ELECTRIC METALS USA LTD (EML.CA) Stock Technical Analysis
TSX-V:EML - TSX Venture Exchange - CA28489D1024 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to EML. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EML is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, EML did better than 83% of all other stocks.
In the last month EML has a been trading in the 0.12 - 0.16 range, which is quite wide. It is currently trading near the high of this range.
EML is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EML is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although EML 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
0.11
0.20
We found 1 important support area.
- Support @0.11 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.16 from a trend line in the weekly time frame.
- Resistance @0.19 from a trend line in the weekly time frame.
- Resistance @0.20 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for EML.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EML.CA is up. |
| ChartMill Relative Strength | 83.75 | POSITIVE | EML.CA has a high relative strength, it outperformed 83.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EML.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EML.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EML.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.79 | NEUTRAL | The RSI value for EML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EML.CA has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for EML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.19 | HIGH VOLATILITY | The high ATR as a percentage value for EML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.31 | NEGATIVE | The low ADX value for EML.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:EML (8/8/2025, 7:00:00 PM)
0.16
+0.02 (+18.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg18.52%
1 Week14.29%
2 Weeks28%
1 Month45.45%
3 Month-8.57%
6 Month52.38%
12 Month88.24%
2 Year-31.91%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%7.19%
ATR Inc27.27%
Range Today0.01
ADR(20)0.01
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.75
Mansfield3.27
10 Day High0.16
10 Day Low0.12
20 Day High0.16
20 Day Low0.12
52 Week High0.23
52 Week Low0.01
CS1 End0.11
CR1 Start0.16
Volume & EV
DER(3)306.25%
DER(5)439.97%
Volume83.45K
Volume Incr-50.38%
Vol(5)28.22K
Vol(50)57.50K