ELCORA ADVANCED MATERIALS CO (ERA.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:ERA - CA2844452029 - Common Stock
Overall ERA gets a technical rating of 7 out of 10. In the last year, ERA was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, ERA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.13, 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
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.12 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.16 from a trend line 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 | 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 | 96.43 | POSITIVE | ERA.CA has a high relative strength, it outperformed 96.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ERA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ERA.CA is above 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) | 48.41 | 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) | 42.59 | NEUTRAL | The Stochastics value for ERA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.33 | HIGH VOLATILITY | The high ATR as a percentage value for ERA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.22 | NEUTRAL | The ADX value for ERA.CA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 0.15 | 0.12 | 0.03 (20.00%) | 5.00% |
| An entry @0.15. This is a Buy Stop order right above the resistance zone. | An exit @0.12. 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 20.00%. | When investing 5.00% 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 (11/19/2025, 7:00:00 PM)
0.135
+0.01 (+3.85%)
ELCORA ADVANCED MATERIALS CO / ERA.CA FAQ
What is the technical rating for ERA stock?
ChartMill assigns a technical rating of 7 / 10 to ERA.CA.
What is the trend direction for ERA stock?
The current trend direction for ELCORA ADVANCED MATERIALS CO (ERA.CA) is Bullish.
What is the RSI signal for ERA stock?
ELCORA ADVANCED MATERIALS CO (ERA.CA) has an RSI value of 48.4073. This indicates that the stock is currently neutral.
What is the support and resistance level for ERA stock?
ELCORA ADVANCED MATERIALS CO (ERA.CA) has a support level at 0.13 and a resistance level at 0.14. Check the full technical report for our detailed analysis of ERA.CA support and resistance levels.