ENVELA CORP (ELA) Stock Technical Analysis
NYSEARCA:ELA - NYSE Arca - US29402E1029 - Common Stock - Currency: USD
Overall ELA gets a technical rating of 6 out of 10. Although ELA has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Warning: ELA has an average volume of 19055 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that ELA is one of the better performing stocks in the market, outperforming 92% of all stocks.
ELA is part of the Specialty Retail industry. There are 121 other stocks in this industry. ELA outperforms 91% of them.
In the last month ELA has a been trading in the 5.68 - 6.84 range, which is quite wide. It is currently trading near the high of this range.
ELA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ELA has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
5.18
7.51
When analyzing the support we can see 6 important areas.
- A support zone ranging from 6.32 to 6.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.04 to 6.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.90 from a horizontal line in the daily time frame.
- Support @5.53 from a trend line in the weekly time frame.
- Support @5.44 from a trend line in the daily time frame.
- Support @5.23 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @6.76 from a horizontal line in the daily time frame.
- Resistance @7.31 from a trend line in the weekly time frame.
- Resistance @7.44 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.04
Mansfield1.81
10 Day High6.8
10 Day Low5.7
20 Day High6.84
20 Day Low5.68
52 Week High7.88
52 Week Low4.2
Performance
1 Week12.35%
2 Weeks5.73%
1 Month2%
3 Month-4.46%
6 Month27.2%
12 Month48.55%
2 Year5.23%
3 Year22.28%
5 Year81.92%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)59.08
LBB5.79
UBB6.78
NYSEARCA:ELA (4/28/2025, 8:04:00 PM)
6.64
-0.02 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.3%
1 Week12.35%
2 Weeks5.73%
1 Month2%
3 Month-4.46%
6 Month27.2%
12 Month48.55%
2 Year5.23%
3 Year22.28%
5 Year81.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%6.21%
ATR Inc-74.04%
Range Today0.23
ADR(20)0.39
ADR(20)%5.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.04
Mansfield1.81
10 Day High6.8
10 Day Low5.7
20 Day High6.84
20 Day Low5.68
52 Week High7.88
52 Week Low4.2
CS1 End6.38
CR1 Start6.76
Volume & EV
DER(3)-3.22%
DER(5)-0.8%
Volume9.25K
Volume Incr-19.6%
Vol(5)16.67K
Vol(50)19.05K