EASTERN PLATINUM LTD (ELR.CA) Technical Analysis
TSX:ELR • CA2768555096
Current stock price
ELR.CA Technical Rating and Analysis
Overall ELR gets a technical rating of 4 out of 10. Although ELR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month ELR has a been trading in the 0.36 - 0.63 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that ELR is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by ELR over the past year are nicely spread over this period.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- ELR is part of the Metals & Mining industry. There are 795 other stocks in this industry, ELR did better than 68% of them.
- ELR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ELR is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
ELR.CA Weekly and Daily overview Charts
ELR.CA Setup Rating and Analysis
ELR has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ELR.CA Support and Resistance Analysis
0.26
We found 4 important support areas.
- A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.29 from a trend line in the weekly time frame.
- Support @0.28 from a trend line in the weekly time frame.
- Support @0.26 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
ELR.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 | NEUTRAL | NEUTRAL | The long term trend for ELR.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELR.CA is down. |
| ChartMill Relative Strength | 87.15 | POSITIVE | ELR.CA has a high relative strength, it outperformed 87.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELR.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELR.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.4 | NEUTRAL | The RSI value for ELR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ELR.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.33 | OVERSOLD | The low Stochastics value suggests ELR.CA may be oversold. |
| Average True Range in percent/ATR (20) | 14.68 | HIGH VOLATILITY | The high ATR as a percentage value for ELR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.93 | NEUTRAL | The ADX value for ELR.CA suggests a possible start of a new trend. |
ELR.CA Chart- and CandleStick Pattern Analysis
ELR.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ELR (3/30/2026, 7:00:00 PM)
0.385
-0.01 (-1.28%)
EASTERN PLATINUM LTD / ELR.CA TA FAQ
Can you provide the ChartMill technical rating for EASTERN PLATINUM LTD?
ChartMill assigns a technical rating of 4 / 10 to ELR.CA.
Can you provide the trend direction for EASTERN PLATINUM LTD?
The current trend direction for EASTERN PLATINUM LTD (ELR.CA) is Bearish.
Can you provide the RSI signal for EASTERN PLATINUM LTD?
EASTERN PLATINUM LTD (ELR.CA) has an RSI value of 38.4002. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EASTERN PLATINUM LTD?
The short term momentum for EASTERN PLATINUM LTD (ELR.CA) is negative.
What is the support and resistance level for ELR stock?
EASTERN PLATINUM LTD (ELR.CA) has a support level at 0.38 and a resistance level at 0.54. Check the full technical report for our detailed analysis of ELR.CA support and resistance levels.