ERO COPPER CORP (ERO.CA) Stock Technical Analysis
TSX:ERO - Toronto Stock Exchange - CA2960061091 - Common Stock - Currency: CAD
Taking everything into account, ERO scores 0 out of 10 in our technical rating. ERO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ERO is a bad performer in the overall market: 88% of all stocks are doing better.
ERO is part of the Metals & Mining industry. There are 797 other stocks in this industry, of which 75% are performing better than ERO.
ERO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ERO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ERO is lagging the market.
ERO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 18.51, a Stop Loss order could be placed below this zone.
More info and screens
17.81
22.01
When analyzing the support we notice one important area.
- A support zone ranging from 17.99 to 18.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @20.23 from a horizontal line in the daily time frame.
- Resistance @21.79 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for ERO.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ERO.CA is down. |
| ChartMill Relative Strength | 12.97 | NEGATIVE | ERO.CA has a low relative strength, it was outperformed by 87.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ERO.CA is below a declining 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 | NEGATIVE | The current price of ERO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.21 | NEUTRAL | The RSI value for ERO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ERO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.8 | NEUTRAL | The Stochastics value for ERO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for ERO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.95 | 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 (8/7/2025, 7:00:00 PM)
18.89
+0.26 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.4%
1 Week5%
2 Weeks-6.62%
1 Month-3.18%
3 Month1.23%
6 Month-1%
12 Month-25.86%
2 Year-32.41%
3 Year51.61%
5 Year-5.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%3.79%
ATR Inc-13.85%
Range Today0.47
ADR(20)0.68
ADR(20)%3.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.97
Mansfield-1.83
10 Day High20.23
10 Day Low17.66
20 Day High20.77
20 Day Low17.66
52 Week High31.56
52 Week Low13.17
CS1 End18.51
CR1 Start20.23
Volume & EV
DER(3)-7.91%
DER(5)-3.14%
Volume221.16K
Volume Incr-17.39%
Vol(5)391.91K
Vol(50)375.74K