ELECTRA BATTERY MATERIALS CO (ELBM.CA) Stock Technical Analysis
TSX-V:ELBM - TSX Venture Exchange - CA28474P7065 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to ELBM. ELBM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still 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.
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.
When comparing the performance of all stocks over the past year, ELBM turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
ELBM is an average performer in the Metals & Mining industry, it outperforms 41% of 797 stocks in the same industry.
In the last month ELBM has a been trading in the 1.53 - 1.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ELBM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.55, a Stop Loss order could be placed below this zone.
More info and screens
1.37
3.84
We found 2 important support areas.
- A support zone ranging from 1.53 to 1.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.38 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @1.70 from a trend line in the daily time frame.
- Resistance @1.75 from a horizontal line in the weekly time frame.
- Resistance @1.79 from a horizontal line in the daily time frame.
- Resistance @3.80 from a horizontal 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 | 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 | 43.86 | NEUTRAL | ELBM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELBM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELBM.CA is above the rising 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) | 56.54 | NEUTRAL | The RSI value for ELBM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ELBM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.04 | NEUTRAL | The Stochastics value for ELBM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.12 | HIGH VOLATILITY | The high ATR as a percentage value for ELBM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.52 | NEUTRAL | The ADX value for ELBM.CA suggests a possible start of a new 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 (8/8/2025, 7:00:00 PM)
1.69
+0.06 (+3.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.68%
1 Week5.63%
2 Weeks-4.52%
1 Month9.03%
3 Month16.55%
6 Month-34.24%
12 Month-3.98%
2 Year-58.98%
3 Year-90.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%5.12%
ATR Inc28.33%
Range Today0.12
ADR(20)0.09
ADR(20)%5.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.86
Mansfield-3.09
10 Day High1.8
10 Day Low1.53
20 Day High1.8
20 Day Low1.53
52 Week High3.8
52 Week Low1.26
CS1 End1.55
CR1 Start1.7
Volume & EV
DER(3)-13.38%
DER(5)-14.88%
Volume58.63K
Volume Incr-25.45%
Vol(5)27.54K
Vol(50)32.31K