ELCORA ADVANCED MATERIALS CO (ERA.CA) Stock Technical Analysis
TSX-V:ERA - TSX Venture Exchange - CA2844452029 - Common Stock - Currency: CAD
Overall ERA gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ERA 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.
Warning: ERA has an average volume of 13478 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ERA is one of the better performing stocks in the Metals & Mining industry, it outperforms 90% of 797 stocks in the same industry.
ERA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ERA is lagging the market slightly.
In the last month ERA has a been trading in the 0.12 - 0.14 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ERA did better than 96% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ERA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.12, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ERA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.12
0.14
When analyzing the support we notice one important area.
- A support zone ranging from 0.12 to 0.12. 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 2 important areas.
- A resistance zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.14 to 0.14. 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 ERA.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ERA.CA is neutral. |
| ChartMill Relative Strength | 96.29 | POSITIVE | ERA.CA has a high relative strength, it outperformed 96.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ERA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ERA.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ERA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.35 | NEUTRAL | The RSI value for ERA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ERA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for ERA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for ERA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.24 | NEGATIVE | The low ADX value for ERA.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.14 | 0.11 | 0.03 (21.43%) | 4.67% |
| An entry @0.14. This is a Buy Stop order right above the resistance zone. | An exit @0.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 21.43%. | When investing 4.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:ERA (8/8/2025, 7:00:00 PM)
0.13
+0.01 (+8.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg8.33%
1 Week8.33%
2 Weeks8.33%
1 Month13.04%
3 Month-7.14%
6 Month550%
12 Month271.43%
2 Year225%
3 Year188.89%
5 Year-21.21%
10 Year-23.53%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.19%
ATR Inc47.37%
Range Today0.02
ADR(20)0
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.29
Mansfield9.68
10 Day High0.14
10 Day Low0.12
20 Day High0.14
20 Day Low0.12
52 Week High0.18
52 Week Low0.02
CS1 End0.12
CR1 Start0.13
Volume & EV
DER(3)182.98%
DER(5)467.98%
Volume11.50K
Volume Incr-42.4%
Vol(5)7.54K
Vol(50)13.48K