ELC technical analysis
ELC Technical Analysis
Analysis date
August 6, 2026
Market
NYSE (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
ELC Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- ELC
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 19.96 | August 5, 2026 | - | Verified |
| Verification series | 19.96 | August 5, 2026 | 0.00% | Verified |
Bottom line
ELC Technical Analysis Summary
ELC is trading near the lower end of its 52-week range at the August 5, 2026 cutoff. The daily close of 19.96 sits just below SMA20 at 19.97, SMA50 at 20.01, and SMA200 at 20.15, so the daily structure is mildly bearish. Daily RSI14 at 46.78 is below neutral and the MACD histogram is barely positive, reflecting flat momentum. The weekly close of 20.02 sits between SMA200 support at 19.38 and the SMA20 to SMA50 cluster around 20.06 to 20.20, keeping the longer-term picture range-bound. Volatility is very low, with daily ATR at 0.41% of price, and trading is thin. Immediate support is the 19.80 20-day and 60-day low, with the 19.69 52-week low below it. Resistance is the 20.10 20-day high and the daily SMA200 at 20.15. A daily close above SMA20 at 19.97 would firm the near-term tone, while a break below 19.80 would open the way toward the 52-week low.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Bearish. The August 5 close of 19.96 is below SMA20 (19.97), SMA50 (20.01), and SMA200 (20.15), with the averages in bearish order. Price has drifted to the lower part of its recent range after a pullback from the 20.10 area.
- Momentum
- Neutral to weak. RSI14 at 46.78 is below the neutral 50 level. MACD line at -0.01 is slightly above its signal at -0.02 with a marginal positive histogram, showing momentum that is flat near zero rather than clearly directional.
- Volatility
- Very low. ATR14 at 0.08 (0.41% of price). Bollinger Bands (19.86 to 20.09) are narrow, and the close at 19.96 sits near the middle band, consistent with a quiet, low-volatility trading pattern.
- Volume
- Slightly above average. Latest volume of 16,000 is about 117% of the 20-period average (13,665), but absolute turnover is thin for this security, so volume signals should be read with caution.
Assessment
The daily timeframe is mildly bearish with price below all key averages and momentum near neutral. The bearish alignment is shallow because the averages are clustered between 19.97 and 20.15, so a modest move higher would restore a neutral structure. A close above SMA20 at 19.97 would firm the near-term tone, while a break below the 19.80 20-day low would point toward the 19.69 52-week low.
Weekly (July 27, 2026 week)
- Trend
- Mixed. The completed weekly close of 20.02 is below SMA20 (20.06) and SMA50 (20.20) but above SMA200 (19.38). The near-term averages sit just overhead, while the longer-term average below price keeps the base intact.
- Momentum
- Neutral. RSI14 at 48.53 is near the 50 midline. MACD line at -0.04 is below its signal at -0.03 with a slightly negative histogram, showing a mild negative bias that has not extended.
- Volatility
- Low. ATR14 at 0.26 (1.32% of price). Bollinger Bands (19.71 to 20.41) are fairly narrow, with the close near the middle of the range.
- Volume
- Near average. Weekly volume of 115,000 is about 110% of the 20-week average (104,250), with turnover staying thin overall.
Assessment
The weekly timeframe shows a range-bound structure between SMA200 support at 19.38 and the SMA20 to SMA50 resistance cluster around 20.06 to 20.20. Price has been unable to hold above the near-term averages, keeping the bias neutral. A weekly close above 20.20 would mark a more constructive shift, while a close below the 19.72 20-week low would push price toward the SMA200 at 19.38.
Key indicators
ELC Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 46.78 | 48.53 |
| MACD (12, 26, 9) | -0.01 / -0.02 / 0.01 | -0.04 / -0.03 / -0.02 |
| ATR (14) | 0.08 (0.41%) | 0.26 (1.32%) |
| Bollinger Bands (20, 2) | 19.86 - 20.09 | 19.71 - 20.41 |
| SMA (20) | 19.97 | 20.06 |
| SMA (50) | 20.01 | 20.20 |
| SMA (200) | 20.15 | 19.38 |
Price structure
ELC Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 19.96 | 20.02 |
| 1-Period Return | -0.20% | +0.96% |
| 5-Period Return | 0.00% | +0.10% |
| 20-Period Return | -0.25% | +0.22% |
| 60-Period Return | -2.02% | +4.82% |
| 252-Period Return | -1.01% | N/A |
| 52-Week Low | 19.69 | 19.69 |
| 52-Week High | 21.38 | 21.38 |
| 52-Week Position | 15.81% | 19.36% |
Key levels
ELC Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 20.10 | 20.45 |
| 20-Period Low | 19.80 | 19.72 |
| 60-Period High | 20.37 | 21.38 |
| 60-Period Low | 19.80 | 18.73 |
Scenarios
ELC Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
A daily close above SMA20 at 19.97 and then SMA200 at 20.15, followed by a weekly close above SMA50 at 20.20 and the 20-week high at 20.45.
Invalidation
A rejection below SMA20 at 19.97 and a break under the 19.80 20-day low.
What to watch
Daily RSI moving above 50, the daily MACD histogram expanding positive, and volume rising on upward moves.
Range-Bound
Trigger
Price continues to oscillate between the 19.80 20-day low and the 20.10 20-day high, with the weekly range holding between 19.72 and 20.45.
Invalidation
A decisive break above 20.45 or below 19.72 on the weekly chart with volume confirmation.
What to watch
RSI staying between 45 and 55, the MACD histogram fluctuating near zero, and volume remaining thin.
Bearish
Trigger
Price closes below the 19.80 20-day low and then the 19.69 52-week low, pointing toward weekly SMA200 support at 19.38.
Invalidation
Price reclaims and holds above SMA20 at 19.97 on the daily chart.
What to watch
Daily RSI falling below 40, the daily MACD histogram turning clearly negative, and rising volume on down days.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
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