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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Envela Corporation (AMEX:ELA)
Weak Uptrend (+65) - ELA is showing signs of weakening momentum to the upside. Monitor ELA as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ELA?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ELA
The long-term trend has been UP since Dec 21st, 2023 at 5.28
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 4.29
The short-term trend has been UP since May 2nd, 2024 at 4.49
Smart Scan Analysis for ELA
Based on our trend formula, ELA is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
+65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.47 | 4.55 | 4.42 | 4.49 | -0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.51 | 16251 | 2024-05-08 15:58:12 |
| 52wk High | 7.97 | 52wk High Date | 2023-07-10 |
| 52wk Low | 3.02 | 52wk Low Date | 2023-11-10 |
| Average Volume | 41,525 | Shares Outstanding | 26,350 |
| Assets | 73,474,229M | Liabilities | 25,165,376M |
| P/E Ratio | 16.8148 |
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