RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ELCO.L
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Elcom International, Inc stock price ended at £92.65 on Wednesday, after gaining 0.162%.
(Updated on Mar 27, 2024)

Buy candidate since Mar 11, 2024 Gain 0.16% PDF

The Elcom International, Inc stock price gained 0.162% on the last trading day (Wednesday, 27th Mar 2024), rising from £92.50 to £92.65. During the last trading day the stock fluctuated 1.64% from a day low at £91.30 to a day high of £92.80. The price has been going up and down for this period, and there has been a 0.16% gain for the last 2 weeks. Volume fell on the last day by -19 thousand shares and in total, 3 thousand shares were bought and sold for approximately £297.13 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.76% during the next 3 months and, with a 90% probability hold a price between £93.48 and £109.35 at the end of this 3-month period.

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ELCO.L Signals & Forecast

The Elcom International, Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at £92.25 and £90.03. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 8.36%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Elcom International, Inc stock

Elcom International, Inc finds support from accumulated volume at £92.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved £1.50 between high and low, or 1.64%. For the last week the stock has had daily average volatility of 1.24%.

Our recommended stop-loss: £88.05 (-4.96%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 20 days ago.)

Trading Expectations (ELCO.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Elcom International, Inc to open at £92.25, and during the day (based on 14 day Average True Range), to move between £90.51 and £94.79, which gives a possible trading interval of +/-£2.14 (+/-2.31%) up or down from last closing price. If Elcom International, Inc takes out the full calculated possible swing range there will be an estimated 4.63% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £92.50 (0.16%) than the resistance at £93.00 (0.38%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Elcom International, Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Elcom International, Inc stock to perform well in the short-term.

Current score: 3.675 Buy Candidate Unchanged

Predicted Opening Price for Elcom International, Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£92.25 ( 0.431%) £92.65

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

Trading levels for ELCO.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 93.75 1.19 %
R2 93.18 0.568 %
R1 92.82 0.187 %
Current price: 92.65
Support S1 91.68 -1.05 %
S2 91.33 -1.43 %
S3 90.75 -2.05 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 97.00 4.70 %
R2 94.00 1.46 %
R1 93.00 0.378 %
Current price 92.65
Support S1 92.50 -0.162%
S2 83.50 -9.88%
S3 81.33 -12.22%

ELCO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 18, 2023 May 18, 2023 May 18, 2023 £0.580 0.707%
2 Sep 13, 2022 Sep 22, 2022 Oct 07, 2022 £0.200 0.315%
3 Apr 14, 2022 Jun 01, 2022 Jun 20, 2022 £0.400 0.530%
4 May 26, 2022 May 26, 2022 May 26, 2022 £0.400 0.449%
5 Sep 15, 2021 Sep 23, 2021 Oct 22, 2021 £0.200 0.179%

FAQ

What is the symbol for Elcom International, Inc Stock and on which exchange is it traded?
The symbol for Elcom International, Inc is ELCO.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Elcom International, Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Elcom International, Inc stock to perform well in the short-term.

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

What's the current price of Elcom International, Inc Stock?
As of the end of day on the 2024-03-27, the price of an Elcom International, Inc (ELCO.L) share was £92.65.

What is the 52-week high and low for Elcom International, Inc Stock?
The 52-week high for Elcom International, Inc Stock is £99.00 and the 52-week low is £72.00.

What is the market capitalization of Elcom International, Inc Stock?
As of the 2024-03-27, the market capitalization of Elcom International, Inc is 77.092M.

When is the next earnings date for Elcom International, Inc?
The upcoming earnings date for Elcom International, Inc is Sep 10, 2024.
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About Elcom International, Inc

Elcom International Eleco Plc provides software and related services in the United Kingdom, Scandinavia, Germany, the rest of Europe, the United States, and internationally. The company offers CAD architecture software under the Arcon Evo; Bidcon, a construction estimating software; IconSystem, a cloud-based collaborative building information management software to record, specify, design, and manage building data; Interiorstudio, a room configuration and visualizat... ELCO.L Profile

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