ELECTRUM DISCOVERY CORP (ELY.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:ELY • CA28616D1087
Taking everything into account, ELY scores 5 out of 10 in our technical rating. In the last year, ELY was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- ELY is one of the lesser performing stocks in the Metals & Mining industry. 72% of 814 stocks in the same industry do better.
- In the last month ELY has a been trading in the 0.09 - 0.13 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.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, ELY outperforms 64% of them, which is more or less in line with the market.
- ELY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELY is lagging the market.
ELY has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.06
When analyzing the support we notice one important area.
- 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.
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 | DOWN | NEGATIVE | The short term trend for ELY.CA is down. |
| ChartMill Relative Strength | 64.65 | NEUTRAL | ELY.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELY.CA is below a declining 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) | 40.62 | 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. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests ELY.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.61 | HIGH VOLATILITY | The high ATR as a percentage value for ELY.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 41.49 | POSITIVE | The high ADX value value for ELY.CA suggests a strong trend. |
TSX-V:ELY (2/5/2026, 7:00:00 PM)
0.09
-0.01 (-10%)
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 5 / 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 40.6156. 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 negative.
What is the buy/sell signal for ELY stock?
The buy/sell signal for ELECTRUM DISCOVERY CORP (ELY.CA) is hold as the short term and long term trends are mixed.