ERO COPPER CORP (ERO.CA) Stock Technical Analysis
Canada - TSX:ERO - CA2960061091 - Common Stock
23.14 CAD
+0.17 (+0.74%)
Overall ERO gets a technical rating of 7 out of 10. Although ERO is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
83% of all other stocks performed better in the past year than ERO.
ERO is part of the Metals & Mining industry. There are 807 other stocks in this industry, of which 74% are performing better than ERO.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ERO has a been trading in the 18.90 - 23.93 range, which is quite wide. It is currently trading near the high of this range.
ERO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ERO is lagging the market.
Although ERO has an excellent technical rating, the quality of the presented setup is not ideal 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
18.13
23.95
We found 4 important support areas.
- A support zone ranging from 22.97 to 23.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.84 to 20.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.46 from a horizontal line in the daily time frame.
- Support @18.31 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.40 to 23.71. 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 ERO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ERO.CA is up. |
| ChartMill Relative Strength | 17.51 | NEGATIVE | ERO.CA has a low relative strength, it was outperformed by 82.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ERO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ERO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ERO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.23 | NEUTRAL | The RSI value for ERO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests ERO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.72 | OVERBOUGHT | The high Stochastics value suggests ERO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for ERO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.39 | POSITIVE | The high ADX value value for ERO.CA suggests a strong 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 |
|---|---|---|---|
| 23.72 | 22.96 | 0.76 (3.20%) | 25.00% |
| An entry @23.72. This is a Buy Stop order right above the resistance zone. | An exit @22.96. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.76 points, which is 3.20%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- The distance between exit and entry is rather small compared to the average daily movement of ERO. Please evaluate whether better entry and exit points can be found.
- 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:ERO (9/18/2025, 7:00:00 PM)
23.14
+0.17 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.74%
1 Week-1.11%
2 Weeks14.16%
1 Month22.69%
3 Month10.35%
6 Month20.58%
12 Month-18.78%
2 Year-1.2%
3 Year51.54%
5 Year19.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%3.15%
ATR Inc-22.74%
Range Today0.58
ADR(20)0.67
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.51
Mansfield0.09
10 Day High23.93
10 Day Low20.56
20 Day High23.93
20 Day Low18.9
52 Week High31.56
52 Week Low13.17
CS1 End23.13
CR1 Start23.4
Volume & EV
DER(3)3.96%
DER(5)6.42%
Volume206.51K
Volume Incr2.94%
Vol(5)312.49K
Vol(50)366.19K