Logo image of ELY

CALLAWAY GOLF COMPANY (ELY) Stock Technical Analysis

NYSE:ELY - New York Stock Exchange, Inc. - US1311931042 - Common Stock - Currency: USD

21.33  -0.62 (-2.82%)

After market: 21.33 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, ELY scores 1 out of 10 in our technical rating. ELY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
65% of all other stocks performed better in the past year than ELY.
ELY 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 ELY has a been trading in the 21.21 - 25.29 range, which is quite wide. It is currently trading near the lows of this range.
ELY has an average volume of 1576360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ELY is an average performer in the Leisure Products industry, it outperforms 68% of 30 stocks in the same industry.
Weekly and Daily overview Charts
CALLAWAY GOLF COMPANY / ELY Weekly stock chart
CALLAWAY GOLF COMPANY / ELY Daily stock chart
Setup Rating and Analysis

3

The technical rating of ELY 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.

Support and Resistance Analysis

19.96

25.60

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 21.08 to 21.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @20.16 from a horizontal line in the weekly time frame.

We can see 5 important resistance areas.

  • Resistance @21.83 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 22.27 to 22.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 23.24 to 23.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 24.30 to 24.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @25.35 from a horizontal line in the daily time frame.
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
CRS35.02
Mansfield-0.3
10 Day High23.71
10 Day Low21.21
20 Day High25.29
20 Day Low21.21
52 Week High31.68
52 Week Low17.78
Performance
1 Week-5.37%
2 Weeks-7.78%
1 Month-6.04%
3 Month-2.38%
6 Month-5.58%
12 Month-24.79%
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)-0.31
RSI(14)36.19
LBB21.02
UBB24.96
CALLAWAY GOLF COMPANY / ELY Daily stock chart

CALLAWAY GOLF COMPANY

NYSE:ELY (9/6/2022, 8:04:00 PM)

After market: 21.33 0 (0%)

21.33

-0.62 (-2.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-2.82%
1 Week-5.37%
2 Weeks-7.78%
1 Month-6.04%
3 Month-2.38%
6 Month-5.58%
12 Month-24.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%3.7%
ATR Inc30.25%
Range Today0.88
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.02
Mansfield-0.3
10 Day High23.71
10 Day Low21.21
20 Day High25.29
20 Day Low21.21
52 Week High31.68
52 Week Low17.78
CS1 End21.32
CR1 Start21.83
Volume & EV
DER(3)1.67%
DER(5)1.06%
Volume2.10M
Volume Incr-5.04%
Vol(5)1.60M
Vol(50)1.58M