ELECTRIC ROYALTIES LTD (ELEC.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:ELEC - CA28500L1094 - Common Stock
Taking everything into account, ELEC scores 2 out of 10 in our technical rating. In the last year, ELEC was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of ELEC is bad and it also does not present a quality setup 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
0.13
3 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 and important moving averages in multiple time frames.
- A support zone ranging from 0.13 to 0.13. 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 0.16 to 0.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.17 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 ELEC.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELEC.CA is neutral. |
| ChartMill Relative Strength | 11.25 | NEGATIVE | ELEC.CA has a low relative strength, it was outperformed by 88.75% off all stocks 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) | DOWN | MIXED | The current price of ELEC.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ELEC.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.13 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 35.28 | NEUTRAL | The Stochastics value for ELEC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for ELEC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.01 | NEUTRAL | The ADX value for ELEC.CA suggests a possible start of a new trend. |
TSX-V:ELEC (1/6/2026, 7:00:00 PM)
0.155
+0.01 (+10.71%)
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 2 / 10 to ELEC.CA.
What is the trend direction for ELEC stock?
The current trend direction for ELECTRIC ROYALTIES LTD (ELEC.CA) is Bearish.
Can you provide the RSI signal for ELECTRIC ROYALTIES LTD?
ELECTRIC ROYALTIES LTD (ELEC.CA) has an RSI value of 52.1343. 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 0.14 and a resistance level at 0.15. Check the full technical report for our detailed analysis of ELEC.CA support and resistance levels.