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EASTERN PLATINUM LTD (ELR.CA) Stock Technical Analysis

TSX:ELR - Toronto Stock Exchange - CA2768555096 - Common Stock - Currency: CAD

0.17  +0.01 (+3.03%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to ELR. ELR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, ELR is a bad performer in the overall market: 66% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ELR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ELR is part of the Metals & Mining industry. There are 832 other stocks in this industry, ELR did better than 51% of them.
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.
Weekly and Daily overview Charts
EASTERN PLATINUM LTD / ELR Weekly stock chart
EASTERN PLATINUM LTD / ELR Daily stock chart
Setup Rating and Analysis

3

ELR has an average technical rating and it also does not offer a high quality setup 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.

Support and Resistance Analysis

0.13

0.18

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.08
Mansfield-0.76
10 Day High0.17
10 Day Low0.16
20 Day High0.17
20 Day Low0.13
52 Week High0.3
52 Week Low0.09
Performance
1 Week3.03%
2 Weeks3.03%
1 Month13.33%
3 Month-2.86%
6 Month6.25%
12 Month3.03%
2 Year13.33%
3 Year-41.38%
5 Year-52.78%
10 Year-89.24%
15 Year-87.02%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)58.88
LBB0.15
UBB0.18
EASTERN PLATINUM LTD / ELR Daily stock chart

EASTERN PLATINUM LTD

TSX:ELR (2/7/2025, 7:00:00 PM)

0.17

+0.01 (+3.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.03%
1 Week3.03%
2 Weeks3.03%
1 Month13.33%
3 Month-2.86%
6 Month6.25%
12 Month3.03%
2 Year13.33%
3 Year-41.38%
5 Year-52.78%
10 Year-89.24%
15 Year-87.02%
Volatility
ATR(14)0.01
ATR(20)%4.56%
ATR Inc-63.16%
Range Today0.01
ADR(20)0.01
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.08
Mansfield-0.76
10 Day High0.17
10 Day Low0.16
20 Day High0.17
20 Day Low0.13
52 Week High0.3
52 Week Low0.09
CS1 End0.17
CR1 Start0.18
Volume & EV
DER(3)29.33%
DER(5)15.32%
Volume12.50K
Volume Incr-42.87%
Vol(5)23.76K
Vol(50)34.35K