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AMEX
NYSE
NASDAQ
Index
fx
ELA
AMEX
Envela
STAY LONG
Close
7.5600
Prev.Close
7.2900
Change
+0.2700
Change%
+3.70%
BEARISH DESCENDING HAWK
Bought at
5.5900
Open
7.3300
High
7.7300
Low
7.3250
Close
7.5600
Gain%
+35.24%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
$100⇨
08/04
5.5900
BUY
+35.2%
✔
120
07/30
5.7400
SHORT
-2.6%
✔
117
07/22
5.9750
BUY
-3.9%
❌
123
07/11
6.1600
SELL
-3.0%
✔
123
07/09
6.2200
BUY
-1.0%
❌
124
07/07
6.0000
SELL
+3.7%
❌
125
06/10
5.9698
BUY
+0.5%
✔
124
05/22
6.3500
SHORT
-6.0%
✔
118
05/16
6.4800
BUY
-2.0%
❌
121
05/06
6.8450
SELL
-5.3%
✔
121
05/02
6.6600
BUY
+2.8%
✔
118
04/30
6.3700
SELL
+4.6%
❌
118
04/22
6.1450
BUY
+3.7%
✔
114
04/08
6.2500
SELL
-1.7%
✔
114
03/20
5.4400
BUY
+14.9%
✔ 👍
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
$100⇨
08/04
5.5900
BUY
+35.2%
✔
229
07/30
5.7400
SHORT
-2.6%
✔
224
07/22
5.9750
BUY
-3.9%
❌
234
07/11
6.1600
SELL
-3.0%
✔
235
07/09
6.2200
BUY
-1.0%
❌
238
07/07
6.0000
SELL
+3.7%
❌
238
06/10
5.9698
BUY
+0.5%
✔
237
05/22
6.3500
SHORT
-6.0%
✔
225
05/16
6.4800
BUY
-2.0%
❌
230
05/06
6.8450
SELL
-5.3%
✔
231
05/02
6.6600
BUY
+2.8%
✔
225
04/30
6.3700
SELL
+4.6%
❌
225
04/22
6.1450
BUY
+3.7%
✔
218
04/08
6.2500
SELL
-1.7%
✔
218
03/20
5.4400
BUY
+14.9%
✔ 👍
190
02/20
6.6900
SHORT
-18.7%
✔
161
01/30
7.0300
BUY
-4.8%
❌
170
01/28
6.9800
SELL
+0.7%
❌
170
01/16
6.9100
BUY
+1.0%
✔
169
01/13
7.0800
SHORT
-2.4%
✔
166
01/06
7.4100
BUY
-4.5%
❌
174
12/18
7.5650
SELL
-2.0%
✔
174
12/11
7.1100
BUY
+6.4%
✔
164
12/06
7.0400
SELL
+1.0%
❌
165
11/27
6.6600
BUY
+5.7%
✔
156
11/25
6.4300
SELL
+3.6%
❌
156
11/05
5.3600
BUY
+20.0%
✔ 👍
131
10/30
5.2900
SELL
+1.3%
❌
131
10/28
5.3500
BUY
-1.1%
❌
133
10/14
5.2800
SHORT
+1.3%
❌
135
10/07
5.3400
BUY
-1.1%
❌
137
10/01
5.2300
SELL
+2.1%
❌
137
09/04
5.1000
BUY
+2.5%
✔
134
08/28
4.9510
SELL
+3.0%
❌
134
08/09
4.8700
BUY
+1.7%
✔
132
07/26
4.9100
SELL
-0.8%
✔
133
07/24
4.9600
BUY
-1.0%
❌
134
07/10
4.7200
SELL
+5.1%
❌
135
07/05
4.7400
BUY
-0.4%
❌
135
06/28
4.5700
SELL
+3.7%
❌
136
06/21
4.6300
BUY
-1.3%
❌
138
06/14
4.7200
SELL
-1.9%
✔
138
06/10
4.7200
BUY
0.0%
❌
138
06/04
4.5700
SELL
+3.3%
❌
139
05/31
4.6800
BUY
-2.4%
❌
142
05/21
4.4500
SELL
+5.2%
❌
143
05/17
4.6300
BUY
-3.9%
❌
149
05/10
4.4600
SHORT
+3.8%
❌
155
05/02
4.4800
BUY
-0.4%
❌
156
04/05
4.5300
SELL
-1.1%
✔
157
03/27
4.5200
BUY
+0.2%
✔
157
03/22
4.3300
SELL
+4.4%
❌
157
03/11
4.3600
BUY
-0.7%
❌
158
02/20
4.4700
SELL
-2.5%
✔
159
02/15
4.5300
BUY
-1.3%
❌
161
02/13
4.4700
SELL
+1.3%
❌
162
02/09
4.5900
BUY
-2.6%
❌
166
02/05
4.3700
SELL
+5.0%
❌
167
02/01
4.4400
BUY
-1.6%
❌
170
01/24
4.4500
SHORT
-0.2%
✔
170
01/22
4.3000
BUY
+3.5%
✔
165
01/11
4.5200
SHORT
-4.9%
✔
158
01/05
4.6200
BUY
-2.2%
❌
162
12/28
5.1320
SELL
-10.0%
✔
162
12/13
4.3800
BUY
+17.2%
✔ 👍
139
12/06
4.5100
SELL
-2.9%
✔
139
11/14
3.6300
BUY
+24.2%
✔ 👍
112
11/02
3.7600
SHORT
-3.5%
✔
109
10/31
3.9090
BUY
-3.8%
❌
114
10/13
4.2600
SHORT
-8.2%
✔
105
10/10
4.4300
BUY
-3.8%
❌
110
09/29
4.8000
SHORT
-7.7%
✔
103
09/25
5.0600
BUY
-5.1%
❌
108
08/25
5.5700
SHORT
-9.2%
✔
100
† Trade commissions are taken as 0.20%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to
STAY LONG
. The previous
BUY
signal was issued on 08/04/2025, 21 days ago, when the stock price was 5.5900. Since then,
ELA
has risen by
+35.24%
.
Market Outlook
The bulls have taken full control of the market. The negative sentiment that led to the last bearish pattern has dissipated. The current price is significantly distant from the confirmation level, greatly reducing the chances of a bearish confirmation. Besides, the signal is suggesting to
STAY LONG
. It is prudent to follow the signal and continue holding this security. The Delayed Intraday Module is OFF.
Pattern Description
This pattern features a small white candlestick enclosed within a preceding, relatively longer white candlestick. It resembles the Harami pattern, but with both candlesticks being white.
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