ELLOMAY CAPITAL LTD (ELLO) Stock Technical Analysis
NYSEARCA:ELLO - American Stock Exchange - IL0010826357 - Common Stock
We assign a technical rating of 8 out of 10 to ELLO. Although ELLO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ELLO has an average volume of 4745 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ELLO is part of the Independent Power and Renewable Electricity Producers industry. There are 21 other stocks in this industry. ELLO outperforms 75% of them.
Looking at the yearly performance, ELLO did better than 76% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
ELLO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELLO is lagging the market.
In the last month ELLO has a been trading in the 14.70 - 20.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ELLO has an excellent technical rating, it does not present a decent entry opportunity 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
10.97
18.08
6 important support areas can be observed.
- Support @17.45 from a horizontal line in the weekly time frame.
- A support zone ranging from 16.38 to 16.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 14.96 to 14.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.39 from a trend line in the weekly time frame.
- Support @11.52 from a horizontal line in the daily time frame.
- Support @11.08 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @17.90 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
CRS76.25
Mansfield0.55
10 Day High20.81
10 Day Low15.76
20 Day High20.81
20 Day Low14.7
52 Week High20.81
52 Week Low11.08
Performance
1 Week2.41%
2 Weeks2.69%
1 Month3.2%
3 Month24.65%
6 Month40.62%
12 Month5.53%
2 Year-6.2%
3 Year-34.62%
5 Year-18.1%
10 Year82.5%
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)0.02
RSI(14)57.35
LBB15.69
UBB17.25
ELLOMAY CAPITAL LTD
NYSEARCA:ELLO (1/22/2025, 2:03:48 PM)
17.9
+1.11 (+6.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg6.61%
1 Week2.41%
2 Weeks2.69%
1 Month3.2%
3 Month24.65%
6 Month40.62%
12 Month5.53%
2 Year-6.2%
3 Year-34.62%
5 Year-18.1%
10 Year82.5%
15 YearN/A
Volatility
ATR(14)1.01
ATR(20)%6.29%
ATR Inc203.83%
Range Today2.38
ADR(20)0.99
ADR(20)%5.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.25
Mansfield0.55
10 Day High20.81
10 Day Low15.76
20 Day High20.81
20 Day Low14.7
52 Week High20.81
52 Week Low11.08
CS1 End16.62
CR1 Start17.45
Volume & EV
DER(3)-0.11%
DER(5)-0.06%
Volume12.00K
Volume Incr-22.43%
Vol(5)4.34K
Vol(50)4.75K