Country Icon

Echelon Corporation (ELON) - Buy, Sell or Hold?

Sector: Technology   Sub-Sector: Computer Communications Equipment
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Thu, 15 Jun 2017NoneHammerWed, 17 May 2017-11.8%
***Stock database and scans are updated around midnight (New York time) every trading day.
5.66 0.00 (0%) Jun 22 4:00pm EDT
Open: 5.70 Range: 5.24 - 5.80 Vol: 60.92K Avg Vol: 19.95K
EPS: -1.00 P/E ratio: 0.00 EBITDA: -4.46M Mkt Cap: 24.69M
Analyze "ELON" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 6.09
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 6.62
Last Trade is below the 50 day moving average at 6.29
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 5.40
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of ELON

Stock Trend Analysis - Buy, Sell or Hold "Echelon Corporation" (ELON)?

ELON is in a long term trading range with an upward bias. The last 52 weeks has seen this stock maintain an upward swing with about 63% of the time spent trading above the 200 day moving average. The 50 day moving average also indicates range bound trading but with a general bullish upside bias. Even the 20 day moving average is exhibiting similar bullish bias in a trading range. For adventurous traders, once a trading range is identified, a viable strategy is to short breakouts and buy breakdowns with the expectation ELON will return into the established trading range. However, a more conservative and higher probability trade is to still buy dips as the longer term trend is still up. A good place to accummulate longs is at the 200 SMA currently near 5.40. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "ELON".

The analyst consensus estimates for the 1 year price target for this stock is $12.50* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Thu, 15 Jun 2017
Technology Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
NOKNokia CorporationBuy, Sell or HoldTrading Levels & Pivots
DSGXThe Descartes Systems Group Inc.Buy, Sell or HoldTrading Levels & Pivots
TECDTech Data CorporationBuy, Sell or HoldTrading Levels & Pivots
SQNSSequans Communications S.A.Buy, Sell or HoldTrading Levels & Pivots
MSIMotorola, Inc.Buy, Sell or HoldTrading Levels & Pivots
RRRRSC Holdings Inc.Buy, Sell or HoldTrading Levels & Pivots
DCMNTT DOCOMO, IncBuy, Sell or HoldTrading Levels & Pivots
FISVFiserv, Inc.Buy, Sell or HoldTrading Levels & Pivots
ASGNOn Assignment, Inc.Buy, Sell or HoldTrading Levels & Pivots
RCIIRent-A-Center Inc.Buy, Sell or HoldTrading Levels & Pivots