Technical analysis from Ellex Medical Lasers (ELX.AX, ASX:ELX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Ellex Medical Lasers
+ Share

Ellex Medical Lasers: Daily Downtrend has been confirmed
Short Trend /
Ellex Medical Lasers: Daily Downtrend has been confirmed

ELX: Daily Trend Current Signal -> (1) 20 Nov: BEARISH CONFIRM (2) 17 Nov: BULLISH (3) 20 Nov: BULLISH

ELX has achieved a higher range ($0.025)
Price Range /
ELX has achieved a higher range ($0.025)

ELX: Price Range Current Signal -> (1) 20 Nov: NEUTRAL (2) 17 Nov: BEARISH (3) 16 Nov: BULLISH

Fibonacci Extensions /
Ellex Medical Lasers has broken below the 161.8% extension level ($3.76) [Bullish]

Ellex Medical Lasers has moved below the 161.8% level ($3.76) [Bullish]. Look for a long limit order entry near this point. Exit price for ELX should be set @$3.9 & Stoploss for Ellex Medical Lasers should be set at $3.62

Pivot Points /
Ellex Medical Lasers has moved below the S1 pivot point ($1.006) [Bearish]

Ellex Medical Lasers has broken the first support point ($1.006) [Bearish]. Look for a short limit order entry near this point. Exit price for ELX should be set @$0.998 & short position stoploss for Ellex Medical Lasers should be set between $1.048 & $1.056

Volume Rate of Change /
Ellex Medical Lasers: Volume rate of Change (14)

[BULLISH]: Ellex Medical Lasers currently has positive volume of change of 202%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -2.4%.

On Balance Volume /
ELX: Current trading activity signals OBV distribution is active

[BEARISH]: Ellex Medical Lasers current price has highlighted recent distribution. Currently, the OBV is -1.37543e+006.

Top companies for
Australian Stock Exchange
Advertisment
Williams %R /
Ellex Medical Lasers is now oversold with the William %R @-83.3

ELX: William %R Current Signal -> (1) 20 Nov: BULLISH CROSSOVER (2) 17 Nov: BULLISH CROSSUNDER (3) 20 Nov: BEARISH

Ellex Medical Lasers: Daily low performance is -1 % [Downtrend]
Low Price /
Ellex Medical Lasers: Daily low performance is -1 % [Downtrend]

ELX: LOW Current Signal -> (1) 20 Nov: BEARISH (2) 17 Nov: BULLISH (3) 16 Nov: BULLISH

Ellex Medical Lasers is in a short term downtrend with the resistance price @$1.023
Weighted Moving Average /
Ellex Medical Lasers is in a short term downtrend with the resistance price @$1.023

[BEARISH]: Ellex Medical Lasers currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -2.4%.

Percentage Price /
Price percentage oscillator: Downward momentum is still present for Ellex Medical Lasers

[BEARISH]: Ellex Medical Lasers currently has negative PPO -2.500%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Demarks Pivot Points /
Limit order for a short position has been identified for Ellex Medical Lasers [Bearish]

Ellex Medical Lasers has broken the first DeMark support point ($1.02125) [Bearish]. Look for a short limit order entry near this point. Exit price for ELX should be set @$1.002 & short position stoploss for Ellex Medical Lasers should be set at $1.027

Sine Weighted Moving Average /
The SWMA trend following signal is now active for Ellex Medical Lasers [Bearish]

[BEARISH]: Ellex Medical Lasers currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -2.4%.

Exponential Moving Average /
The EMA trend following signal is now active for Ellex Medical Lasers [Bearish]

[BEARISH]: Ellex Medical Lasers currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -2.4%.

Stochastic Oscillator /
ELX: Stochastic Oscillator continues to move below the oversold limit @16.7

ELX: Stochastic Oscillator Signal -> (1) 20 Nov: BULLISH (2) 17 Nov: BEARISH CROSSUNDER (3) 20 Nov: BEARISH

Detrended Price Oscillator /
Ellex Medical Lasers: Detrended Price Oscillator(20) (-0.133)

ELX: DPO Recent Trading -> (1) 20 Nov: -0.133 (2) 17 Nov: -0.1155 (3) 20 Nov: 1.3208

MACD /

ELX has achieved a new high of 217667 (10.1)
Volume /
ELX has achieved a new high of 217667 (10.1)

[BULLISH]: Ellex Medical Lasers current volume uptrend in the first timeframe. Volume for ELX is217667 (10.1).

Ellex Medical Lasers has signalled an Average Directional Index strong trend present
Average Directional Movement /
Ellex Medical Lasers has signalled an Average Directional Index strong trend present

[Trend]: ADX for ELX has confirmed a strong trend is presentEllex Medical Lasers has an ATR(14) of 0.03, a DX of 14.61 & an ADX(14) of 31.55

Rate of Change /
Rate of change(14) is decreasing for Ellex Medical Lasers

[BEARISH]: Ellex Medical Lasers currently has negative rate of change of -11%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

MACD Volume /
Ellex Medical Lasers: Volume MACD @-8116 [Bearish]

[BEARISH]: Ellex Medical Lasers currently has negative Volume MACD of -8116. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Close Tod Vs Close Yest /
Daily trading performance for ELX has initiated a short term downtrend

[BEARISH]: Ellex Medical Laserssellers are keener than buyers and are driving the price down. This is the first day of price decline for ELX adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -7.9 & the greatest daily negative change this year has been -10.2. The longest consecutive downswing rally over the last 12 months has been 1 days giving a total rally downward movement of -10.2%. This quarter, the largest downswing rally has been 1 days giving a total rally downward movement of -7.9%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.8x. Over the last month the average daily downward movement has been -4.2%

Aroon Oscillator /
[Downtrend]: Aroon oscillator @-64 has confirmed a strong downtrend for ELX

ELX: Aroon Oscillator Recent Trading -> (1) 20 Nov: -64 (2) 17 Nov: -80 (3) 20 Nov: 84

5-day momentum is increasing for Ellex Medical Lasers
Momentum /
5-day momentum is increasing for Ellex Medical Lasers

[BULLISH]: Ellex Medical Lasers currently has positive momentum of 0.02. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -2.4%. The largest upward momentum rally for the last 3 months is 3 days producing a return of 8.8%%.

Ellex Medical Lasers: Daily opening performance is 1 % [Uptrend]
Opening Price /
Ellex Medical Lasers: Daily opening performance is 1 % [Uptrend]

ELX: OPEN Current Signal -> (1) 20 Nov: NEUTRAL (2) 17 Nov: BEARISH (3) 16 Nov: BULLISH

Pivot Reversal /
A short term Pivot Reversal has formed with Ellex Medical Lasers

[BEARISH]: A short term Pivot Reversal has formed with Ellex Medical Lasers which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 16 occurrences of this bar reversal giving a signal probability of 6.1%.

See More   See more results
Advertisment
Advertisment
back to top