Free Point and Figure charts Electro Rent Corporation ELRC share NASDAQ Stock Exchange

Stock ELRC - Share Electro Rent Corporation trades in NASDAQ under Technology Deals in Diversified Commercial Services

Daily Support: 15.49
Daily Resistance: 15.51
5 Day Moving Average is 15.48
20 Day Moving Average is 16.25

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Date	Change	Open	Close	High	Low	Volume
Wed 10 Aug 2016	0.06%	15.49	15.50	15.50	15.48	7.14 times
Tue 09 Aug 2016	0%	15.51	15.49	15.51	15.48	2.87 times
Mon 08 Aug 2016	0.19%	15.48	15.49	15.51	15.47	5.87 times
Fri 05 Aug 2016	0%	15.50	15.46	15.50	15.46	6.51 times
Thu 04 Aug 2016	-0.32%	15.47	15.46	15.49	15.46	4.9 times
Wed 03 Aug 2016	0.26%	15.49	15.51	15.51	15.47	1.55 times
Tue 02 Aug 2016	0%	15.50	15.47	15.50	15.47	1.11 times
Mon 01 Aug 2016	0%	15.47	15.47	15.48	15.46	0.92 times
Fri 29 Jul 2016	0%	15.48	15.47	15.49	15.45	2.67 times
Thu 28 Jul 2016	0%	15.47	15.47	15.47	15.45	2.41 times

Point & Figure Charts for Electro Rent Corporation ELRC

Point and Figure charts are best suited to find trend and reversal points of a stock.

Point & Figure charts can be used by long term investors, or even by short term swing traders. All you have to do is switch the Point & Figure BOX setting and Point & Figure Reversal settings below for Electro Rent Corporation ELRC and you are good to go!

A swing trader can use 1% of the stocks current price as Point & Figure BOX, and the default 3 box as Reversal

A long term investor would be more comfortable with 2% to 5% Point and Figure BOX setting, and either 3 Box as Reversal, or 5 Box as Reversal

At MunafaSutra.com I use at least 250 data points to draw Point and Figure charts of Electro Rent Corporation ELRC stock.