ELECTRA BATTERY MATERIALS CO (ELBM.CA) Stock Technical Analysis
Canada - TSX-V:ELBM - CA28474P7065 - Common Stock
1.3 CAD
-0.08 (-5.8%)
Overall ELBM gets a technical rating of 0 out of 10. ELBM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
97% of all other stocks performed better in the past year than ELBM.
ELBM is one of the lesser performing stocks in the Metals & Mining industry. 90% of 807 stocks in the same industry do better.
ELBM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month ELBM has a been trading in the 1.04 - 1.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ELBM has a poor technical rating and the quality of the setup is also not perfect 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
1.15
1.53
When analyzing the support we notice one important area.
- A support zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @1.38 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.41 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.51 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for ELBM.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELBM.CA is neutral. |
| ChartMill Relative Strength | 3.85 | NEGATIVE | ELBM.CA has a low relative strength, it was outperformed by 96.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ELBM.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELBM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELBM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48 | NEUTRAL | The RSI value for ELBM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ELBM.CA has a positive trend. |
| Stochastics (14,3) | 22.99 | NEUTRAL | The Stochastics value for ELBM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.85 | HIGH VOLATILITY | The high ATR as a percentage value for ELBM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 41.8 | POSITIVE | The high ADX value value for ELBM.CA suggests a strong 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:ELBM (9/17/2025, 7:00:00 PM)
1.3
-0.08 (-5.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.8%
1 Week8.33%
2 Weeks8.33%
1 Month-8.45%
3 Month-10.96%
6 Month-27.78%
12 Month-62.21%
2 Year-61.31%
3 Year-91.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%8.85%
ATR Inc117.65%
Range Today0.12
ADR(20)0.11
ADR(20)%8.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.85
Mansfield-4.25
10 Day High1.75
10 Day Low1.17
20 Day High1.75
20 Day Low1.04
52 Week High3.72
52 Week Low1.04
CS1 End1.17
CR1 Start1.38
Volume & EV
DER(3)-0.83%
DER(5)-2.27%
Volume70.56K
Volume Incr363.79%
Vol(5)262.19K
Vol(50)66.85K