NYSEARCA:ELD - NYSE Arca - US97717X8671 - ETF - Currency: USD
Overall ELD gets a technical rating of 6 out of 10. ELD has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although the technical rating is only medium, ELD does present a nice setup opportunity. 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 26.62, a Stop Loss order could be placed below this zone.
25.02
2 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 |
---|---|---|---|
26.81 | 26.01 | 0.80 (2.98%) | 25.00% |
An entry @26.81. This is a Buy Stop order right above the resistance zone. | An exit @26.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.80 points, which is 2.98%. | For a 0.75% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NYSEARCA:ELD (4/28/2025, 12:49:03 PM)
26.98
+0.18 (+0.67%)