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Stock Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Envela Corporation (AMEX:ELA)

Bull Market Weakness (+75) - ELA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ELA as it may be in the beginning stages of a reversal.

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.

Open High Low ELA Price Change
4.0900 4.3200 4.0600 4.2900 +0.2299
Entry Signal

MarketClub’s Trade Triangles for ELA

long term down The long-term trend has been DOWN since Apr 9th, 2021 at 4.700

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 4.220

short term up The short-term trend has been UP since Oct 22nd, 2021 at 4.085

Smart Scan Analysis for ELA

Based on our trend formula, ELA is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ELA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0900 4.3200 4.0600 4.2900 +0.2299
Prev. Close Volume Bid Ask Time
4.3200 52949 2021-10-22 15:59:52
52wk High7.4252wk High Date2021-02-01
52wk Low3.652wk Low Date2021-05-04
Average Volume34,576Shares Outstanding26,925
P/E Ratio13.0971
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