EASTERN PLATINUM LTD (ELR.CA) Technical Analysis
TSX:ELR • CA2768555096
Current stock price
ELR.CA Technical Rating and Analysis
Taking everything into account, ELR scores 8 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that ELR is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by ELR over the past year are nicely spread over this period.
- ELR is one of the better performing stocks in the Metals & Mining industry, it outperforms 87% of 795 stocks in the same industry.
- 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.
- In the last month ELR has a been trading in the 0.36 - 0.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ELR.CA Weekly and Daily overview Charts
ELR.CA Setup Rating and Analysis
ELR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for ELR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ELR.CA Support and Resistance Analysis
0.27
4 important support areas can be observed.
- A support zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.41 from a trend line in the weekly time frame.
- Support @0.29 from a trend line in the weekly time frame.
- Support @0.27 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.52 from a trend line in the daily time frame.
ELR.CA 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.
| 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 | NEUTRAL | NEUTRAL | The short term trend for ELR.CA is neutral. |
| ChartMill Relative Strength | 95.25 | POSITIVE | ELR.CA has a high relative strength, it outperformed 95.25% 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) | DOWN | NEGATIVE | The current price of ELR.CA is below 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) | 52.85 | 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) | 50.83 | NEUTRAL | The Stochastics value for ELR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.02 | HIGH VOLATILITY | The high ATR as a percentage value for ELR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.04 | NEGATIVE | The low ADX value for ELR.CA suggests a weak or negative trend. |
ELR.CA Chart- and CandleStick Pattern Analysis
ELR.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.53 | 0.44 | 0.09 (16.98%) | 5.89% |
| An entry @0.53. This is a Buy Stop order right above the resistance zone. | An exit @0.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.09 points, which is 16.98%. | When investing 5.89% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ELR.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ELR (4/14/2026, 7:00:00 PM)
0.49
+0.02 (+3.16%)
EASTERN PLATINUM LTD / ELR.CA TA FAQ
Can you provide the ChartMill technical rating for EASTERN PLATINUM LTD?
ChartMill assigns a technical rating of 8 / 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.
What is the RSI signal for ELR stock?
EASTERN PLATINUM LTD (ELR.CA) has an RSI value of 52.8508. This indicates that the stock is currently neutral.
What is the MACD signal for EASTERN PLATINUM LTD (ELR.CA) stock?
The MACD indicator for EASTERN PLATINUM LTD (ELR.CA) has a value of 0.00934185, indicating a bearish trend.