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. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ESLT is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ESLT is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, ESLT also shows a nice and consistent pattern of rising prices.
- ESLT is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 90% of 78 stocks in the same industry.
- 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 663.10 - 960.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
ESLT Weekly and Daily overview Charts
ESLT Setup Rating and Analysis
ESLT has an excellent technical rating, but the quality of the setup is 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.
More info and screens
ESLT Support and Resistance Analysis
446.34
4 important support areas can be observed.
- A support zone ranging from 865.83 to 871.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @754.89 from a trend line in the daily time frame.
- Support @478.04 from a trend line in the daily time frame.
- A support zone ranging from 450.85 to 454.90. This zone is formed by a combination of multiple trend lines 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 | 97.24 | POSITIVE | ESLT has a high relative strength, it outperformed 97.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESLT is above 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) | 65.83 | NEUTRAL | The RSI value for ESLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.03 | POSITIVE | The MACD value suggests ESLT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.89 | NEUTRAL | The Stochastics value for ESLT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for ESLT suggests some volalility. |
| Average Directional Index/ADX (14) | 43.45 | POSITIVE | The high ADX value value for ESLT suggests a strong trend. |
ESLT Chart- and CandleStick Pattern Analysis
ESLT Technicals: Chart, Performance Metrics, Trend & Indicators
871.105
+5.27 (+0.61%)
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.
What is the RSI signal for ELBIT SYSTEMS LTD (ESLT) stock?
ELBIT SYSTEMS LTD (ESLT) has an RSI value of 65.8296. This indicates that the stock is currently neutral.
What is the MACD signal for ELBIT SYSTEMS LTD (ESLT) stock?
The MACD indicator for ELBIT SYSTEMS LTD (ESLT) has a value of 3.03388, indicating a bullish trend.
What is the buy/sell signal for ELBIT SYSTEMS LTD (ESLT) stock?
The buy/sell signal for ELBIT SYSTEMS LTD (ESLT) is buy as both the short term and long term trends are positive.