RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ELSE
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Weaker technical forecast for Electro-Sensors as stock downgraded to Sell Candidate.
(Updated on Jun 18, 2024)

Sell candidate since Jun 18, 2024 PDF

The Electro-Sensors stock price fell by -2.96% on the last day (Tuesday, 18th Jun 2024) from $4.05 to $3.93. During the last trading day the stock fluctuated 2.04% from a day low at $3.93 to a day high of $4.01. The price has fallen in 4 of the last 10 days and is down by -3.2% for this period. Volume has increased on the last day by 4 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 5 thousand shares were bought and sold for approximately $20.66 thousand.

The stock has broken the falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($3.93) are considered to be a "second chance" to get out. According to the fan-theory $3.67 will represent the new bottom line of the next trend, but it is far too early to say this for certain.

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ELSE Signals & Forecast

There are few to no technical positive signals at the moment. The Electro-Sensors stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $4.04 and $4.07. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 03, 2024, and so far it has fallen -7.53%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Electro-Sensors gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation

Support, Risk & Stop-loss for Electro-Sensors stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0800 between high and low, or 2.04%. For the last week the stock has had daily average volatility of 0.703%.

Electro-Sensors is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ELSE) For The Upcoming Trading Day Of Thursday 20th

For the upcoming trading day on Thursday, 20th we expect Electro-Sensors to open at $3.96, and during the day (based on 14 day Average True Range), to move between $3.87 and $3.99, which gives a possible trading interval of +/-$0.0601 (+/-1.53%) up or down from last closing price. If Electro-Sensors takes out the full calculated possible swing range there will be an estimated 3.06% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $4.01, some $0.0800 (2.04%) from the current price of $3.93, our system finds the risk reward not very attractive.

Is Electro-Sensors stock A Buy?

Electro-Sensors holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -4.743 Sell Candidate Downgraded

Predicted Opening Price for Electro-Sensors of Thursday, June 20, 2024

Fair opening price June 20, 2024 Current price
$3.96 ( 0.679%) $3.93

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ELSE

Fibonacci Support & Resistance Levels

Level Price
R3 4.04 2.71%
R2 4.01 1.94%
R1 3.99 1.46%
Price 3.93
S1 3.93 -0.0991%
S2 3.91 -0.579%
S3 3.88 -1.36%

Accumulated Volume Support & Resistance Levels

Level Price
R3 4.20 6.87%
R2 4.06 3.31%
R1 4.01 2.04%
Price 3.93
S1 0 -
S2 0 -
S3 0 -

ELSE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 25, 2013 May 08, 2013 May 24, 2013 $0.0400 0.94%
2 Jan 23, 2013 Feb 06, 2013 Feb 22, 2013 $0.0400 1.02%
3 Oct 17, 2012 Oct 31, 2012 Nov 16, 2012 $0.0400 1.08%
4 Jul 18, 2012 Aug 01, 2012 Aug 17, 2012 $0.0400 1.00%
5 Apr 19, 2012 May 02, 2012 May 18, 2012 $0.0400 0.99%

FAQ

What is the symbol for Electro-Sensors Stock and on which exchange is it traded?
The symbol for Electro-Sensors is ELSE and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Electro-Sensors Stock?
Electro-Sensors holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Electro-Sensors Stock?
Electro-Sensors Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Electro-Sensors Stock.

What's the current price of Electro-Sensors Stock?
As of the end of day on the Jun 18, 2024, the price of an Electro-Sensors (ELSE) share was $3.93.

What is the 52-week high and low for Electro-Sensors Stock?
The 52-week high for Electro-Sensors Stock is $4.48 and the 52-week low is $3.65.

What is the market capitalization of Electro-Sensors Stock?
As of the Jun 18, 2024, the market capitalization of Electro-Sensors is 13.883M.

When is the next earnings date for Electro-Sensors?
The upcoming earnings date for Electro-Sensors is Aug 08, 2024.
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About Electro-Sensors

Electro-Sensors Electro-Sensors, Inc. engages in the manufacture and sale of industrial production monitoring and process control systems. The company manufactures and sells various monitoring and control systems that measure machine production and operation rates, as well as regulate the speed of related machines in production processes. Its speed monitoring systems include a line of products that measure production counts or rates, such as parts, gallons, or b... ELSE Profile

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