EASTERN PLATINUM LTD (ELR.CA) Technical Analysis
TSX:ELR • CA2768555096
Current stock price
ELR.CA Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to ELR. Although ELR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month ELR has a been trading in the 0.40 - 0.57 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Looking at the yearly performance, ELR did better than 92% of all other 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 803 other stocks in this industry. ELR outperforms 83% of them.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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.
- Considerably lower volume is observed in the last couple of days.
ELR.CA Weekly and Daily overview Charts
ELR.CA Setup Rating and Analysis
Although the technical rating is only medium, ELR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.38, a Stop Loss order could be placed below this zone. 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
We found 3 important support areas.
- A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.30 from a trend line in the weekly time frame.
- Support @0.27 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for ELR.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELR.CA is down. |
| ChartMill Relative Strength | 92.89 | POSITIVE | ELR.CA has a high relative strength, it outperformed 92.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ELR.CA is below 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) | 42.48 | NEUTRAL | The RSI value for ELR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ELR.CA has a negative trend. |
| Stochastics (14,3) | 13.1 | OVERSOLD | The low Stochastics value suggests ELR.CA may be oversold. |
| Average True Range in percent/ATR (20) | 12.53 | HIGH VOLATILITY | The high ATR as a percentage value for ELR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.71 | NEGATIVE | The low ADX value for ELR.CA suggests a weak or negative trend. |
ELR.CA Chart- and CandleStick Pattern Analysis
ELR.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ELR (4/28/2026, 7:00:00 PM)
0.415
-0.02 (-3.49%)
EASTERN PLATINUM LTD / ELR.CA TA FAQ
Can you provide the ChartMill technical rating for EASTERN PLATINUM LTD?
ChartMill assigns a technical rating of 5 / 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 Bearish.
What is the RSI signal for ELR stock?
EASTERN PLATINUM LTD (ELR.CA) has an RSI value of 42.4786. 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 -0.00269279, indicating a bearish trend.