Technical Analysis for ELP - Companhia Paranaense de Energia (COPEL)

Grade Last Price % Change Price Change
grade A 8.998 2.95% 0.26
ELP closed down 2.56 percent on Wednesday, January 16, 2019, on approximately normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical ELP trend table...

Date Alert Name Type % Chg
Jan 16 Overbought Stochastic Strength 2.95%
Jan 15 NR7 Range Contraction 0.31%
Jan 15 Inside Day Range Contraction 0.31%
Jan 15 Overbought Stochastic Strength 0.31%
Jan 14 New 52 Week Closing High Bullish -1.88%
Jan 14 New Uptrend Bullish -1.88%
Jan 14 New 52 Week High Strength -1.88%
Jan 14 Upper Bollinger Band Walk Strength -1.88%
Jan 14 Above Upper BB Strength -1.88%
Jan 14 Overbought Stochastic Strength -1.88%

Older signals for ELP ...

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Profile
Companhia Paranaense de Energia - COPEL engages in the generation, transmission, distribution, and sale of electricity primarily to industrial, residential, commercial, and rural customers primarily in the State of Paraná, Brazil. As of December 31, 2012, the company operated 18 hydroelectric plants, 1 wind plant, and 1 thermoelectric plant with a total installed capacity of 4,737.1 megawatts; and owned and operated 2,023.3 kilometers of transmission lines and 186,365.2 kilometers of distribution lines. It holds concessions to distribute electricity in 394 municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. The company also provides corporate telecommunication services and international long-distance services to 3,141 corporate clients, including supermarkets, universities, banks, Internet service providers, and television networks; and broadband Internet access to public elementary and middle schools. In addition, it supplies piped gas to 16,405 customers, including thermoelectric plants, cogeneration plants, gas stations, other businesses, and residences through a gas distribution network covering 602 kilometers in the State of Paraná. Companhia Paranaense de Energia – COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.
Is ELP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 9.3
52 Week Low 4.7
Average Volume 565,787
200-Day Moving Average 6.5908
50-Day Moving Average 8.0214
20-Day Moving Average 8.2925
10-Day Moving Average 8.634
Average True Range 0.2764
ADX 26.33
+DI 32.7836
-DI 18.8734
Chandelier Exit (Long, 3 ATRs ) 8.470800000000001
Chandelier Exit (Short, 3 ATRs ) 8.2792
Upper Bollinger Band 9.1599
Lower Bollinger Band 7.4251
Percent B (%b) 0.76
BandWidth 20.920109
MACD Line 0.2611
MACD Signal Line 0.1986
MACD Histogram 0.0625
Fundamentals Value
Market Cap 2.39 Billion
Num Shares 274 Million
EPS 0.44
Price-to-Earnings (P/E) Ratio 19.86
Price-to-Sales 0.56
Price-to-Book 0.47
PEG Ratio 3.39
Dividend 0.27
Dividend Yield 3.09%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.10
Resistance 3 (R3) 9.13 9.05 9.04
Resistance 2 (R2) 9.05 8.95 9.03 9.02
Resistance 1 (R1) 8.89 8.90 8.85 8.86 9.00
Pivot Point 8.81 8.81 8.79 8.79 8.81
Support 1 (S1) 8.65 8.71 8.61 8.62 8.48
Support 2 (S2) 8.57 8.66 8.55 8.46
Support 3 (S3) 8.41 8.57 8.44
Support 4 (S4) 8.38