Technical analysis from Elanor Investors (ENN.AX.AX, ASX:ENN.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Elanor Investors
+ Share

Prices are being driven below the consensus of value for ENN [Bearish]
Elder Ray Index /
Prices are being driven below the consensus of value for ENN [Bearish]

[BEARISH]: Elanor Investors Elder Ray Index is signalling a Bearish movementERI is -0.049 indicating bear power. Prices are being driven below the consensus of value for ENN during the last trading session [Selling Pressure]

Traders are currently Distributing Elanor Investors
On Balance Volume /
Traders are currently Distributing Elanor Investors

[BEARISH]: Elanor Investors current price has highlighted recent distribution. Currently, the OBV is -2.1422e+006.

Opening Price /
Elanor Investors opening price of $1.95 (-0.5 %)

[BEARISH]: Elanor Investors opening price has gapped down. Currently, the OPEN is $1.95 (-0.5 %).

Range Tod Vs Range Yest /
Elanor Investors : Range Performance (100)

[BEARISH]: Elanor Investors sellers are increasingly eager. This is the first day sellers have increasing eagerness for ENN adding strength to a downtrend in the first timeframe. The biggest price range this month has been $0.155 & the greatest daily price range this year has been $0.265. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 0.6x.

Demarks Pivot Points /
Limit order for a short position has been identified for Elanor Investors [Bearish]

Elanor Investors has broken the first DeMark support point ($1.92) [Bearish]. Look for a short limit order entry near this point. Exit price for ENN should be set @$1.89 & short position stoploss for Elanor Investors should be set at $1.93

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Woodie Pivot Point /
Elanor Investors has moved below the S1 Woodie pivot point ($1.89) [Bearish]

Elanor Investors has broken the first Woodie support point ($1.89) [Bearish]. Look for a short limit order entry near this point. Exit price for ENN should be set @$1.88 & short position stoploss for Elanor Investors should be set at $1.96

Elanor Investors : Look for a long limit order entry @$3.79
Fibonacci Extensions /
Elanor Investors : Look for a long limit order entry @$3.79

Elanor Investors : The current Fibonacci Extension levels are: (23.61%) $1.92: (38.2%) $1.95: (50%) $1.97: (61.8%) $2The current support levels are: (78.6%) $2.03: (100%) $2.07: (138.2%) $2.14: (161.8%) $2.19: (261.8%) $2.39: (423.61%) $2.7

Average True Range for Elanor Investors  has signalled an uptrend is active
Average True Range /
Average True Range for Elanor Investors has signalled an uptrend is active

[Bullish]: Average True Range has confirmed an uptrend is present. Elanor Investors has a TR of 0.045, and an ATR(14) of 0.036.

Aroon Oscillator /
[Downtrend]: Aroon oscillator @-88 has confirmed a strong downtrend for ENN

[BEARISH]: Elanor Investors has a current ARO(25) of -88. This has change 4 points from yesterday.

Rate of Change /
Elanor Investors currently has negative rate of change for -4.5

[BEARISH]: Elanor Investors currently has negative rate of change of -4.5%. 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

Buying pressure for Elanor Investors  continues - bullish signal
Chaikin Money Flow /
Buying pressure for Elanor Investors continues - bullish signal

[BULLISH]: Elanor Investors current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.07. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.78

Signal line is still below the EMA for Elanor Investors  producing negative momentum
Percentage Price /
Signal line is still below the EMA for Elanor Investors producing negative momentum

[BEARISH]: Elanor Investors currently has negative PPO -1.700%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Momentum /
Negative momentum: Price is trading lower for Elanor Investors than 5 days ago

ENN: MOM Recent Trading -> (1) 20 Feb: -0.06 (2) 19 Feb: -0.01 (3) 16 Feb: -0.02

Accumulation / Distribution /
Accumulation still active for Elanor Investors

[BULLISH]: Elanor Investors current accumulation has given strength to the share price and the continuation of bullish trading conditions.

High Price /
Recent trading for ENN has failed to beaten the previous high by -0.8 % [Downtrend]

[BEARISH]: Elanor Investors current downtrend in the first timeframe. Currently, the HIGH is -0.8 %.

[Bearish]: SMA(5) is serving as a resistance line for Elanor Investors
Simple Moving Average /
[Bearish]: SMA(5) is serving as a resistance line for Elanor Investors

ENN: SMA(5) Current Signal -> (1) 20 Feb: BULLISH (2) 19 Feb: BULLISH (3) 16 Feb: BULLISH CROSSOVER

Open/close reversal: Sellers were in control for all the trading day for ENN
Open Tod Vs Close Tod /
Open/close reversal: Sellers were in control for all the trading day for ENN

[BEARISH STRONG]: Elanor Investors opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 0%. This suggests the sellers were in control all day. Over the last 12 months there has been 48 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 18.8%. Over the last month there has been 3 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 23.1%.

[Bearish]: Lower volume has formed for ENN by -31.8 during the last trading session
Volume /
[Bearish]: Lower volume has formed for ENN by -31.8 during the last trading session

[BEARISH]: Elanor Investors current volume downtrend in the first timeframe. Volume for ENN is114204 (-31.8).

Ulcer Index /
Elanor Investors : Ulcer Index 3.802 [Low Stress]

[BEARISH]: Elanor Investors UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.802.

Bill Williams Market Facilitation /
Market movement continuation likely for ENN as a result of Fake Day

Elanor Investors Currently is a confirmed Fake Day. MFI indicator is up, volume is down for ENN. Trend continuation possible for ENN from reduced trading activity.

MACD /
Positive momentum on the MACD histogram for ENN is maintained & supports a bullish move is likely

[BULLISH]: Elanor Investors currently has positive MACD of 0.000000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -3.1%.

Black Marubozu /
ENN Basic Candle: Black Marubozu

[BEARISH]: Elanor Investors has formed a Black Marubozu candlestick. This means, ENN has received strong selling confidence and downward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

[Bearish]: EMA(5) is serving as a resistance line for Elanor Investors
Exponential Moving Average /
[Bearish]: EMA(5) is serving as a resistance line for Elanor Investors

[BEARISH]: Elanor Investors 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 -2.3%.

The volume MACD continues to rise above the signal line for ENN [Bullish]
MACD Volume /
The volume MACD continues to rise above the signal line for ENN [Bullish]

ENN: Volume MACD Recent Trading -> (1) 20 Feb: 22429 (2) 19 Feb: 31413 (3) 16 Feb: 36422

Daily Volume Index /
Market conditions are indicating DVI accumulation is current for ENN

[BULLISH]: Elanor Investors current accumulation has given strength to the share price and the continuation of bullish trading conditions.

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