EASTERN PLATINUM LTD (ELR.CA) Stock Technical Analysis
TSX:ELR - Toronto Stock Exchange - CA2768555096 - Common Stock - Currency: CAD
Taking everything into account, ELR scores 6 out of 10 in our technical rating. In the last year, ELR was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month ELR has a been trading in the 0.23 - 0.28 range, which is quite wide. It is currently trading near the lows of this range.
ELR is one of the better performing stocks in the Metals & Mining industry, it outperforms 79% of 797 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that ELR is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
ELR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELR is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ELR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.23, a Stop Loss order could be placed below this zone.
More info and screens
0.13
0.25
We found 2 important support areas.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.13 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ELR.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELR.CA is down. |
| ChartMill Relative Strength | 91.59 | POSITIVE | ELR.CA has a high relative strength, it outperformed 91.59% 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) | UP | MIXED | The current price of ELR.CA is below the rising 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) | 45.47 | NEUTRAL | The RSI value for ELR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ELR.CA has a negative trend. |
| Stochastics (14,3) | 9.76 | OVERSOLD | The low Stochastics value suggests ELR.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.19 | HIGH VOLATILITY | The high ATR as a percentage value for ELR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.02 | NEGATIVE | The low ADX value for ELR.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:ELR (8/1/2025, 7:00:00 PM)
0.235
-0.01 (-2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.08%
1 Week-4.08%
2 Weeks-2.08%
1 Month-9.62%
3 Month95.83%
6 Month42.42%
12 Month38.24%
2 Year135%
3 Year14.63%
5 Year-42.68%
10 Year-78.04%
15 Year-78.04%
Volatility
ATR(14)0.02
ATR(20)%8.19%
ATR Inc-49.09%
Range Today0.01
ADR(20)0.02
ADR(20)%7.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.59
Mansfield2.37
10 Day High0.28
10 Day Low0.24
20 Day High0.28
20 Day Low0.23
52 Week High0.36
52 Week Low0.11
CS1 End0.23
CR1 Start0.25
Volume & EV
DER(3)-101.06%
DER(5)-384.45%
Volume45.80K
Volume Incr-78.82%
Vol(5)36.55K
Vol(50)223.07K