Canada - TSX:ERO - CA2960061091 - Common Stock
Overall ERO gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ERO is only an average performer.
Although ERO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
18.13
When analyzing the support we can see 4 important areas.
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 | 75.02 | POSITIVE | ERO.CA has a high relative strength, it outperformed 75.02% 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) | 91.24 | OVERBOUGHT | The high RSI value suggests ERO.CA may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.54 | POSITIVE | The MACD value suggests ERO.CA has a positive trend. |
Stochastics (14,3) | 96.01 | OVERBOUGHT | The high Stochastics value suggests ERO.CA may be overbought. |
Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for ERO.CA suggests some volalility. |
Average Directional Index/ADX (14) | 54.98 | POSITIVE | The high ADX value value for ERO.CA suggests a strong trend. |
TSX:ERO (10/8/2025, 7:00:00 PM)
32.73
+2.21 (+7.24%)