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EASTERN PLATINUM LTD (ELR.CA) Stock Technical Analysis

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

0.29  +0.01 (+1.75%)

Technical Rating and Analysis

9

Overall ELR gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ELR has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
ELR is part of the Metals & Mining industry. There are 808 other stocks in this industry. ELR outperforms 75% of them.
ELR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ELR is lagging the market slightly.
In the last month ELR has a been trading in the 0.13 - 0.36 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ELR did better than 89% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
EASTERN PLATINUM LTD / ELR Weekly stock chart
EASTERN PLATINUM LTD / ELR Daily stock chart
Setup Rating and Analysis

4

ELR has an excellent technical rating, but the quality of the setup is only medium 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

0.28

0.29

When analyzing the support we notice one important area.

  • A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ELR.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ELR.CA is up.
ChartMill Relative Strength89.75POSITIVEELR.CA has a high relative strength, it outperformed 89.75% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ELR.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ELR.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ELR.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)63.41NEUTRALThe RSI value for ELR.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests ELR.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)68.01NEUTRALThe Stochastics value for ELR.CA is a neutral value.
Average True Range in percent/ATR (20)10.65HIGH VOLATILITYThe high ATR as a percentage value for ELR.CA suggests high volalility.
Average Directional Index/ADX (14)38.63POSITIVEThe high ADX value value for ELR.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
EASTERN PLATINUM LTD / ELR Daily stock chart

EASTERN PLATINUM LTD

TSX:ELR (6/16/2025, 7:00:00 PM)

0.29

+0.01 (+1.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.75%
1 Week-18.31%
2 Weeks65.71%
1 Month136.74%
3 Month70.59%
6 Month81.25%
12 Month26.09%
2 Year286.67%
3 Year45%
5 Year-6.45%
10 Year-82.1%
15 Year-70.1%
Volatility
ATR(14)0.04
ATR(20)%10.65%
ATR Inc57.3%
Range Today0.03
ADR(20)0.03
ADR(20)%10.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.75
Mansfield6.13
10 Day High0.36
10 Day Low0.16
20 Day High0.36
20 Day Low0.13
52 Week High0.36
52 Week Low0.11
CS1 End0.28
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume175.27K
Volume Incr25.28%
Vol(5)324.40K
Vol(50)160.73K