ELEMENTAL ROYALTY CORP (ELE.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:ELE - CA28620K1066 - Common Stock
Overall ELE gets a technical rating of 10 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.
- When comparing the yearly performance of all stocks, we notice that ELE is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, ELE also shows a nice and consistent pattern of rising prices.
- ELE is currently trading near its 52 week high, which is a good sign. 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 20.48 - 28.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- ELE is an average performer in the Metals & Mining industry, it outperforms 56% of 813 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
18.83
3 important support areas can be observed.
- A support zone ranging from 22.76 to 22.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.47 to 21.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 19.02 to 19.06. 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 | 84.32 | POSITIVE | ELE.CA has a high relative strength, it outperformed 84.32% 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) | 74.65 | OVERBOUGHT | The high RSI value suggests ELE.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests ELE.CA has a positive trend. |
| Stochastics (14,3) | 94.85 | OVERBOUGHT | The high Stochastics value suggests ELE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for ELE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.49 | NEUTRAL | The ADX value for ELE.CA suggests a possible start of a new trend. |
TSX-V:ELE (1/14/2026, 7:00:00 PM)
27.5
-0.19 (-0.69%)
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 74.6538. 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.