ELEMENT 29 RESOURCES INC (ECU.CA) Stock Technical Analysis
Canada - TSX-V:ECU - CA28619M1059 - Common Stock
0.58 CAD
-0.02 (-3.33%)
Overall ECU gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ECU has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ECU did better than 88% of all other stocks.
ECU is one of the better performing stocks in the Metals & Mining industry, it outperforms 70% of 807 stocks in the same industry.
ECU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ECU is lagging the market slightly.
In the last month ECU has a been trading in the 0.47 - 0.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although ECU has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.33
0.59
When analyzing the support we can see 4 important areas.
- Support @0.50 from a trend line in the daily time frame.
- A support zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.36 from a trend line in the weekly time frame.
- Support @0.33 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for ECU.CA is up. |
| ChartMill Relative Strength | 88.06 | POSITIVE | ECU.CA has a high relative strength, it outperformed 88.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECU.CA is above the rising 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) | 59.66 | NEUTRAL | The RSI value for ECU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ECU.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.73 | NEUTRAL | The Stochastics value for ECU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for ECU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.37 | NEGATIVE | The low ADX value for ECU.CA suggests a weak or negative trend. |
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)
TSX-V:ECU (9/15/2025, 7:00:00 PM)
0.58
-0.02 (-3.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.33%
1 Week3.57%
2 Weeks16%
1 Month16%
3 Month5.45%
6 Month41.46%
12 Month132%
2 Year286.67%
3 Year110.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%4.48%
ATR Inc5%
Range Today0.04
ADR(20)0.02
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.06
Mansfield1.11
10 Day High0.68
10 Day Low0.5
20 Day High0.68
20 Day Low0.47
52 Week High0.69
52 Week Low0.24
CS1 End0.5
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume112.00K
Volume Incr80.95%
Vol(5)114.96K
Vol(50)82.75K