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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 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)
Long-Term Downtrend (-90) - ELP is in a strong downtrend that is likely to continue. While ELP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Mar 11th, 2024 at 8.065
The short-term trend has been DOWN since Apr 10th, 2024 at 7.599
Smart Scan Analysis for ELP
Based on our trend formula, ELP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.100 | 7.120 | 6.975 | 7.030 | -0.040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.070 | 194369 | 2024-04-18 14:55:51 |
| 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 | 320,083 |
| 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 |