EAST AFRICA METALS INC (EAM.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:EAM • CA2704101039
Taking everything into account, EAM scores 6 out of 10 in our technical rating. EAM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- EAM is part of the Metals & Mining industry. There are 814 other stocks in this industry, of which 79% are performing better than EAM.
- In the last month EAM has a been trading in the 0.10 - 0.14 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, EAM turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
- EAM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EAM is lagging the market.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, EAM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.12, a Stop Loss order could be placed below this zone.
More info and screens
0.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EAM.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EAM.CA is neutral. |
| ChartMill Relative Strength | 43.65 | NEUTRAL | EAM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EAM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EAM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EAM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.38 | NEUTRAL | The RSI value for EAM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EAM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.86 | NEUTRAL | The Stochastics value for EAM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.81 | HIGH VOLATILITY | The high ATR as a percentage value for EAM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.64 | NEGATIVE | The low ADX value for EAM.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.15 | 0.11 | 0.04 (26.67%) | 3.75% |
| An entry @0.15. This is a Buy Stop order right above the resistance zone. | An exit @0.11. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.04 points, which is 26.67%. | When investing 3.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:EAM (2/4/2026, 7:00:00 PM)
0.13
+0.01 (+8.33%)
EAST AFRICA METALS INC / EAM.CA FAQ
What is the ChartMill technical rating of EAST AFRICA METALS INC (EAM.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to EAM.CA.
Can you provide the trend direction for EAST AFRICA METALS INC?
The current trend direction for EAST AFRICA METALS INC (EAM.CA) is Bearish.
What is the RSI signal for EAM stock?
EAST AFRICA METALS INC (EAM.CA) has an RSI value of 55.3838. This indicates that the stock is currently neutral.
What is the MACD signal for EAST AFRICA METALS INC (EAM.CA) stock?
The MACD indicator for EAST AFRICA METALS INC (EAM.CA) has a value of -0.000456229, indicating a bearish trend.
What are the support and resistance levels for EAST AFRICA METALS INC (EAM.CA) stock?
EAST AFRICA METALS INC (EAM.CA) has a support level at 0.12 and a resistance level at 0.14. Check the full technical report for our detailed analysis of EAM.CA support and resistance levels.