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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing one Unit consisting one Common Share and four non-voting Class B Preferred Shares) (NYSE:ELP)

Long-Term Downtrend (-90) - ELP is in a strong downtrend that is likely to continue. While ELP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ELP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ELP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_ELP
Open High Low ELP Price Change
7.0000 7.0500 6.9100 7.0299 -0.1101
Entry Signal

MarketClub’s Trade Triangles for ELP

long term down The long-term trend has been DOWN since Mar 15th, 2024 at 7.835

intermediate term down The intermediate-term trend has been DOWN since Mar 11th, 2024 at 8.065

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 7.599

Smart Scan Analysis for ELP

Based on our trend formula, ELP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ELP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.0000 7.0500 6.9100 7.0299 -0.1101
Prev. Close Volume Bid Ask Time
7.1400 87720 2024-04-16 13:07:46
Year High8.47Year High Date2018-11-29
Year Low4.7Year Low Date2018-08-24
52wk High10.6452wk High Date2023-12-27
52wk Low6.9952wk Low Date2023-06-01
Year End Close15.35Average Volume310,618
Shares Outstanding82,205,760Short Interest1,722,416
% Institutional11.5Market Cap3,374M
Assets557,013,890MLiabilities324,483,340M
P/E Ratio131.5068Beta0.9
Volatility40.02
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