Stock Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Element Global (NASDAQ:ELGL)
Long-Term Uptrend (+90) - ELGL is in a strong uptrend that is likely to continue. While ELGL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ELGL?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELGL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ELGL
The long-term trend has been UP since Feb 24th, 2021 at 0.14990
The intermediate-term trend has been UP since Feb 23rd, 2021 at 0.08240
The short-term trend has been UP since Feb 22nd, 2021 at 0.06965
Smart Scan Analysis for ELGL
Based on our trend formula, ELGL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.26||Year High Date||2018-09-18|
|Year Low||0.0281||Year Low Date||2018-01-05|
|52wk High||0.21465||52wk High Date||2020-05-20|
|52wk Low||0.03||52wk Low Date||2020-12-24|