ERO COPPER CORP (ERO.CA) Stock Technical Analysis
TSX:ERO - Toronto Stock Exchange - CA2960061091 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to ERO. ERO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, ERO is a bad performer in the overall market: 64% of all stocks are doing better.
In the last month ERO has a been trading in the 19.46 - 24.72 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ERO is part of the Metals & Mining industry. There are 805 other stocks in this industry, ERO did better than 42% of them.
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.
The technical rating of ERO is bad and it also does not present a quality setup 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
19.19
23.22
We found 1 important support area.
- A support zone ranging from 19.38 to 20.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 20.23 to 20.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.39 from a trend line in the weekly time frame.
- Resistance @22.99 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 | NEUTRAL | NEUTRAL | The long term trend for ERO.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ERO.CA is down. |
| ChartMill Relative Strength | 36.45 | NEUTRAL | ERO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ERO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ERO.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ERO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.98 | NEUTRAL | The RSI value for ERO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests ERO.CA has a negative trend. |
| Stochastics (14,3) | 15.76 | OVERSOLD | The low Stochastics value suggests ERO.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for ERO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.77 | 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)
TSX:ERO (7/14/2025, 7:00:00 PM)
20.09
-0.56 (-2.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.71%
1 Week-9.3%
2 Weeks-12.61%
1 Month-1.57%
3 Month32.87%
6 Month-1.86%
12 Month-25.51%
2 Year-36.62%
3 Year58.56%
5 Year24.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.07
ATR(20)%4.96%
ATR Inc-35.77%
Range Today0.55
ADR(20)0.92
ADR(20)%4.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.45
Mansfield-1.46
10 Day High24.72
10 Day Low19.47
20 Day High24.72
20 Day Low19.47
52 Week High31.56
52 Week Low13.17
CS1 End20.08
CR1 Start20.23
Volume & EV
DER(3)4.81%
DER(5)3.38%
Volume433.44K
Volume Incr131.05%
Vol(5)692.60K
Vol(50)339.69K