ELECTRA BATTERY MATERIALS CO (ELBM) Technical Analysis
NASDAQ:ELBM • CA28474P7065
Current stock price
ELBM Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ELBM. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 93% of all other stocks performed better in the past year than ELBM.
- ELBM is part of the Metals & Mining industry. There are 158 other stocks in this industry, of which 85% are performing better than ELBM.
- ELBM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ELBM is lagging the market.
- In the last month ELBM has a been trading in the 0.50 - 0.77 range, which is quite wide. It is currently trading near the lows of this range.
- ELBM has an average volume of 1066960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
ELBM Weekly and Daily overview Charts
ELBM Setup Rating and Analysis
The technical rating of ELBM is bad and it also does not present a 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
ELBM Support and Resistance Analysis
ELBM 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 | DOWN | NEGATIVE | The long term trend for ELBM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELBM is down. |
| ChartMill Relative Strength | 7.72 | NEGATIVE | ELBM has a low relative strength, it was outperformed by 92.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELBM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELBM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELBM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.21 | NEUTRAL | The RSI value for ELBM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ELBM has a positive trend. |
| Stochastics (14,3) | 38.93 | NEUTRAL | The Stochastics value for ELBM is a neutral value. |
| Average True Range in percent/ATR (20) | 8.45 | HIGH VOLATILITY | The high ATR as a percentage value for ELBM suggests high volalility. |
| Average Directional Index/ADX (14) | 36.8 | POSITIVE | The high ADX value value for ELBM suggests a strong trend. |
ELBM Chart- and CandleStick Pattern Analysis
ELBM Technicals: Chart, Performance Metrics, Trend & Indicators
0.592
+0.01 (+1.89%)
ELECTRA BATTERY MATERIALS CO / ELBM TA FAQ
What is the technical rating for ELBM stock?
ChartMill assigns a technical rating of 0 / 10 to ELBM.
Can you provide the trend direction for ELECTRA BATTERY MATERIALS CO?
The current trend direction for ELECTRA BATTERY MATERIALS CO (ELBM) is Bearish.
Can you provide the RSI signal for ELECTRA BATTERY MATERIALS CO?
ELECTRA BATTERY MATERIALS CO (ELBM) has an RSI value of 42.211. This indicates that the stock is currently neutral.
What is the short term momentum for ELECTRA BATTERY MATERIALS CO (ELBM) stock?
The short term momentum for ELECTRA BATTERY MATERIALS CO (ELBM) is negative.