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.01 | NEUTRAL | The RSI value for ELYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ELYS has a negative trend. |
| Stochastics (14,3) | 36.29 | NEUTRAL | The Stochastics value for ELYS is a neutral value. |
| Average True Range in percent/ATR (20) | 18.6 | HIGH VOLATILITY | The high ATR as a percentage value for ELYS suggests high volalility. |
| Average Directional Index/ADX (14) | 16.33 | NEGATIVE | The low ADX value for ELYS suggests a weak or negative 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)
0.41
-0.1 (-19.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-19.21%
1 Week-28.2%
2 Weeks-15.98%
1 Month-13.67%
3 Month-28.94%
6 Month-12.77%
12 Month21.16%
2 Year-91.3%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%18.6%
ATR Inc69.03%
Range Today0.14
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
CRS62.32
Mansfield-1.69
10 Day High0.68
10 Day Low0.36
20 Day High0.68
20 Day Low0.36
52 Week High1.47
52 Week Low0.11
CS1 End0.38
CR1 Start0.54
Volume & EV
DER(3)-7.45%
DER(5)-5.69%
Volume706.00K
Volume Incr719.26%
Vol(5)543.62K
Vol(50)113.41K