Technical Analysis for ELWS - Earlyworks Co., Ltd.

Grade Last Price % Change Price Change
F 0.59 -5.90% -0.04
ELWS closed down 5.9 percent on Friday, September 22, 2023, on 40 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong N/A N/A Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Spinning Top Other -5.90%
Narrow Range Bar Range Contraction -5.90%

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Profile

Earlyworks Co., Ltd. operates as a blockchain-based technology company in Japan. The company builds products, deliver services, and develop solutions based on its proprietary Grid Ledger System to leverage blockchain technology in various business settings, including advertisement tracking, online visitor management, and sales of non-fungible tokens. It serves the information technology, shipping, real estate, entertainment, cosmetics, and chemical products sectors. The company was incorporated in 2018 and is based in Tokyo, Japan.
Classification

Sector: Technology
Industry: Software - Application
Keywords: Cryptocurrency Bitcoin Blockchain Decentralization Blockchain Technology Non Fungible Token

Is ELWS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 4.23
52 Week Low 0.5701
Average Volume 293,736
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 1.21
10-Day Moving Average 1.01
Average True Range 0.17
RSI (14) 14.53
ADX 50.66
+DI 9.31
-DI 40.97
Chandelier Exit (Long, 3 ATRs) 1.14
Chandelier Exit (Short, 3 ATRs) 1.08
Upper Bollinger Bands 1.86
Lower Bollinger Band 0.56
Percent B (%b) 0.02
BandWidth 107.06
MACD Line -0.29
MACD Signal Line -0.23
MACD Histogram -0.0607
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.66
Resistance 3 (R3) 0.67 0.64 0.65
Resistance 2 (R2) 0.64 0.62 0.64 0.65
Resistance 1 (R1) 0.62 0.61 0.61 0.61 0.64
Pivot Point 0.59 0.59 0.59 0.59 0.59
Support 1 (S1) 0.57 0.57 0.57 0.57 0.54
Support 2 (S2) 0.54 0.56 0.54 0.53
Support 3 (S3) 0.52 0.54 0.53
Support 4 (S4) 0.52