ELECTRUM DISCOVERY CORP (ELY.CA) Technical Analysis
TSX-V:ELY • CA28616D1087
We assign a technical rating of 9 out of 10 to ELY. Both in the recent history as in the last year, ELY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- ELY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ELY is performing more or less in line with the market.
- Looking at the yearly performance, ELY did better than 84% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- ELY is an average performer in the Metals & Mining industry, it outperforms 59% of 816 stocks in the same industry.
- In the last month ELY has a been trading in the 0.09 - 0.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ELY has an excellent technical rating, it does not present a decent entry opportunity 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
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We found 2 important support areas.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.13 to 0.13. 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 | UP | POSITIVE | The long term trend for ELY.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELY.CA is up. |
| ChartMill Relative Strength | 84.96 | POSITIVE | ELY.CA has a high relative strength, it outperformed 84.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ELY.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELY.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELY.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.57 | NEUTRAL | The RSI value for ELY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ELY.CA has a negative trend. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for ELY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.23 | NEGATIVE | The low ADX value for ELY.CA suggests a weak or negative trend. |
ELY.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:ELY (3/6/2026, 7:00:00 PM)
0.115
0 (0%)
ELECTRUM DISCOVERY CORP / ELY.CA FAQ
What is the ChartMill technical rating of ELECTRUM DISCOVERY CORP (ELY.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to ELY.CA.
Can you provide the trend direction for ELECTRUM DISCOVERY CORP?
The current trend direction for ELECTRUM DISCOVERY CORP (ELY.CA) is Bullish.
What is the RSI signal for ELECTRUM DISCOVERY CORP (ELY.CA) stock?
ELECTRUM DISCOVERY CORP (ELY.CA) has an RSI value of 50.569. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ELECTRUM DISCOVERY CORP?
The short term momentum for ELECTRUM DISCOVERY CORP (ELY.CA) is positive.
What is the buy/sell signal for ELY stock?
The buy/sell signal for ELECTRUM DISCOVERY CORP (ELY.CA) is buy as both the short term and long term trends are positive.