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Stock Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Envela Corporation (AMEX:ELA)
Strong Downtrend (-100) - ELA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ELA continues to fall. Traders should use caution and set stops.
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 DOWN since Aug 3rd, 2023 at 6.090
The intermediate-term trend has been DOWN since Aug 3rd, 2023 at 7.050
The short-term trend has been DOWN since Sep 27th, 2023 at 4.955
Smart Scan Analysis for ELA
Based on our trend formula, ELA is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.970 | 5.020 | 4.850 | 4.875 | -0.085 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.960 | 8791 | 2023-09-28 15:44:20 |
| 52wk High | 8.05 | 52wk High Date | 2023-03-10 |
| 52wk Low | 4.5 | 52wk Low Date | 2022-11-07 |
| Average Volume | 38,492 | Shares Outstanding | 26,897 |
| Assets | 73,741,958M | Liabilities | 27,899,191M |
| P/E Ratio | 8.7018 |