ERO COPPER CORP (ERO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ERO - CA2960061091 - Common Stock
We assign a technical rating of 10 out of 10 to ERO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ERO is showing a nice and steady performance.
Although ERO has an excellent technical rating, it does not present a decent entry opportunity 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
6 important support areas can be observed.
- A support zone ranging from 36.79 to 37.36. 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 34.43 to 34.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.68 from a horizontal line in the daily time frame.
- Support @24.22 from a trend line in the weekly time frame.
- Support @19.46 from a horizontal line in the daily time frame.
- Support @18.31 from a horizontal line in the daily 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 | 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 | 84.73 | POSITIVE | ERO.CA has a high relative strength, it outperformed 84.73% 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) | 75.07 | OVERBOUGHT | The high RSI value suggests ERO.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests ERO.CA has a positive trend. |
| Stochastics (14,3) | 87.52 | OVERBOUGHT | The high Stochastics value suggests ERO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for ERO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.55 | POSITIVE | The high ADX value value for ERO.CA suggests a strong trend. |
TSX:ERO (1/2/2026, 7:00:00 PM)
39.89
+1.06 (+2.73%)
ERO COPPER CORP / ERO.CA FAQ
What is the technical rating for ERO stock?
ChartMill assigns a technical rating of 10 / 10 to ERO.CA.
What is the current trend direction of ERO COPPER CORP (ERO.CA) stock?
The current trend direction for ERO COPPER CORP (ERO.CA) is Bullish.
What is the RSI signal for ERO stock?
ERO COPPER CORP (ERO.CA) has an RSI value of 75.0705. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for ERO COPPER CORP?
The buy/sell signal for ERO COPPER CORP (ERO.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ERO COPPER CORP?
ERO COPPER CORP (ERO.CA) has a support level at 37.36. Check the full technical report for our detailed analysis of ERO.CA support and resistance levels.