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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Envela Corporation (AMEX:ELA)
Long-Term Uptrend (+90) - ELA is in a strong uptrend that is likely to continue. While ELA is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jun 27th, 2024 at 4.92
The short-term trend has been UP since Jul 23rd, 2024 at 4.94
Smart Scan Analysis for ELA
Based on our trend formula, ELA is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.0200 | 4.9606 | 4.9100 | 4.9100 | -0.0600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.9700 | 4387 | 2024-07-26 15:59:54 |
| 52wk High | 7.67 | 52wk High Date | 2023-08-01 |
| 52wk Low | 3.02 | 52wk Low Date | 2023-11-10 |
| Average Volume | 75,719 | Shares Outstanding | 26,276 |
| Assets | 74,745,418M | Liabilities | 25,434,172M |
| P/E Ratio | 20.7083 |