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ELYCallaway Golf Company

NYSEDaily chart
Range low retest · 16 Dec 2024

ELY slipped below its $9.05 – $11.41 range and came back to test the low on 16 Dec 2024.

Range low
$9.05
support
Range high
$11.41
26% above the low
In the range since
Sept 2024
5 mo
Close on retest day
$7.94
12% below the range low
  • Previous range $9.24 – $13.00 lasted 6 mo and broke upward at $18.00.
  • 9 sideways ranges found since 2021.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
19 Nov 202511 May 2026 · 6 moBroke above the range at $18.00—
11 Aug 202528 Nov 2025 · 4 moBroke above the range at $13.00—
6 Feb 20253 Jul 2025 · 5 moBroke above the range at $9.38—
5 Sept 20243 Feb 2025 · 5 moBroke below the range at $7.6016 Dec 2024
14 Mar 202412 Sept 2024 · 6 moBroke below the range at $9.05—
13 Nov 20234 Apr 2024 · 5 moBroke above the range at $16.75—
3 Nov 20221 Nov 2023 · 1 yrBroke below the range at $11.59—
3 Mar 202221 Oct 2022 · 8 moBroke below the range at $16.80—
16 Nov 20218 Mar 2022 · 4 moBroke below the range at $20.45—

Retest signals

  • 16 Dec 2024 · 3 mo into the range

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.