ELEMENTAL ROYALTY CORP (ELE.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:ELE - CA28620K1066 - Common Stock
Taking everything into account, ELE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ELE is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ELE is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by ELE over the past year are nicely spread over this period.
- ELE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ELE has a been trading in the 20.87 - 29.99 range, which is quite wide. It is currently trading near the high of this range.
- ELE is an average performer in the Metals & Mining industry, it outperforms 57% of 817 stocks in the same industry.
Although ELE has an excellent technical rating, it does not present a decent entry opportunity 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
18.85
3 important support areas can be observed.
- A support zone ranging from 23.41 to 23.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.60 from a horizontal line in the daily time frame.
- A support zone ranging from 19.04 to 19.22. 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 | UP | POSITIVE | The long term trend for ELE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELE.CA is up. |
| ChartMill Relative Strength | 85.42 | POSITIVE | ELE.CA has a high relative strength, it outperformed 85.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELE.CA is above 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) | 75.19 | OVERBOUGHT | The high RSI value suggests ELE.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests ELE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.97 | OVERBOUGHT | The high Stochastics value suggests ELE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for ELE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.87 | POSITIVE | The high ADX value value for ELE.CA suggests a strong trend. |
TSX-V:ELE (1/20/2026, 7:00:00 PM)
28.16
+0.35 (+1.26%)
ELEMENTAL ROYALTY CORP / ELE.CA FAQ
What is the technical rating for ELE stock?
ChartMill assigns a technical rating of 10 / 10 to ELE.CA.
Can you provide the trend direction for ELEMENTAL ROYALTY CORP?
The current trend direction for ELEMENTAL ROYALTY CORP (ELE.CA) is Bullish.
Can you provide the RSI signal for ELEMENTAL ROYALTY CORP?
ELEMENTAL ROYALTY CORP (ELE.CA) has an RSI value of 75.1939. This indicates that the stock is currently overbought.
What is the short term momentum for ELE stock?
The short term momentum for ELEMENTAL ROYALTY CORP (ELE.CA) is positive.
What is the buy/sell signal for ELE stock?
The buy/sell signal for ELEMENTAL ROYALTY CORP (ELE.CA) is buy as both the short term and long term trends are positive.