sharecast

{{ storiesRelated.title }}

Elementis (ELM)

137.20p

15:35 22/04/21

  • 4.24% 5.60p
  • Today's Low & High
  • 130.70 / 137.40
  • Open / Previous Close
  • 133.30 / 132.00
  • 52-week range
  • 114.83% 73.55p
  • Volume
  • 1,030,183
  • Market Cap(million)
  • £796.86m

137.30p REAL TIME BATS

  • 16:30 22/04/21
  • 4.49%
  • 5.90p

Technical Analysis

Support and resistance levels

S1

126.28
-8.23%

R1

149.10
8.36%

S2

120.00
-12.79%

R2

162.90
18.39%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 133.00
  • 128.40
  • Levels of negotiation support resistance
  • 139.90
  • 142.20

Technical situation

Monitor critical support in 126.275, weakness below.

Recommendation

Short term comment

Phase, in the price curve, of type bullish but very close to the support and critical area that today generates the upward guideline in 126.275 levels. The 126.275 - 120 range represents an area of ??greater neutrality, so the loss of 126.275 would prevent a bullish rating.

Long term comment

As a reaction to the 402.6% prior revaluation, there is a moderate downward reaction, starting in september 2020 at 85.359, and ending at the low of 59.050 (20-october-2020). The current rise has exceeded the previous highs, at 85.359, reaching at the moment 165.776 (19-april-2021) with no sign of weakness.

Indicator Previous Current Signal Comment
RSI 7 58.90 71.90 The RSI does not warn of overbought or oversold.
RSI 14 58.40 65.80 The RSI does not warn of overbought or oversold.
RSI 21 57.40 62.60 The RSI does not warn of overbought or oversold.
RSI 50 56.80 59.10 The RSI does not warn of overbought or oversold.
RSI 200 53.00 53.60 The RSI does not warn of overbought or oversold.
Fast Stochastic n/a n/a Indicator in intermediate zone, with no sign of exhaustion.
Slow Stochastic n/a n/a Indicator in intermediate zone, with no sign of exhaustion.
Simple Moving Average 7 132.40 133.97 Very short term trend bullish.
Simple Moving Average 21 126.70 127.34 Bullish trend in the short-medium term.
Simple Moving Average 50 126.55 126.93 Bullish medium term trend.
Simple Moving Average 200 99.38 99.75 Extremely bullish in the long-term trend.
Exponential Moving Average 7 131.86 133.29 Very short term trend bullish.
Exponential Moving Average 21 128.36 129.20 Bullish trend in the short-medium term.
Exponential Moving Average 50 125.06 125.55 Bullish medium term trend.
Exponential Moving Average 200 108.91 109.20 Long-term bullish.
MACD Line -2.20 -2.50 Price in uptrend.
MACD Signal -1.40 -1.70 Price in uptrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 131.86 133.29 Very short term trend bullish.
Double Exponential Moving Average 21 128.36 129.20 Bullish trend in the short-medium term.
Double Exponential Moving Average 50 125.06 125.55 Bullish medium term trend.
Double Exponential Moving Average 200 108.91 109.20 Long-term bullish.
Divergences n/a n/a NO
On Balance Vol. 105,854,505.00 107,963,478.00 OBV supports recoveries.
Momentum 7 5.40 7.60 Upload speed in the very short term is extremely fast.
Momentum 7 6.50 12.10 Upload speed in the very short term is extremely fast.
% K Williams 70.00 58.40 Neutral, does not support price spin.
Priority Date Notification
23/04/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
22/04/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
22/04/2021 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
22/04/2021 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
21/04/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
20/04/2021 The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
20/04/2021 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
20/04/2021 Fast Stochastic bearish signal. The weakness in the previous close indicates the possibility of suffering from downside momentum after a more positive recent phase.
19/04/2021 The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
19/04/2021 Fast Stochastic bearish signal. The weakness in the previous close indicates the possibility of some fresh selling after a more positive recent phase.
16/04/2021 Some weakness showed at the fast stochastics may kept a lid on any meaningful positive move.