ELC technical analysis
ELC Technical Analysis
Analysis date
July 18, 2026
Market
NYSE (USD)
Daily cutoff
July 17, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
ELC Data Verification
Cross-validating the latest completed daily bar across independent sources.
- Symbol
- ELC
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- July 17, 2026
No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.
| Source | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Yahoo Finance Chart API (primary) | 47.82 | July 17, 2026 | - | Verified |
| Finviz (independent) | 47.82 | July 17, 2026 (previous close) | 0.00% | Verified |
Bottom line
ELC Technical Analysis Summary
ELC shows a mixed technical picture with divergent signals across timeframes. On the daily chart, price is trading near key moving averages, suggesting near-term equilibrium. RSI at 51.23 is right around the 50 midline, reflecting neutral momentum. The daily MACD shows a slightly positive histogram, indicating mild bullish momentum. On the weekly chart, the trend is more constructive with price above SMA20 but below SMA50 and SMA200, reflecting an improving but not yet confirmed uptrend. Key resistance sits at the 20-day high while support is established at the 20-day low. The overall picture suggests ELC is in a transition phase, with daily signals turning neutral-to-positive while the weekly structure still requires confirmation of a sustained trend change.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (July 17, 2026)
- Trend
- Neutral with slight bullish bias. Price at 47.82 is above SMA20 (46.95, +1.85%) and SMA50 (46.30, +3.28%) but remains below SMA200 (49.10, -2.61%). The SMA20 and SMA50 have flattened after a period of decline, and the SMA200 continues to slope downward gradually. This configuration suggests short-term improvement within a longer-term neutral-to-bearish context.
- Momentum
- Neutral to positive. RSI14 at 51.23 is just above the 50 midline, indicating balanced momentum with a slight bullish lean. MACD line at 0.15 is above the signal line at 0.08 with a positive histogram of 0.07, a modestly bullish configuration that suggests gradual improvement in momentum.
- Volatility
- Moderate. ATR14 at 1.18 (2.47% of price) suggests average daily movement of about 2.5%. Bollinger Bands (44.80 to 50.40) show price trading near the middle of the range, consistent with a period of consolidation. Band width is moderate, indicating normal volatility conditions.
- Volume
- Near average. Latest volume is approximately 85% of the 20-period average, indicating typical participation levels. No signs of accumulation or distribution extremes.
Assessment
The daily chart reflects a stock that is consolidating after a period of movement. Price has reclaimed SMA20 and SMA50 but not yet SMA200, putting it in a gray area between short-term improvement and long-term trend confirmation. The RSI at 51 and the slightly positive MACD histogram suggest a neutral stance with a mild bullish tilt. A move above SMA200 at 49.10 would be a meaningful improvement signal, while a break below SMA20 at 46.95 would suggest the consolidation is resolving to the downside.
Weekly (July 13, 2026 week)
- Trend
- Improving but incomplete. Price at 47.50 is above SMA20 (45.80) but below SMA50 (49.20) and SMA200 (52.40). The SMA20 has started to flatten and turn up, but the SMA50 and SMA200 are still sloping downward. This structure shows early-stage improvement within a larger bearish context.
- Momentum
- Neutral with improving bias. RSI14 at 49.80 is near the 50 midline, indicating neutral momentum after a period of recovery from oversold levels. MACD line at -0.20 is approaching a crossover with the signal line at -0.35, and the histogram at 0.15 is positive, suggesting that bearish momentum is fading.
- Volatility
- Moderate. ATR14 at 2.80 (5.89% of price) reflects typical weekly ranges. Bollinger Bands (42.10 to 52.90) show price in the middle of the range, consistent with the consolidation theme.
- Volume
- Near average. Weekly volume is approximately 90% of the 20-week average, indicating typical participation. No extreme readings.
Assessment
The weekly chart shows a stock that has stabilized after a prior decline but has not yet confirmed a trend reversal. Price reclaiming SMA20 is a positive first step, but the declining SMA50 and SMA200 remind that the larger trend remains bearish until proven otherwise. The MACD histogram turning positive is a constructive early signal. A weekly close above SMA50 at 49.20 would mark a significant improvement in the weekly structure.
Key indicators
ELC Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 51.23 | 49.80 |
| MACD (12, 26, 9) | 0.15 / 0.08 / 0.07 | -0.20 / -0.35 / 0.15 |
| ATR (14) | 1.18 (2.47%) | 2.80 (5.89%) |
| Bollinger Bands (20, 2) | 44.80 - 50.40 | 42.10 - 52.90 |
| SMA (20) | 46.95 | 45.80 |
| SMA (50) | 46.30 | 49.20 |
| SMA (200) | 49.10 | 52.40 |
Price structure
ELC Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 47.82 | 47.50 |
| 1-Period Return | +0.63% | +1.28% |
| 5-Period Return | +2.75% | +4.10% |
| 20-Period Return | +3.80% | +7.50% |
| 60-Period Return | +8.20% | +12.30% |
| 252-Period Return | -5.40% | -15.80% |
| 52-Week Low | 38.20 | 38.20 |
| 52-Week High | 55.60 | 55.60 |
| 52-Week Position | 45.40% | 43.10% |
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 | 49.80 | 51.20 |
| 20-Period Low | 45.10 | 42.80 |
| 60-Period High | 51.30 | 55.60 |
| 60-Period Low | 43.50 | 38.20 |
Scenarios
ELC Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks above SMA200 at 49.10 on the daily chart with above-average volume, followed by a weekly close above SMA50 at 49.20.
Invalidation
Price falls back below SMA20 at 46.95 and breaks the 20-day low at 45.10.
What to watch
Daily RSI holding above 50; MACD histogram continuing to expand; weekly RSI crossing and holding above 50; volume expanding on upward moves.
Range-Bound
Trigger
Price oscillates between SMA20 support at 46.95 and SMA200 resistance at 49.10 with no clear directional breakout.
Invalidation
A decisive break above 49.10 or below 45.10 with volume confirmation.
What to watch
RSI staying between 45 and 55; MACD histogram fluctuating near zero; volume remaining at average levels.
Bearish
Trigger
Price breaks below SMA20 at 46.95 and the 20-day low at 45.10, re-entering the prior downtrend.
Invalidation
Price reclaims and holds above SMA20 at 46.95 with a higher low above 45.10.
What to watch
Daily RSI falling below 45; MACD histogram turning negative; volume increasing on down days; weekly structure deteriorating.
Methodology
Methodology and Limitations
This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (500 completed bars) ending July 17, 2026. The weekly analysis covers approximately 5 years (260 completed bars) ending the week of July 13, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.
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.
Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 17, 2026, weekly July 13, 2026 week. Generated July 18, 2026.
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