ELECTRA BATTERY MATERIALS CO (ELBM) Stock Technical Analysis
NASDAQ:ELBM - Nasdaq - CA28474P7065 - Common Stock - Currency: USD
Overall ELBM gets a technical rating of 4 out of 10. In the past year, ELBM was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
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.
ELBM is one of the lesser performing stocks in the Metals & Mining industry. 69% of 157 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.
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 48% of all stocks.
In the last month ELBM has a been trading in the 1.07 - 1.32 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 only medium, ELBM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.10, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ELBM in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.97
1.30
We found 2 important support areas.
- A support zone ranging from 1.07 to 1.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.98 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.29 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for ELBM is neutral. |
| ChartMill Relative Strength | 48.46 | NEUTRAL | ELBM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ELBM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELBM is above the rising 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) | 52.97 | NEUTRAL | The RSI value for ELBM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ELBM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.82 | NEUTRAL | The Stochastics value for ELBM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.85 | HIGH VOLATILITY | The high ATR as a percentage value for ELBM suggests high volalility. |
| Average Directional Index/ADX (14) | 29.93 | POSITIVE | The high ADX value value for ELBM 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)
NASDAQ:ELBM (8/7/2025, 4:30:02 PM)
1.195
+0.05 (+4.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.37%
1 Week3.46%
2 Weeks-7.72%
1 Month3.91%
3 Month14.35%
6 Month-33.98%
12 Month-7.22%
2 Year-60.45%
3 Year-91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%5.85%
ATR Inc8.17%
Range Today0.09
ADR(20)0.07
ADR(20)%5.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.46
Mansfield-3.14
10 Day High1.31
10 Day Low1.07
20 Day High1.32
20 Day Low1.07
52 Week High2.83
52 Week Low0.91
CS1 End1.1
CR1 Start1.21
Volume & EV
DER(3)6.47%
DER(5)-2.91%
Volume158.05K
Volume Incr-22.24%
Vol(5)97.32K
Vol(50)346.95K