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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing one Unit consisting one Common Share and four non-voting Class B Preferred Shares) (NYSE:ELP)
Sidelines Mode (-55) - ELP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ELP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELP.
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 ELP
The long-term trend has been DOWN since Mar 15th, 2024 at 7.835
The intermediate-term trend has been UP since May 6th, 2024 at 7.615
The short-term trend has been DOWN since May 8th, 2024 at 7.490
Smart Scan Analysis for ELP
Based on our trend formula, ELP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.44 | 7.59 | 7.44 | 7.56 | +0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.51 | 185302 | 2024-05-08 15:59:38 |
| Year High | 8.47 | Year High Date | 2018-11-29 |
| Year Low | 4.7 | Year Low Date | 2018-08-24 |
| 52wk High | 10.64 | 52wk High Date | 2023-12-27 |
| 52wk Low | 6.91 | 52wk Low Date | 2024-04-16 |
| Year End Close | 15.35 | Average Volume | 268,280 |
| Shares Outstanding | 82,205,760 | Short Interest | 1,722,416 |
| % Institutional | 11.5 | Market Cap | 3,374M |
| Assets | 557,013,890M | Liabilities | 324,483,340M |
| P/E Ratio | 131.5068 | Beta | 0.9 |
| Volatility | 40.02 |