SILVER ELEPHANT MINING CORP (ELEF.CA) Stock Technical Analysis
TSX:ELEF • CA82770L3074
Taking everything into account, ELEF scores 0 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ELEF is a bad performer in the overall market: 80% of all stocks are doing better.
- ELEF is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 75% of 210 stocks in the same industry do better.
- In the last month ELEF has a been trading in the 0.24 - 0.34 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
ELEF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.28. Right above this resistance zone may be a good entry point.
More info and screens
0.15
We found 3 important support areas.
- Support @0.24 from a trend line in the daily time frame.
- A support zone ranging from 0.23 to 0.23. 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines 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 | 20.02 | NEGATIVE | ELEF.CA has a low relative strength, it was outperformed by 79.98% 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) | UP | POSITIVE | The current price of ELEF.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.27 | 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) | 36.63 | NEUTRAL | The Stochastics value for ELEF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.06 | HIGH VOLATILITY | The high ATR as a percentage value for ELEF.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.21 | NEGATIVE | The low ADX value for ELEF.CA suggests a weak or negative trend. |
TSX:ELEF (3/2/2026, 7:00:00 PM)
0.265
+0.01 (+1.92%)
SILVER ELEPHANT MINING CORP / ELEF.CA FAQ
What is the technical rating for ELEF stock?
ChartMill assigns a technical rating of 0 / 10 to ELEF.CA.
What is the trend direction for ELEF stock?
The current trend direction for SILVER ELEPHANT MINING CORP (ELEF.CA) is Bearish.
What is the RSI signal for ELEF stock?
SILVER ELEPHANT MINING CORP (ELEF.CA) has an RSI value of 44.2701. 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 0.000158819, 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 0.24 and a resistance level at 0.28. Check the full technical report for our detailed analysis of ELEF.CA support and resistance levels.