SILVER ELEPHANT MINING CORP (ELEF.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ELEF - CA82770L3074 - Common Stock
Taking everything into account, ELEF scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ELEF is only an average performer.
ELEF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for ELEF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.15
When analyzing the support we can see 3 important areas.
- Support @0.31 from a trend line in the daily time frame.
- A support zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.15 from a horizontal 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 | UP | POSITIVE | The long term trend for ELEF.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELEF.CA is up. |
| ChartMill Relative Strength | 74.97 | POSITIVE | ELEF.CA has a high relative strength, it outperformed 74.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELEF.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ELEF.CA is above a declining 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) | 61.06 | 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) | 74.36 | NEUTRAL | The Stochastics value for ELEF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.14 | HIGH VOLATILITY | The high ATR as a percentage value for ELEF.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 39.93 | POSITIVE | The high ADX value value for ELEF.CA suggests a strong 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 |
|---|---|---|---|
| 0.37 | 0.30 | 0.07 (19.18%) | 5.21% |
| An entry @0.36. This is a Buy Stop order right above the 10 day high. | 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 19.18%. | When investing 5.21% 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 (12/24/2025, 7:00:00 PM)
0.35
+0.02 (+7.69%)
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.
Can you provide the trend direction for SILVER ELEPHANT MINING CORP?
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 61.0564. This indicates that the stock is currently neutral.
What is the MACD signal for ELEF stock?
The MACD indicator for SILVER ELEPHANT MINING CORP (ELEF.CA) has a value of 0.00147796, indicating a bearish trend.
Can you provide the buy/sell signal for SILVER ELEPHANT MINING CORP?
The buy/sell signal for SILVER ELEPHANT MINING CORP (ELEF.CA) is buy as both the short term and long term trends are positive.