ELIS in -1.68% downward trend, sliding for three consecutive days on October 24, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where ELIS declined for three days, in of 35 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 7 cases where ELIS's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
ELIS moved below its 50-day moving average on September 30, 2025 date and that indicates a change from an upward trend to a downward trend.
The Aroon Indicator for ELIS entered a downward trend on September 26, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ELIS's RSI Indicator exited the oversold zone, of 1 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on October 15, 2025. You may want to consider a long position or call options on ELIS as a result. In of 9 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for ELIS just turned positive on October 16, 2025. Looking at past instances where ELIS's MACD turned positive, the stock continued to rise in of 3 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ELIS advanced for three days, in of 19 cases, the price rose further within the following month. The odds of a continued upward trend are .
ELIS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.