ELECTRA BATTERY MATERIALS CO (ELBM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:ELBM - CA28474P7065 - Common Stock
1.32 CAD
+0.03 (+2.33%)
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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, ELBM is a bad performer in the overall market: 99% of all stocks are doing better.
ELBM is part of the Metals & Mining industry. There are 813 other stocks in this industry, of which 92% are performing better than ELBM.
ELBM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ELBM has a been trading in the 1.07 - 1.41 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.
Although the technical rating is bad, ELBM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.16
1.52
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.24 to 1.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.17 to 1.18. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.40 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.46 from a horizontal line in the daily time frame.
- Resistance @1.50 from a horizontal 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 | 1.66 | NEGATIVE | ELBM.CA has a low relative strength, it was outperformed by 98.34% 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) | 51.18 | 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) | 80.31 | OVERBOUGHT | The high Stochastics value suggests ELBM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.48 | HIGH VOLATILITY | The high ATR as a percentage value for ELBM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 7.16 | NEGATIVE | The low ADX value for ELBM.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:ELBM (1/12/2026, 7:00:00 PM)
1.32
+0.03 (+2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.33%
1 Week4.76%
2 Weeks6.45%
1 Month-5.04%
3 Month-57.28%
6 Month-23.26%
12 Month-39.73%
2 Year-29.79%
3 Year-89.39%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%6.48%
ATR Inc-20.97%
Range Today0.05
ADR(20)0.08
ADR(20)%6.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.66
3 months CRS0.66
6 months CRS8.31
Mansfield-2.83
10 Day High1.35
10 Day Low1.07
20 Day High1.41
20 Day Low1.07
52 Week High7.75
52 Week Low1.04
CS1 End1.25
CR1 Start1.4
Volume & EV
DER(3)-5.99%
DER(5)0.38%
Volume137.63K
Volume Incr-25.05%
Vol(5)132.97K
Vol(50)366.79K
ELECTRA BATTERY MATERIALS CO / ELBM.CA FAQ
What is the technical rating for ELBM stock?
ChartMill assigns a technical rating of 0 / 10 to ELBM.CA.
Can you provide the trend direction for ELECTRA BATTERY MATERIALS CO?
The current trend direction for ELECTRA BATTERY MATERIALS CO (ELBM.CA) is Bearish.
What is the RSI signal for ELECTRA BATTERY MATERIALS CO (ELBM.CA) stock?
ELECTRA BATTERY MATERIALS CO (ELBM.CA) has an RSI value of 51.1786. This indicates that the stock is currently neutral.
What is the MACD signal for ELBM stock?
The MACD indicator for ELECTRA BATTERY MATERIALS CO (ELBM.CA) has a value of 0.0229676, indicating a bearish trend.