ERO COPPER CORP (ERO) Stock Technical Analysis
USA - NYSE:ERO - CA2960061091 - Common Stock
Taking everything into account, ERO scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, ERO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, ERO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 21.09, a Stop Loss order could be placed below this zone.
More info and screens
12.96
We found 4 important support areas.
- Support @20.53 from a horizontal line in the daily time frame.
- Support @16.09 from a trend line in the weekly time frame.
- Support @15.83 from a trend line in the daily time frame.
- Support @13.09 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.85 to 22.08. 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 | UP | POSITIVE | The long term trend for ERO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ERO is up. |
| ChartMill Relative Strength | 88.31 | POSITIVE | ERO has a high relative strength, it outperformed 88.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ERO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ERO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ERO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.69 | NEUTRAL | The RSI value for ERO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests ERO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.3 | NEUTRAL | The Stochastics value for ERO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for ERO suggests high volalility. |
| Average Directional Index/ADX (14) | 35.11 | POSITIVE | The high ADX value value for ERO suggests a strong trend. |
NYSE:ERO (11/3/2025, 1:13:25 PM)
20.61
-0.74 (-3.47%)
ERO COPPER CORP / ERO FAQ
What is the ChartMill technical rating of ERO COPPER CORP (ERO) stock?
ChartMill assigns a technical rating of 8 / 10 to ERO.
What is the trend direction for ERO stock?
The current trend direction for ERO COPPER CORP (ERO) is Bullish.
What is the RSI signal for ERO COPPER CORP (ERO) stock?
ERO COPPER CORP (ERO) has an RSI value of 54.694. This indicates that the stock is currently neutral.
What is the MACD signal for ERO COPPER CORP (ERO) stock?
The MACD indicator for ERO COPPER CORP (ERO) has a value of -0.292345, indicating a bearish trend.
What is the short term momentum for ERO COPPER CORP (ERO) stock?
The short term momentum for ERO COPPER CORP (ERO) is positive.