We assign a technical rating of 2 out of 10 to ELE. ELE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ELE is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
13.96
2 important support areas can be observed.
- A support zone ranging from 14.97 to 14.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.10 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 | NEUTRAL | NEUTRAL | The long term trend for ELE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ELE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 59.56 | NEUTRAL | The RSI value for ELE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.91 | POSITIVE | The MACD value suggests ELE has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 26.96 | POSITIVE | The high ADX value value for ELE suggests a strong trend. |
NASDAQ:ELE (12/11/2025, 9:39:21 AM)
15.065
+0.08 (+0.57%)
ELEMENTAL ROYALTY CORP / ELE FAQ
What is the technical rating for ELE stock?
ChartMill assigns a technical rating of 2 / 10 to ELE.
What is the trend direction for ELE stock?
The current trend direction for ELEMENTAL ROYALTY CORP (ELE) is Bearish.
Can you provide the RSI signal for ELEMENTAL ROYALTY CORP?
ELEMENTAL ROYALTY CORP (ELE) has an RSI value of 59.5628. 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) is positive.
What are the support and resistance levels for ELEMENTAL ROYALTY CORP (ELE) stock?
ELEMENTAL ROYALTY CORP (ELE) has a support level at 14.1. Check the full technical report for our detailed analysis of ELE support and resistance levels.