TSX:ERO - CA2960061091 - Common Stock
We assign a technical rating of 4 out of 10 to ERO. ERO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
ERO has an average technical rating and it also does not offer a high 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.
17.81
When analyzing the support we can see 3 important areas.
3 important resistance areas can be observed.
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 | UP | POSITIVE | The short term trend for ERO.CA is up. |
ChartMill Relative Strength | 13.65 | NEGATIVE | ERO.CA has a low relative strength, it was outperformed by 86.35% 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) | DOWN | NEGATIVE | The current price of ERO.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ERO.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 57.4 | NEUTRAL | The RSI value for ERO.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ERO.CA has a positive trend. |
Stochastics (14,3) | 94.97 | OVERBOUGHT | The high Stochastics value suggests ERO.CA may be overbought. |
Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for ERO.CA suggests some volalility. |
Average Directional Index/ADX (14) | 17.95 | NEGATIVE | The low ADX value for ERO.CA suggests a weak or negative trend. |
TSX:ERO (8/26/2025, 7:00:00 PM)
20.17
+0.35 (+1.77%)