ELECTRUM DISCOVERY CORP (ELY.CA) Technical Analysis
TSX-V:ELY • CA28616D1087
Current stock price
ELY.CA Technical Rating and Analysis
Taking everything into account, ELY scores 4 out of 10 in our technical rating. ELY has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, ELY did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- ELY is part of the Metals & Mining industry. There are 803 other stocks in this industry, ELY did better than 48% of them.
- 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.
- In the last month ELY has a been trading in the 0.08 - 0.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ELY.CA Weekly and Daily overview Charts
ELY.CA Setup Rating and Analysis
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
ELY.CA Support and Resistance Analysis
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3 important support areas can be observed.
- Support @0.10 from a trend line in the weekly time frame.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.06 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.13 from a horizontal line in the daily time frame.
ELY.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 ELY.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELY.CA is neutral. |
| ChartMill Relative Strength | 74.61 | POSITIVE | ELY.CA has a high relative strength, it outperformed 74.61% off all stocks 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) | DOWN | NEGATIVE | The current price of ELY.CA is below a declining 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) | 41.04 | 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) | 48.61 | NEUTRAL | The Stochastics value for ELY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for ELY.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.3 | NEUTRAL | The ADX value for ELY.CA suggests a possible start of a new trend. |
ELY.CA Chart- and CandleStick Pattern Analysis
ELY.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:ELY (4/14/2026, 7:00:00 PM)
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ELECTRUM DISCOVERY CORP / ELY.CA TA FAQ
What is the ChartMill technical rating of ELECTRUM DISCOVERY CORP (ELY.CA) stock?
ChartMill assigns a technical rating of 4 / 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.
Can you provide the RSI signal for ELECTRUM DISCOVERY CORP?
ELECTRUM DISCOVERY CORP (ELY.CA) has an RSI value of 41.042. This indicates that the stock is currently neutral.
What is the MACD signal for ELY stock?
The MACD indicator for ELECTRUM DISCOVERY CORP (ELY.CA) has a value of -0.000249372, indicating a bearish trend.
What is the short term momentum for ELECTRUM DISCOVERY CORP (ELY.CA) stock?
The short term momentum for ELECTRUM DISCOVERY CORP (ELY.CA) is neutral.