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.
Although the technical rating is only medium, ERO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
18.13
2 important support areas can be observed.
We found 1 important resistance area.
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 | 25.38 | NEGATIVE | ERO.CA has a low relative strength, it was outperformed by 74.62% 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) | DOWN | NEGATIVE | The current price of ERO.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 66.39 | NEUTRAL | The RSI value for ERO.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ERO.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 72.59 | NEUTRAL | The Stochastics value for ERO.CA is a neutral value. |
Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for ERO.CA suggests some volalility. |
Average Directional Index/ADX (14) | 36.82 | POSITIVE | The high ADX value value for ERO.CA suggests a strong trend. |
TSX:ERO (6/11/2025, 7:00:00 PM)
21.32
-0.04 (-0.19%)