SILVER ELEPHANT MINING CORP (ELEF.CA) Technical Analysis
TSX:ELEF • CA82770L3074
Current stock price
ELEF.CA Technical Rating and Analysis
Overall ELEF gets a technical rating of 1 out of 10. ELEF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 91% of all other stocks performed better in the past year than ELEF.
- ELEF is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 89% of 203 stocks in the same industry do better.
- ELEF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ELEF has a been trading in the 0.17 - 0.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ELEF.CA Weekly and Daily overview Charts
ELEF.CA Setup Rating and Analysis
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 support zone below the current price at 0.17, a Stop Loss order could be placed below this zone.
More info and screens
ELEF.CA Support and Resistance Analysis
0.15
3 important support areas can be observed.
- A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.16 from a trend line in the daily time frame.
- Support @0.15 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.33 from a trend line in the daily time frame.
ELEF.CA Technical Indicator Signal Analysis
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 | 9.2 | NEGATIVE | ELEF.CA has a low relative strength, it was outperformed by 90.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ELEF.CA is below the rising 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) | 49.34 | 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) | 50 | NEUTRAL | The Stochastics value for ELEF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.42 | HIGH VOLATILITY | The high ATR as a percentage value for ELEF.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.88 | NEGATIVE | The low ADX value for ELEF.CA suggests a weak or negative trend. |
ELEF.CA Chart- and CandleStick Pattern Analysis
ELEF.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ELEF (4/28/2026, 7:00:00 PM)
0.175
-0.01 (-2.78%)
SILVER ELEPHANT MINING CORP / ELEF.CA TA FAQ
What is the technical rating for ELEF stock?
ChartMill assigns a technical rating of 1 / 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 SILVER ELEPHANT MINING CORP (ELEF.CA) stock?
SILVER ELEPHANT MINING CORP (ELEF.CA) has an RSI value of 49.3351. This indicates that the stock is currently neutral.
What is the buy/sell signal for SILVER ELEPHANT MINING CORP (ELEF.CA) stock?
The buy/sell signal for SILVER ELEPHANT MINING CORP (ELEF.CA) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for SILVER ELEPHANT MINING CORP (ELEF.CA) stock?
SILVER ELEPHANT MINING CORP (ELEF.CA) has a support level at 0.17 and a resistance level at 0.2. Check the full technical report for our detailed analysis of ELEF.CA support and resistance levels.