ERO COPPER CORP (ERO.CA) Stock Technical Analysis
TSX:ERO - Toronto Stock Exchange - CA2960061091 - Common Stock - Currency: CAD
We assign a technical rating of 6 out of 10 to ERO. In the last year, ERO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, ERO is a bad performer in the overall market: 63% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ERO has a been trading in the 18.00 - 22.46 range, which is quite wide. It is currently trading near the high of this range.
ERO is part of the Metals & Mining industry. There are 807 other stocks in this industry, ERO did better than 44% of them.
ERO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ERO is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
19.19
21.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.16 to 20.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 19.38 to 19.64. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 37.83 | NEUTRAL | ERO.CA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of ERO.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.68 | OVERBOUGHT | The high RSI value suggests ERO.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ERO.CA has a positive trend. |
| Stochastics (14,3) | 87.14 | OVERBOUGHT | The high Stochastics value suggests ERO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for ERO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 36.51 | 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 (6/6/2025, 7:00:00 PM)
21.61
-0.14 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.64%
1 Week11.51%
2 Weeks10.14%
1 Month16.12%
3 Month22.16%
6 Month7.67%
12 Month-19.96%
2 Year-19.37%
3 Year98.8%
5 Year9.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%3.26%
ATR Inc-15.19%
Range Today0.51
ADR(20)0.65
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.83
Mansfield-0.94
10 Day High22.46
10 Day Low19.19
20 Day High22.46
20 Day Low18
52 Week High31.73
52 Week Low13.17
CS1 End20.33
CR1 StartN/A
Volume & EV
DER(3)-1.19%
DER(5)0.77%
Volume202.59K
Volume Incr1.6%
Vol(5)304.87K
Vol(50)349.73K