ELECTRIC ROYALTIES LTD (ELEC.CA) Technical Analysis
TSX-V:ELEC • CA28500L1094
We assign a technical rating of 5 out of 10 to ELEC. In the last year, ELEC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- ELEC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ELEC is performing more or less in line with the market.
- 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 67% 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.
Although the technical rating is only medium, ELEC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.16, a Stop Loss order could be placed below this zone.
More info and screens
0.14
We found 3 important support areas.
- A support zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 can see 2 important resistance areas.
- Resistance @0.17 from a trend line in the daily time frame.
- A resistance zone ranging from 0.18 to 0.18. 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 ELEC.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELEC.CA is neutral. |
| ChartMill Relative Strength | 67.16 | NEUTRAL | ELEC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ELEC.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELEC.CA is above 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) | 51.17 | NEUTRAL | The RSI value for ELEC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ELEC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.9 | NEUTRAL | The Stochastics value for ELEC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.82 | HIGH VOLATILITY | The high ATR as a percentage value for ELEC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.96 | NEGATIVE | The low ADX value for ELEC.CA suggests a weak or negative trend. |
ELEC.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:ELEC (3/11/2026, 7:00:00 PM)
0.165
-0.01 (-2.94%)
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 5 / 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 51.1746. 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 0.16 and a resistance level at 0.17. Check the full technical report for our detailed analysis of ELEC.CA support and resistance levels.