ELEMENTAL ROYALTY CORP (ELE.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:ELE - CA28619K2083 - Common Stock
Overall ELE gets a technical rating of 4 out of 10. Although ELE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ELE has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
17.58
We found 3 important support areas.
- A support zone ranging from 19.96 to 20.26. 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 18.25 to 18.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.76 to 17.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.77 to 21.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.00 to 22.00. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for ELE.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELE.CA is neutral. |
| ChartMill Relative Strength | 76.64 | POSITIVE | ELE.CA has a high relative strength, it outperformed 76.64% 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) | DOWN | NEGATIVE | The current price of ELE.CA is below a declining 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) | 51.58 | NEUTRAL | The RSI value for ELE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests ELE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.05 | NEUTRAL | The Stochastics value for ELE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for ELE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.8 | NEGATIVE | The low ADX value for ELE.CA suggests a weak or negative trend. |
TSX-V:ELE (12/12/2025, 7:00:00 PM)
20.76
-0.09 (-0.43%)
ELEMENTAL ROYALTY CORP / ELE.CA FAQ
What is the technical rating for ELE stock?
ChartMill assigns a technical rating of 4 / 10 to ELE.CA.
What is the trend direction for ELE stock?
The current trend direction for ELEMENTAL ROYALTY CORP (ELE.CA) is Bearish.
Can you provide the RSI signal for ELEMENTAL ROYALTY CORP?
ELEMENTAL ROYALTY CORP (ELE.CA) has an RSI value of 51.5848. This indicates that the stock is currently neutral.
What is the short term momentum for ELE stock?
The short term momentum for ELEMENTAL ROYALTY CORP (ELE.CA) is neutral.
What are the support and resistance levels for ELEMENTAL ROYALTY CORP (ELE.CA) stock?
ELEMENTAL ROYALTY CORP (ELE.CA) has a support level at 20.09 and a resistance level at 20.86. Check the full technical report for our detailed analysis of ELE.CA support and resistance levels.