TSX-V:ELL - TSX Venture Exchange - CA30042G1019 - Common Stock - Currency: CAD
We assign a technical rating of 7 out of 10 to ELL. In the last year, ELL was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Besides having an excellent technical rating, ELL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.05. Right above this resistance zone may be a good entry point.
0.03
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The long term trend for ELL.CA is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELL.CA is neutral. |
ChartMill Relative Strength | 84 | POSITIVE | ELL.CA has a high relative strength, it outperformed 84% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of ELL.CA is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELL.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ELL.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 53.53 | NEUTRAL | The RSI value for ELL.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ELL.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 25 | NEUTRAL | The Stochastics value for ELL.CA is a neutral value. |
Average True Range in percent/ATR (20) | 13.89 | HIGH VOLATILITY | The high ATR as a percentage value for ELL.CA suggests high volalility. |
Average Directional Index/ADX (14) | 20.09 | NEUTRAL | The ADX value for ELL.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 |
---|---|---|---|
0.06 | 0.03 | 0.04 (58.33%) | 1.71% |
An entry @0.06. This is a Buy Stop order right above the resistance zone. | An exit @0.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 58.33%. | When investing 1.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
TSX-V:ELL (8/6/2025, 7:00:00 PM)
0.045
+0 (+12.5%)