ELIS saw its Stochastic Oscillator recovers from the overbought zone
The Stochastic Oscillator for ELIS moved out of overbought territory on February 02, 2026. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 10 similar instances where the indicator exited the overbought zone. In of the 10 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 30, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on ELIS as a result. In of 14 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ELIS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ELIS broke above its upper Bollinger Band on January 15, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for ELIS entered a downward trend on January 20, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
ELIS moved above its 50-day moving average on January 27, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ELIS advanced for three days, in of 35 cases, the price rose further within the following month. The odds of a continued upward trend are .