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.
75% of all other stocks performed better in the past year than ERO.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ERO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ERO is part of the Metals & Mining industry. There are 807 other stocks in this industry, ERO did better than 41% of them.
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.
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.
More info and screens
18.13
21.97
2 important support areas can be observed.
- A support zone ranging from 20.63 to 20.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @18.31 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.50 to 21.75. This zone is formed by a combination of multiple trend lines 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 | 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. |
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 (6/11/2025, 7:00:00 PM)
21.32
-0.04 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.19%
1 Week-1.89%
2 Weeks7.73%
1 Month14.13%
3 Month17.73%
6 Month9.28%
12 Month-23.47%
2 Year-20.45%
3 Year96.14%
5 Year8.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%3.3%
ATR Inc-16.46%
Range Today0.58
ADR(20)0.65
ADR(20)%3.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.38
Mansfield-1.02
10 Day High22.46
10 Day Low19.19
20 Day High22.46
20 Day Low18
52 Week High31.73
52 Week Low13.17
CS1 End20.84
CR1 Start21.5
Volume & EV
DER(3)-1.28%
DER(5)-1.94%
Volume202.21K
Volume Incr-20.33%
Vol(5)232.24K
Vol(50)341.67K