We assign a technical rating of 7 out of 10 to ESLA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, ESLA also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.61, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ESLA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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0.82
When analyzing the support we can see 2 important areas.
- Support @1.61 from a trend line in the daily time frame.
- Support @0.83 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.12 to 2.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for ESLA is neutral. |
| ChartMill Relative Strength | 95.82 | POSITIVE | ESLA has a high relative strength, it outperformed 95.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESLA is below a declining 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) | 50.96 | NEUTRAL | The RSI value for ESLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ESLA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.98 | NEUTRAL | The Stochastics value for ESLA is a neutral value. |
| Average True Range in percent/ATR (20) | 16.41 | HIGH VOLATILITY | The high ATR as a percentage value for ESLA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.22 | NEUTRAL | The ADX value for ESLA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 2.13 | 1.60 | 0.53 (24.88%) | 4.02% |
| An entry @2.13. This is a Buy Stop order right above the resistance zone. | An exit @1.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.53 points, which is 24.88%. | When investing 4.02% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
1.99
+0.06 (+3.11%)
ESTRELLA IMMUNOPHARMA INC / ESLA FAQ
What is the ChartMill technical rating of ESTRELLA IMMUNOPHARMA INC (ESLA) stock?
ChartMill assigns a technical rating of 7 / 10 to ESLA.
What is the current trend direction of ESTRELLA IMMUNOPHARMA INC (ESLA) stock?
The current trend direction for ESTRELLA IMMUNOPHARMA INC (ESLA) is Bullish.
What is the RSI signal for ESTRELLA IMMUNOPHARMA INC (ESLA) stock?
ESTRELLA IMMUNOPHARMA INC (ESLA) has an RSI value of 50.9598. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ESTRELLA IMMUNOPHARMA INC?
The short term momentum for ESTRELLA IMMUNOPHARMA INC (ESLA) is neutral.
What is the support and resistance level for ESLA stock?
ESTRELLA IMMUNOPHARMA INC (ESLA) has a support level at 1.61 and a resistance level at 2.12. Check the full technical report for our detailed analysis of ESLA support and resistance levels.