ELMERA GROUP ASA (ELMRA.OL) Stock Technical Analysis
OSL:ELMRA - Oslo Bors ASA - NO0010815673 - Common Stock - Currency: NOK
We assign a technical rating of 0 out of 10 to ELMRA. ELMRA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
78% of all other stocks performed better in the past year than ELMRA.
ELMRA is one of the lesser performing stocks in the Electric Utilities industry. 73% of 16 stocks in the same industry do better.
ELMRA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ELMRA has a been trading in the 28.20 - 38.95 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of ELMRA is bad and it also does not present a quality setup 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
30.20
40.10
We found 1 important support area.
- A support zone ranging from 30.50 to 30.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 30.93 to 30.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.70 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.32
Mansfield-1.67
10 Day High38.95
10 Day Low28.2
20 Day High38.95
20 Day Low28.2
52 Week High39.95
52 Week Low27.72
Performance
1 Week-18.62%
2 Weeks-18.73%
1 Month-16.31%
3 Month-15.51%
6 Month-9.04%
12 Month3.01%
2 Year108.81%
3 YearN/A
5 YearN/A
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)-0.8
RSI(14)27.25
LBB29.78
UBB42.47
ELMERA GROUP ASA
OSL:ELMRA (2/5/2025, 4:19:08 PM)
30.925
-0.72 (-2.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-2.29%
1 Week-18.62%
2 Weeks-18.73%
1 Month-16.31%
3 Month-15.51%
6 Month-9.04%
12 Month3.01%
2 Year108.81%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.64
ATR(20)%4.44%
ATR Inc-46.15%
Range Today1.05
ADR(20)1.37
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.32
Mansfield-1.67
10 Day High38.95
10 Day Low28.2
20 Day High38.95
20 Day Low28.2
52 Week High39.95
52 Week Low27.72
CS1 End30.5
CR1 Start39.7
Volume & EV
DER(3)-7.97%
DER(5)-2.73%
Volume36.00K
Volume Incr1062.95%
Vol(5)977.09K
Vol(50)192.31K