ELEMENT 29 RESOURCES INC (ECU.CA) Technical Analysis
TSX-V:ECU • CA28619M1059
Current stock price
1.13 CAD
-0.03 (-2.59%)
Last:
ECU.CA Technical Rating and Analysis
Overall ECU gets a technical rating of 7 out of 10. In the last year, ECU was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, ECU did better than 89% of all other stocks. We also observe that the gains produced by ECU over the past year are nicely spread over this period.
- ECU is one of the better performing stocks in the Metals & Mining industry, it outperforms 73% of 798 stocks in the same industry.
- ECU is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ECU is performing more or less in line with the market.
- In the last month ECU has a been trading in the 1.03 - 1.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ECU.CA Weekly and Daily overview Charts
ECU.CA Setup Rating and Analysis
ECU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.06, a Stop Loss order could be placed below this zone.
More info and screens
ECU.CA Support and Resistance Analysis
1.02
1.35
We found 2 important support areas.
- A support zone ranging from 1.05 to 1.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.03 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.28 from a horizontal line in the weekly time frame.
- Resistance @1.34 from a horizontal line in the daily time frame.
ECU.CA Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for ECU.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECU.CA is neutral. |
| ChartMill Relative Strength | 89.85 | POSITIVE | ECU.CA has a high relative strength, it outperformed 89.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECU.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ECU.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.77 | NEUTRAL | The RSI value for ECU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ECU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.27 | NEUTRAL | The Stochastics value for ECU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.43 | HIGH VOLATILITY | The high ATR as a percentage value for ECU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.91 | NEGATIVE | The low ADX value for ECU.CA suggests a weak or negative trend. |
ECU.CA Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ECU.CA Example Setup
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 |
|---|---|---|---|
| 1.18 | 1.04 | 0.14 (11.86%) | 8.43% |
| An entry @1.18. This is a Buy Stop order right above the resistance zone. | An exit @1.04. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 11.86%. | For a 1.00% total portfolio risk, you can invest 8.43% of your capital in this trade. |
- 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.
ECU.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:ECU (4/2/2026, 7:00:00 PM)
1.13
-0.03 (-2.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.59%
1 Week3.67%
2 Weeks-0.88%
1 Month-3.42%
3 Month-8.13%
6 Month66.18%
12 Month205.41%
2 Year606.25%
3 Year402.22%
5 Year209.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%7.43%
ATR Inc11.5%
Range Today0.04
ADR(20)0.08
ADR(20)%7.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.85
3 months CRS24.34
6 months CRS91.33
Mansfield4.08
10 Day High1.25
10 Day Low1.04
20 Day High1.33
20 Day Low1.03
52 Week High1.4
52 Week Low0.29
CS1 End1.06
CR1 Start1.16
Volume & EV
DER(3)-8.81%
DER(5)-26.09%
Volume24.74K
Volume Incr-59.4%
Vol(5)36.02K
Vol(50)77.98K
ELEMENT 29 RESOURCES INC / ECU.CA TA FAQ
Can you provide the ChartMill technical rating for ELEMENT 29 RESOURCES INC?
ChartMill assigns a technical rating of 7 / 10 to ECU.CA.
Can you provide the trend direction for ELEMENT 29 RESOURCES INC?
The current trend direction for ELEMENT 29 RESOURCES INC (ECU.CA) is Bullish.
What is the RSI signal for ECU stock?
ELEMENT 29 RESOURCES INC (ECU.CA) has an RSI value of 48.7735. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ELEMENT 29 RESOURCES INC?
The short term momentum for ELEMENT 29 RESOURCES INC (ECU.CA) is neutral.