ELBIT SYSTEMS LTD (ESLT) Technical Analysis
NASDAQ:ESLT • IL0010811243
Current stock price
ESLT Technical Rating and Analysis
Taking everything into account, ESLT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ESLT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ESLT is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by ESLT over the past year are nicely spread over this period.
- ESLT is part of the Aerospace & Defense industry. There are 79 other stocks in this industry. ESLT outperforms 88% of them.
- ESLT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ESLT is performing more or less in line with the market.
- In the last month ESLT has a been trading in the 810.00 - 1016.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ESLT Weekly and Daily overview Charts
ESLT Setup Rating and Analysis
Besides having an excellent technical rating, ESLT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 816.76, a Stop Loss order could be placed below this zone.
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ESLT Support and Resistance Analysis
446.34
When analyzing the support we can see 3 important areas.
- A support zone ranging from 814.88 to 816.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @479.48 from a trend line in the daily time frame.
- Support @450.85 from a horizontal line in the daily time frame.
ESLT 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 | UP | POSITIVE | The long term trend for ESLT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESLT is up. |
| ChartMill Relative Strength | 95.24 | POSITIVE | ESLT has a high relative strength, it outperformed 95.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ESLT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESLT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESLT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.21 | NEUTRAL | The RSI value for ESLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -11.79 | NEGATIVE | The MACD value suggests ESLT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.1 | NEUTRAL | The Stochastics value for ESLT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for ESLT suggests high volalility. |
| Average Directional Index/ADX (14) | 32.38 | POSITIVE | The high ADX value value for ESLT suggests a strong trend. |
ESLT Chart- and CandleStick Pattern Analysis
ESLT Example Setup
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 |
|---|---|---|---|
| 944.80 | 814.87 | 129.93 (13.75%) | 7.27% |
| An entry @944.80. This is a Buy Stop order right above the 10 day high. | An exit @814.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 129.93 points, which is 13.75%. | For a 1.00% total portfolio risk, you can invest 7.27% of your capital in this trade. |
- 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.
ESLT Technicals: Chart, Performance Metrics, Trend & Indicators
888.97
-7.56 (-0.84%)
ELBIT SYSTEMS LTD / ESLT TA FAQ
Can you provide the ChartMill technical rating for ELBIT SYSTEMS LTD?
ChartMill assigns a technical rating of 10 / 10 to ESLT.
What is the trend direction for ESLT stock?
The current trend direction for ELBIT SYSTEMS LTD (ESLT) is Bullish.
Can you provide the RSI signal for ELBIT SYSTEMS LTD?
ELBIT SYSTEMS LTD (ESLT) has an RSI value of 54.2149. This indicates that the stock is currently neutral.
What is the short term momentum for ESLT stock?
The short term momentum for ELBIT SYSTEMS LTD (ESLT) is positive.
Can you provide the support and resistance levels for ELBIT SYSTEMS LTD?
ELBIT SYSTEMS LTD (ESLT) has a support level at 816.76. Check the full technical report for our detailed analysis of ESLT support and resistance levels.