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ELYS GAME TECHNOLOGY CORP (ELYS) Stock Technical Analysis

USA - NASDAQ:ELYS - US2907341026 - Common Stock

0.41 USD
-0.1 (-19.21%)
Last: 10/16/2023, 8:24:30 PM
0.1396 USD
-0.27 (-65.95%)
After Hours: 10/16/2023, 8:24:30 PM
Technical Rating and Analysis

3

Overall ELYS gets a technical rating of 3 out of 10. 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.
ELYS is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 73% of 134 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, ELYS turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.

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Weekly and Daily overview Charts
ELYS GAME TECHNOLOGY CORP / ELYS Weekly stock chart
ELYS GAME TECHNOLOGY CORP / ELYS Daily stock chart
Setup Rating and Analysis

4

ELYS has a poor technical rating and the quality of the setup is also only medium 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.

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Support and Resistance Analysis

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.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for ELYS is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ELYS is neutral.
ChartMill Relative Strength62.32NEUTRALELYS is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ELYS is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ELYS is below a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of ELYS is below the rising SMA(200).
Relative Strength Index/RSI (14)42.01NEUTRALThe RSI value for ELYS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests ELYS has a negative trend.
Stochastics (14,3)36.29NEUTRALThe Stochastics value for ELYS is a neutral value.
Average True Range in percent/ATR (20)18.6HIGH VOLATILITYThe high ATR as a percentage value for ELYS suggests high volalility.
Average Directional Index/ADX (14)16.33NEGATIVEThe low ADX value for ELYS suggests a weak or negative trend.
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)

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ELYS GAME TECHNOLOGY CORP / ELYS Daily stock chart

ELYS GAME TECHNOLOGY CORP

NASDAQ:ELYS (10/16/2023, 8:24:30 PM)

After market: 0.1396 -0.27 (-65.95%)

0.41

-0.1 (-19.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
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
3 months CRSN/A
6 months CRSN/A
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

ELYS GAME TECHNOLOGY CORP / ELYS FAQ

Can you provide the ChartMill technical rating for ELYS GAME TECHNOLOGY CORP?

ChartMill assigns a technical rating of 3 / 10 to ELYS.


Can you provide the trend direction for ELYS GAME TECHNOLOGY CORP?

The current trend direction for ELYS GAME TECHNOLOGY CORP (ELYS) is Bearish.


Can you provide the RSI signal for ELYS GAME TECHNOLOGY CORP?

ELYS GAME TECHNOLOGY CORP (ELYS) has an RSI value of 42.0132. This indicates that the stock is currently neutral.


Can you provide the short term momentum for ELYS GAME TECHNOLOGY CORP?

The short term momentum for ELYS GAME TECHNOLOGY CORP (ELYS) is neutral.


What are the support and resistance levels for ELYS GAME TECHNOLOGY CORP (ELYS) stock?

ELYS GAME TECHNOLOGY CORP (ELYS) has a support level at 0.38 and a resistance level at 0.54. Check the full technical report for our detailed analysis of ELYS support and resistance levels.