ELEMENTAL ALTUS ROYALTIES CO (ELE.CA) Stock Technical Analysis
Canada - TSX-V:ELE - CA28619K2083 - Common Stock
We assign a technical rating of 8 out of 10 to ELE. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
ELE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for ELE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
19.25
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.70 to 20.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.44 to 19.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @25.11 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for ELE.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELE.CA is neutral. |
| ChartMill Relative Strength | 83.8 | POSITIVE | ELE.CA has a high relative strength, it outperformed 83.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ELE.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ELE.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.31 | NEUTRAL | The RSI value for ELE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests ELE.CA has a positive trend. |
| Stochastics (14,3) | 64.22 | NEUTRAL | The Stochastics value for ELE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for ELE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.52 | NEGATIVE | The low ADX value for ELE.CA suggests a weak or negative trend. |
TSX-V:ELE (11/14/2025, 7:00:00 PM)
21.99
-0.01 (-0.05%)
ELEMENTAL ALTUS ROYALTIES CO / ELE.CA FAQ
What is the technical rating for ELE stock?
ChartMill assigns a technical rating of 8 / 10 to ELE.CA.
What is the trend direction for ELE stock?
The current trend direction for ELEMENTAL ALTUS ROYALTIES CO (ELE.CA) is Bullish.
Can you provide the RSI signal for ELEMENTAL ALTUS ROYALTIES CO?
ELEMENTAL ALTUS ROYALTIES CO (ELE.CA) has an RSI value of 52.3069. This indicates that the stock is currently neutral.
What is the short term momentum for ELE stock?
The short term momentum for ELEMENTAL ALTUS ROYALTIES CO (ELE.CA) is neutral.
What are the support and resistance levels for ELEMENTAL ALTUS ROYALTIES CO (ELE.CA) stock?
ELEMENTAL ALTUS ROYALTIES CO (ELE.CA) has a support level at 20.73 and a resistance level at 25.11. Check the full technical report for our detailed analysis of ELE.CA support and resistance levels.