ELLO Stock Tickeron detected bearish Stock Pattern: Triple Tops on May 16, 2025

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Triple Tops

ELLO - Ellomay Capital Ltd

Emerged: 05/16/25

Breakout: $15

Price: $15.79

Target price: $14.16

A.I.dvisor detected a bearish Triple Tops pattern for ELLO stock. This pattern was detected on May 16, 2025 . The odds of reaching the target price are . The Triple Tops pattern appears when there are three distinct minor Highs (1, 3, 5) at about the same price level. The security is testing the upper resistance level (horizontal line formed by (1, 3, 5). Consider selling the security short or buying a put option at a downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout level.

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General Information

a company which engages in the investment of energy and infrastructure sectors

Industry AlternativePowerGeneration

Profile

Fundamentals

Details

Industry

Industrial Machinery

Address

18 Rothschild Boulevard

Phone

+972 37971111

Employees

Web

https://www.ellomay.com