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Stock Trend Analysis Report

Prepared for you on Friday, August 12, 2022.

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.

Open High Low ELA Price Change
8.0500 8.1271 7.8300 8.0500 -0.0200
Entry Signal

MarketClub’s Trade Triangles for ELA

long term up The long-term trend has been UP since Mar 14th, 2022 at 4.400

intermediate term up The intermediate-term trend has been UP since Aug 4th, 2022 at 7.900

short term up The short-term trend has been UP since Aug 3rd, 2022 at 7.025

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).

Smart Scan Analysis for ELA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.0500 8.1271 7.8300 8.0500 -0.0200
Prev. Close Volume Bid Ask Time
8.0700 37681 2022-08-12 15:59:50
52wk High8.452wk High Date2022-08-11
52wk Low3.509752wk Low Date2022-01-26
Average Volume138,138Shares Outstanding26,925
P/E Ratio17.5435
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