EARLYWORKS CO LTD-ADR (ELWS)
US27030F2020 - ADR
Taking everything into account, ELWS scores 7 out of 10 in our technical rating. Although ELWS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ELWS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ELWS is lagging the market.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the performance of all stocks over the past year, ELWS turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
ELWS is an average performer in the Professional Services industry, it outperforms 63% of 81 stocks in the same industry.
In the last month ELWS has a been trading in the 2.34 - 3.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ELWS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.63, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.20
3.57
3 important support areas can be observed.
- A support zone ranging from 2.59 to 2.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.33 from a trend line in the daily time frame.
- Support @2.22 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.71 to 2.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.82 to 2.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.21 from a horizontal line in the daily time frame.
- Resistance @3.53 from a trend 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
CRS55.86
Mansfield-0.52
10 Day High3.25
10 Day Low2.55
20 Day High3.39
20 Day Low2.34
52 Week High13
52 Week Low1.04
Performance
1 Week-0.72%
2 Weeks1.48%
1 Month4.17%
3 Month16.77%
6 Month24.43%
12 Month-12.57%
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)0.01
RSI(14)47.62
LBB2.5
UBB3.1
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 |
|---|---|---|---|
| 2.74 | 2.58 | 0.16 (5.84%) | 17.13% |
| An entry @2.74. This is a Buy Stop order right above the resistance zone. | An exit @2.58. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.16 points, which is 5.84%. | For a 1.00% total portfolio risk, you can invest 17.13% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ELWS. Please evaluate whether better entry and exit points can be found.
- 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.
EARLYWORKS CO LTD-ADR
NASDAQ:ELWS (12/23/2024, 4:30:01 PM)
2.7
-0.12 (-4.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-4.26%
1 Week-0.72%
2 Weeks1.48%
1 Month4.17%
3 Month16.77%
6 Month24.43%
12 Month-12.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%10.67%
ATR Inc-29.81%
Range Today0.19
ADR(20)0.29
ADR(20)%10.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.86
Mansfield-0.52
10 Day High3.25
10 Day Low2.55
20 Day High3.39
20 Day Low2.34
52 Week High13
52 Week Low1.04
CS1 End2.63
CR1 Start2.71
Volume & EV
DER(3)-16.28%
DER(5)-9.57%
Volume31.63K
Volume Incr-35.47%
Vol(5)47.49K
Vol(50)398.51K