ELEMENTAL ALTUS ROYALTIES CO (ELE.CA) Stock Technical Analysis
TSX-V:ELE - TSX Venture Exchange - CA28619K1093 - Common Stock - Currency: CAD
Overall ELE gets a technical rating of 9 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
ELE is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ELE slightly outperforms the market at the moment.
In the last month ELE has a been trading in the 1.32 - 1.52 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, ELE did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
ELE is part of the Metals & Mining industry. There are 818 other stocks in this industry, ELE did better than 66% of them.
ELE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- 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
1.17
1.44
We found 4 important support areas.
- Support @1.39 from a horizontal line in the daily time frame.
- A support zone ranging from 1.24 to 1.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.20 to 1.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.18 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.72
Mansfield2.09
10 Day High1.51
10 Day Low1.37
20 Day High1.52
20 Day Low1.32
52 Week High1.52
52 Week Low0.97
Performance
1 Week-0.69%
2 Weeks-2.72%
1 Month7.52%
3 Month21.19%
6 Month15.32%
12 Month22.22%
2 Year19.17%
3 Year2.14%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)54.28
LBB1.39
UBB1.51
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.52 | 1.38 | 0.14 (9.21%) | 10.86% |
| An entry @1.52. This is a Buy Stop order right above the 10 day high. | An exit @1.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.14 points, which is 9.21%. | When investing 10.86% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:ELE (5/9/2025, 7:00:00 PM)
1.43
+0.02 (+1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.42%
1 Week-0.69%
2 Weeks-2.72%
1 Month7.52%
3 Month21.19%
6 Month15.32%
12 Month22.22%
2 Year19.17%
3 Year2.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%4.83%
ATR Inc-51.96%
Range Today0.04
ADR(20)0.06
ADR(20)%4.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.72
Mansfield2.09
10 Day High1.51
10 Day Low1.37
20 Day High1.52
20 Day Low1.32
52 Week High1.52
52 Week Low0.97
CS1 End1.39
CR1 StartN/A
Volume & EV
DER(3)-17.14%
DER(5)-9.44%
Volume104.75K
Volume Incr-32.86%
Vol(5)51.83K
Vol(50)68.26K