EASTERN PLATINUM LTD (ELR.CA) Stock Technical Analysis
TSX:ELR - CA2768555096 - Common Stock
0.245 CAD
+0.01 (+2.08%)
Overall ELR gets a technical rating of 7 out of 10. In the last year, ELR was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
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.
Looking at the yearly performance, ELR did better than 81% of all other stocks. We also observe that the gains produced by ELR over the past year are nicely spread over this period.
In the last month ELR has a been trading in the 0.17 - 0.26 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ELR is part of the Metals & Mining industry. There are 803 other stocks in this industry, ELR did better than 57% 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.
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 present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.13
0.26
We found 1 important support area.
- Support @0.13 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for ELR.CA is up. |
| ChartMill Relative Strength | 81.01 | POSITIVE | ELR.CA has a high relative strength, it outperformed 81.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ELR.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ELR.CA is above 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) | 59.99 | NEUTRAL | The RSI value for ELR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ELR.CA has a positive trend. |
| Stochastics (14,3) | 87.75 | OVERBOUGHT | The high Stochastics value suggests ELR.CA may be overbought. |
| Average True Range in percent/ATR (20) | 7.55 | HIGH VOLATILITY | The high ATR as a percentage value for ELR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.3 | NEUTRAL | The ADX value for ELR.CA suggests a possible start of a new 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 (9/5/2025, 7:00:00 PM)
0.245
+0.01 (+2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.08%
1 Week40%
2 Weeks40%
1 Month-2%
3 Month-19.67%
6 Month22.5%
12 Month96%
2 Year172.22%
3 Year28.95%
5 Year-33.78%
10 Year-75.74%
15 Year-82.75%
Volatility
ATR(14)0.02
ATR(20)%7.55%
ATR Inc-4.55%
Range Today0.02
ADR(20)0.02
ADR(20)%6.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.01
Mansfield2.24
10 Day High0.26
10 Day Low0.18
20 Day High0.26
20 Day Low0.17
52 Week High0.36
52 Week Low0.11
CS1 End0.13
CR1 Start0.26
Volume & EV
DER(3)-25.78%
DER(5)-52.1%
Volume141.78K
Volume Incr127.19%
Vol(5)191.77K
Vol(50)137.34K