SILVER ELEPHANT MINING CORP (ELEF.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ELEF - CA82770L3074 - Common Stock
Overall ELEF gets a technical rating of 7 out of 10. In the last year, ELEF was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that ELEF is one of the better performing stocks in the market, outperforming 78% of all stocks.
- ELEF is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 85% of 206 stocks in the same industry.
- ELEF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELEF is lagging the market.
- In the last month ELEF has a been trading in the 0.30 - 0.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
ELEF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.30, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.15
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.15 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.35 to 0.35. 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 ELEF.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELEF.CA is neutral. |
| ChartMill Relative Strength | 78.1 | POSITIVE | ELEF.CA has a high relative strength, it outperformed 78.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ELEF.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELEF.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELEF.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.4 | NEUTRAL | The RSI value for ELEF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ELEF.CA has a positive trend. |
| Stochastics (14,3) | 71.38 | NEUTRAL | The Stochastics value for ELEF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for ELEF.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.02 | NEUTRAL | The ADX value for ELEF.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.36 | 0.29 | 0.07 (19.44%) | 5.14% |
| An entry @0.36. This is a Buy Stop order right above the resistance zone. | An exit @0.29. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 19.44%. | When investing 5.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ELEF (1/27/2026, 7:00:00 PM)
0.335
-0.01 (-1.47%)
SILVER ELEPHANT MINING CORP / ELEF.CA FAQ
What is the technical rating for ELEF stock?
ChartMill assigns a technical rating of 7 / 10 to ELEF.CA.
What is the trend direction for ELEF stock?
The current trend direction for SILVER ELEPHANT MINING CORP (ELEF.CA) is Bullish.
What is the RSI signal for ELEF stock?
SILVER ELEPHANT MINING CORP (ELEF.CA) has an RSI value of 56.3972. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SILVER ELEPHANT MINING CORP?
The MACD indicator for SILVER ELEPHANT MINING CORP (ELEF.CA) has a value of 0.00139434, indicating a bearish trend.
What is the support and resistance level for ELEF stock?
SILVER ELEPHANT MINING CORP (ELEF.CA) has a support level at 0.3 and a resistance level at 0.35. Check the full technical report for our detailed analysis of ELEF.CA support and resistance levels.