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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Envela Corporation (AMEX:ELA)

Strong Uptrend (+100) - ELA is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ELA continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
4.5700 4.6423 4.5700 4.6200 +0.0700
Entry Signal

MarketClub’s Trade Triangles for ELA

long term up The long-term trend has been UP since Dec 21st, 2023 at 5.2800

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 4.6150

short term up The short-term trend has been UP since Mar 20th, 2024 at 4.6226

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).

+100
Smart Scan Analysis for ELA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5700 4.6423 4.5700 4.6200 +0.0700
Prev. Close Volume Bid Ask Time
4.6200 15755 2024-03-28 15:40:46
52wk High7.9752wk High Date2023-07-10
52wk Low3.0252wk Low Date2023-11-10
Average Volume43,701Shares Outstanding26,350
Assets73,474,229MLiabilities25,165,376M
P/E Ratio16.8518
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