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Stock Trend Analysis Report

Prepared for you on Thursday, September 24, 2020.

Envela Corporation (AMEX:ELA)

Crossroads (+60) - ELA is struggling to move into a solid trend. Beware of choppy markets 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.

AMEX_ELA
Open High Low ELA Price Change
4.460 4.730 4.230 4.285 -0.065
Entry Signal

MarketClub’s Trade Triangles for ELA

long term down The long-term trend has been DOWN since Sep 2nd, 2020 at 3.4018

intermediate term up The intermediate-term trend has been UP since Sep 15th, 2020 at 4.2900

short term up The short-term trend has been UP since Sep 15th, 2020 at 3.5000

Smart Scan Analysis for ELA

Based on our trend formula, ELA is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ELA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.460 4.730 4.230 4.285 -0.065
Prev. Close Volume Bid Ask Time
3.990 101386 2020-09-23 15:59:25
52wk High6.252wk High Date2020-06-30
52wk Low1.10552wk Low Date2019-09-20
Average Volume80,711Shares Outstanding26,924
Assets29,182,609MLiabilities16,248,112M
P/E Ratio33.25
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