ESTRELLA IMMUNOPHARMA INC (ESLA) Stock Technical Analysis
USA - NASDAQ:ESLA - US2975841048 - Common Stock
1.05 USD
+0.01 (+0.96%)
1.07 USD
+0.02 (+1.9%)
We assign a technical rating of 8 out of 10 to ESLA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ESLA is only an average performer.
Warning: ESLA has an average volume of 18694 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ESLA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, ESLA outperforms 43% of them, which is more or less in line with the market.
ESLA is an average performer in the Biotechnology industry, it outperforms 60% of 541 stocks in the same industry.
ESLA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ESLA is lagging the market.
Besides having an excellent technical rating, ESLA also presents 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 1.06. Right above this resistance zone may be a good entry point.
More info and screens
0.82
1.10
We found 2 important support areas.
- A support zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.83 to 0.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.06 to 1.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.09 from a horizontal 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 | UP | POSITIVE | The long term trend for ESLA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESLA is up. |
| ChartMill Relative Strength | 43.97 | NEUTRAL | ESLA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESLA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESLA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESLA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.42 | NEUTRAL | The RSI value for ESLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ESLA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.95 | NEUTRAL | The Stochastics value for ESLA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.23 | HIGH VOLATILITY | The high ATR as a percentage value for ESLA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.82 | NEUTRAL | The ADX value for ESLA suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.07 | 1.02 | 0.05 (4.67%) | 21.40% |
| An entry @1.07. This is a Buy Stop order right above the resistance zone. | An exit @1.02. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.05 points, which is 4.67%. | For a 1.00% total portfolio risk, you can invest 21.40% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ESLA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.05
+0.01 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.96%
1 Week0%
2 Weeks9.38%
1 Month22.04%
3 Month9.38%
6 Month14.13%
12 Month-3.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%6.23%
ATR Inc-69.61%
Range Today0.02
ADR(20)0.06
ADR(20)%5.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.97
Mansfield-0.63
10 Day High1.1
10 Day Low0.98
20 Day High1.1
20 Day Low0.88
52 Week High1.78
52 Week Low0.63
CS1 End1.04
CR1 Start1.06
Volume & EV
DER(3)-2.43%
DER(5)-6.97%
Volume14.00K
Volume Incr-5.54%
Vol(5)18.87K
Vol(50)18.69K