SILVER ELEPHANT MINING CORP (ELEF.CA) Stock Technical Analysis
TSX:ELEF - Toronto Stock Exchange - CA82770L3074 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to ELEF. ELEF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ELEF is a bad performer in the overall market: 98% of all stocks are doing better.
ELEF is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 89% of 214 stocks in the same industry do better.
ELEF is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
ELEF is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of ELEF 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
0.16
0.24
When analyzing the support we notice one important area.
- Support @0.16 from a trend line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @0.19 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.23 from a trend line in the weekly time frame.
- Resistance @0.24 from a trend 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 | DOWN | NEGATIVE | The long term trend for ELEF.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELEF.CA is down. |
| ChartMill Relative Strength | 2.8 | NEGATIVE | ELEF.CA has a low relative strength, it was outperformed by 97.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELEF.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELEF.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELEF.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.62 | NEUTRAL | The RSI value for ELEF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ELEF.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.44 | NEUTRAL | The Stochastics value for ELEF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.92 | HIGH VOLATILITY | The high ATR as a percentage value for ELEF.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.36 | POSITIVE | The high ADX value value for ELEF.CA suggests a strong 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:ELEF (7/14/2025, 7:00:00 PM)
0.185
-0.01 (-5.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-5.13%
1 Week-7.5%
2 Weeks-11.9%
1 Month-22.92%
3 Month-22.92%
6 Month12.12%
12 Month-61.05%
2 Year-43.94%
3 Year-70.16%
5 Year-95.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%8.92%
ATR Inc-25.53%
Range Today0.02
ADR(20)0.02
ADR(20)%8.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.8
Mansfield-4.92
10 Day High0.24
10 Day Low0.17
20 Day High0.25
20 Day Low0.17
52 Week High0.85
52 Week Low0.14
CS1 End0.16
CR1 Start0.19
Volume & EV
DER(3)0%
DER(5)0%
Volume155.70K
Volume Incr55.59%
Vol(5)164.80K
Vol(50)85.26K