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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Envela Corporation (AMEX:ELA)
Sidelines Mode (-55) - ELA 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 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 5.280
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 4.290
The short-term trend has been UP since Apr 18th, 2024 at 4.465
Smart Scan Analysis for ELA
Based on our trend formula, ELA is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.310 | 4.415 | 4.310 | 4.330 | +0.010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.320 | 1369 | 2024-04-19 10:11:31 |
| 52wk High | 7.97 | 52wk High Date | 2023-07-10 |
| 52wk Low | 3.02 | 52wk Low Date | 2023-11-10 |
| Average Volume | 66,161 | Shares Outstanding | 26,350 |
| Assets | 73,474,229M | Liabilities | 25,165,376M |
| P/E Ratio | 16 |