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ELRC NEWS why is Electro Rent Corporation price falling or rising

ELRC NEWS reasons for why stock price of Electro Rent Corporation is falling or rising

ELRC Electro Rent is falling or rising technical reasons

Technical analysis forecast of Electro Rent Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Electro Rent ELRC at this time. Stock is rising and might rise more.

It appears as if Electro Rent ELRC gave a large move recently.

Stock of Electro Rent (ELRC) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Electro Rent is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 15.4, for a target of 15.4 or 15.36

ELRC Electro Rent is falling or rising NEWS fundamental reasons

More announcements and NEWS

ELRC Electro Rent Corporation current price & indicator signals

Moving Averages for Electro Rent Corporation

  • 5Day Average: 15.48
  • 12Day Average: 15.48
  • 20Day Average: 15.47
  • 50Day Average: 14.63
  • 100Day Average: 12.22
  • 150Day Average: 11.15

ELRC Indicators & signals

Indicator MACD (12,26,9)

15.47, 15.22, 0.34
Indicator MACD is in positive zone

Indicator ADX (14)

0, 77.78, 77.78
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 68
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ELRC Electro Rent Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Wed Aug 2016 15.50 15.48 to 15.50 0.06% 2.36 times
09 Tue Aug 2016 15.49 15.48 to 15.51 0% 0.95 times
08 Mon Aug 2016 15.49 15.47 to 15.51 0.19% 1.94 times
05 Fri Aug 2016 15.46 15.46 to 15.50 0% 2.15 times
04 Thu Aug 2016 15.46 15.46 to 15.49 -0.32% 1.62 times
03 Wed Aug 2016 15.51 15.47 to 15.51 0.26% 0.51 times
02 Tue Aug 2016 15.47 15.47 to 15.50 0% 0.37 times
01 Mon Aug 2016 15.47 15.46 to 15.48 0% 0.3 times
29 Fri Jul 2016 15.47 15.45 to 15.49 0% 0.88 times
28 Thu Jul 2016 15.47 15.45 to 15.47 0% 0.8 times
27 Wed Jul 2016 15.47 15.45 to 15.47 0.06% 0.48 times
26 Tue Jul 2016 15.46 15.45 to 15.48 0.06% 0.41 times

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ELRC NEWS why is Electro Rent Corporation price falling or rising

 

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