Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing four (4) Common Shares) (NYSE:ELPC)

Sidelines Mode (-55) - ELPC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NYSE_ELPC
Open High Low ELPC Price Change
6.71 6.78 6.72 6.75 -0.02
Entry Signal

MarketClub’s Trade Triangles for ELPC

long term down The long-term trend has been DOWN since Jan 3rd, 2024 at 7.50

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 6.85

short term down The short-term trend has been DOWN since May 8th, 2024 at 6.73

Smart Scan Analysis for ELPC

Based on our trend formula, ELPC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ELPC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.71 6.78 6.72 6.75 -0.02
Prev. Close Volume Bid Ask Time
6.77 13705 2024-05-08 13:26:54
52wk High8.2552wk High Date2023-12-29
52wk Low6.004952wk Low Date2024-04-23
Average Volume28,732
Get a free daily analysis and signals for Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing four (4) Common Shares) (ELPC) - Request Your Free Report.