ELEVATE CREDIT INC (ELVT)

US28621V1017 - Common Stock

1.87  +0.01 (+0.54%)

Technical Rating and Analysis

6

Overall ELVT gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ELVT is a bad performer.

When comparing the yearly performance of all stocks, ELVT is a bad performer in the overall market: 79% of all stocks are doing better.
ELVT is part of the Consumer Finance industry. There are 51 other stocks in this industry, of which 86% are performing better than ELVT.
The long and short term trends are both positive. This is looking good!
ELVT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELVT is lagging the market.
In the last month ELVT has a been trading in a tight range between 1.77 and 1.87.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ELVT Weekly chart
ELVT Daily chart
Setup Rating and Analysis

7

ELVT has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

1.72

1.90

We found 1 important support area.

  • A support zone ranging from 1.74 to 1.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 1.88 to 1.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.69
Mansfield-0.63
10 Day High1.87
10 Day Low1.82
20 Day High1.87
20 Day Low1.77
52 Week High3.27
52 Week Low0.67
Performance
1 Week1.63%
2 Weeks2.19%
1 Month3.31%
3 Month2.19%
6 Month32.62%
12 Month-41.56%
2 YearN/A
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
RSI(14)69.2
LBB1.79
UBB1.88
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
1.891.810.08 (4.23%)23.63%
An entry @1.89. This is a Buy Stop order right above the resistance zone.An exit @1.81. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.08 points, which is 4.23%.When investing 23.63% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ELVT Daily chart

ELEVATE CREDIT INC

NYSE:ELVT (2/27/2023, 8:04:00 PM)

1.87

+0.01 (+0.54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg0.54%
1 Week1.63%
2 Weeks2.19%
1 Month3.31%
3 Month2.19%
6 Month32.62%
12 Month-41.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%1.16%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.87
10 Day Low1.82
20 Day High1.87
20 Day Low1.77
52 Week High3.27
52 Week Low0.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume535.90K
Volume Incr134.16%
Vol(5)439.96K
Vol(50)162.44K