EASTERN PLATINUM LTD (ELR.CA) Stock Technical Analysis
TSX:ELR • CA2768555096
We assign a technical rating of 10 out of 10 to ELR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ELR is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ELR is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, ELR also shows a nice and consistent pattern of rising prices.
- ELR is part of the Metals & Mining industry. There are 816 other stocks in this industry. ELR outperforms 89% of them.
- In the last month ELR has a been trading in the 0.38 - 0.79 range, which is quite wide. It is currently trading near the high of this range.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ELR has an excellent technical rating, it 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.
More info and screens
0.25
When analyzing the support we can see 2 important areas.
- Support @0.43 from a trend line in the daily time frame.
- Support @0.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.73 from a horizontal line 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 | UP | POSITIVE | The short term trend for ELR.CA is up. |
| ChartMill Relative Strength | 96.06 | POSITIVE | ELR.CA has a high relative strength, it outperformed 96.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELR.CA is above 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) | 61.05 | NEUTRAL | The RSI value for ELR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ELR.CA has a positive trend. |
| Stochastics (14,3) | 78.86 | NEUTRAL | The Stochastics value for ELR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.33 | HIGH VOLATILITY | The high ATR as a percentage value for ELR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.26 | NEGATIVE | The low ADX value for ELR.CA suggests a weak or negative trend. |
TSX:ELR (2/27/2026, 7:00:00 PM)
0.69
-0.01 (-1.43%)
EASTERN PLATINUM LTD / ELR.CA FAQ
Can you provide the ChartMill technical rating for EASTERN PLATINUM LTD?
ChartMill assigns a technical rating of 10 / 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 Bullish.
Can you provide the RSI signal for EASTERN PLATINUM LTD?
EASTERN PLATINUM LTD (ELR.CA) has an RSI value of 61.0503. 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 positive.
What is the support and resistance level for ELR stock?
EASTERN PLATINUM LTD (ELR.CA) has a support level at 0.43 and a resistance level at 0.73. Check the full technical report for our detailed analysis of ELR.CA support and resistance levels.