NASDAQ:ELBM - Nasdaq - CA28474P7065 - Common Stock - Currency: USD
Overall ELBM gets a technical rating of 1 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.
ELBM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.14. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ELBM in the last couple of days, which is a good sign.
0.97
When analyzing the support we can see 2 important areas.
4 important resistance areas can be observed.
NASDAQ:ELBM (5/5/2025, 8:06:04 PM)
1.09
-0.02 (-1.76%)