ELECTRIC ROYALTIES LTD (ELEC.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:ELEC • CA28500L1094
We assign a technical rating of 7 out of 10 to ELEC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ELEC is only an average performer.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- ELEC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ELEC is lagging the market slightly.
- When comparing the performance of all stocks over the past year, ELEC turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- In the last month ELEC has a been trading in the 0.14 - 0.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although ELEC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.14
2 important support areas can be observed.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages 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 ELEC.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELEC.CA is neutral. |
| ChartMill Relative Strength | 49.69 | NEUTRAL | ELEC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ELEC.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ELEC.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELEC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.05 | NEUTRAL | The RSI value for ELEC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ELEC.CA has a negative trend. |
| Stochastics (14,3) | 71.43 | NEUTRAL | The Stochastics value for ELEC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.29 | HIGH VOLATILITY | The high ATR as a percentage value for ELEC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.64 | NEGATIVE | The low ADX value for ELEC.CA suggests a weak or negative trend. |
TSX-V:ELEC (2/5/2026, 7:00:00 PM)
0.155
-0.03 (-16.22%)
ELECTRIC ROYALTIES LTD / ELEC.CA FAQ
What is the ChartMill technical rating of ELECTRIC ROYALTIES LTD (ELEC.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to ELEC.CA.
What is the trend direction for ELEC stock?
The current trend direction for ELECTRIC ROYALTIES LTD (ELEC.CA) is Bullish.
Can you provide the RSI signal for ELECTRIC ROYALTIES LTD?
ELECTRIC ROYALTIES LTD (ELEC.CA) has an RSI value of 44.0538. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ELECTRIC ROYALTIES LTD?
ELECTRIC ROYALTIES LTD (ELEC.CA) has a support level at 0.15 and a resistance level at 0.17. Check the full technical report for our detailed analysis of ELEC.CA support and resistance levels.