ELECTRA BATTERY MATERIALS CO (ELBM) Technical Analysis
NASDAQ:ELBM • CA28474P7065
Overall ELBM gets a technical rating of 0 out of 10. ELBM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 93% 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. 89% of 157 stocks in the same industry do better.
- ELBM is currently making a new 52 week low. This is a very bad signal. 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 0.67 - 0.94 range, which is quite wide. It is currently trading near the lows of this range.
- ELBM has an average volume of 1151320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
0.69
We found 1 important resistance area.
- A resistance zone ranging from 0.75 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for ELBM is down. |
| ChartMill Relative Strength | 7.13 | NEGATIVE | ELBM has a low relative strength, it was outperformed by 92.87% 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) | 31.59 | 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. |
| Stochastics (14,3) | 18.54 | OVERSOLD | The low Stochastics value suggests ELBM may be oversold. |
| Average True Range in percent/ATR (20) | 6.59 | HIGH VOLATILITY | The high ATR as a percentage value for ELBM suggests high volalility. |
| Average Directional Index/ADX (14) | 25.99 | POSITIVE | The high ADX value value for ELBM suggests a strong trend. |
ELBM Technicals: Chart, Performance Metrics, Trend & Indicators
0.6953
-0.02 (-3.26%)
ELECTRA BATTERY MATERIALS CO / ELBM 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.
What is the RSI signal for ELECTRA BATTERY MATERIALS CO (ELBM) stock?
ELECTRA BATTERY MATERIALS CO (ELBM) has an RSI value of 31.5909. 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) has a value of -0.00844077, indicating a bearish trend.
What is the buy/sell signal for ELECTRA BATTERY MATERIALS CO (ELBM) stock?
The buy/sell signal for ELECTRA BATTERY MATERIALS CO (ELBM) is sell as both the short term and long term trends are negative.