ELECTRIC ROYALTIES LTD (ELEC.CA) Stock Technical Analysis
TSX-V:ELEC - TSX Venture Exchange - CA28500L1094 - Common Stock - Currency: CAD
Taking everything into account, ELEC scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ELEC was also a bad performer in the overall market in the last year.
88% of all other stocks performed better in the past year than ELEC.
In the last month ELEC has a been trading in the 0.12 - 0.15 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ELEC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELEC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ELEC 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
0.12
0.24
2 important support areas can be observed.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @0.21 from a trend line in the weekly time frame.
- Resistance @0.23 from a horizontal line in the weekly time frame.
- Resistance @0.24 from a trend line in the weekly 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 | 12.99 | NEGATIVE | ELEC.CA has a low relative strength, it was outperformed by 87.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELEC.CA is above the rising 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) | DOWN | NEGATIVE | The current price of ELEC.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.2 | 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. |
| Stochastics (14,3) | 59.92 | NEUTRAL | The Stochastics value for ELEC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for ELEC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.52 | NEGATIVE | The low ADX value for ELEC.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:ELEC (7/11/2025, 7:00:00 PM)
0.145
+0.01 (+7.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.41%
1 Week7.41%
2 Weeks16%
1 Month20.83%
3 Month7.41%
6 Month-19.44%
12 Month-34.09%
2 Year-51.67%
3 Year-48.21%
5 Year-50%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.17%
ATR Inc206.25%
Range Today0.02
ADR(20)0
ADR(20)%3.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.99
Mansfield-1.62
10 Day High0.16
10 Day Low0.12
20 Day High0.16
20 Day Low0.12
52 Week High0.23
52 Week Low0.1
CS1 End0.13
CR1 Start0.21
Volume & EV
DER(3)0%
DER(5)0%
Volume247.57K
Volume Incr141.53%
Vol(5)69.70K
Vol(50)40.89K