ELECTRUM DISCOVERY CORP (ELY.CA) Stock Technical Analysis
TSX-V:ELY - TSX Venture Exchange - CA28616D1087 - Common Stock - Currency: CAD
We assign a technical rating of 7 out of 10 to ELY. In the last year, ELY was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ELY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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.
In the last month ELY has a been trading in the 0.06 - 0.08 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ELY did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ELY is an average performer in the Metals & Mining industry, it outperforms 54% of 794 stocks in the same industry.
ELY has an excellent technical rating, but the quality of the setup is only medium 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
0.07
0.08
When analyzing the support we notice one important area.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 ELY.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELY.CA is up. |
| ChartMill Relative Strength | 75.92 | POSITIVE | ELY.CA has a high relative strength, it outperformed 75.92% 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) | DOWN | NEGATIVE | The current price of ELY.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.66 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for ELY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for ELY.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.96 | NEGATIVE | The low ADX value for ELY.CA suggests a weak or negative 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-V:ELY (7/25/2025, 7:00:00 PM)
0.075
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week7.14%
2 Weeks0%
1 Month7.14%
3 Month25%
6 Month-42.31%
12 Month25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%5.67%
ATR Inc-100%
Range Today0
ADR(20)0
ADR(20)%4.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.92
Mansfield-1.81
10 Day High0.08
10 Day Low0.07
20 Day High0.08
20 Day Low0.06
52 Week High0.18
52 Week Low0.05
CS1 End0.07
CR1 Start0.08
Volume & EV
DER(3)0%
DER(5)0%
Volume187.00K
Volume Incr-28.18%
Vol(5)77.56K
Vol(50)99.22K