EASTFIELD RESOURCES LTD (ETF.CA) Stock Technical Analysis
TSX-V:ETF - TSX Venture Exchange - CA27724D1096 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to ETF. In the past year, ETF was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, ETF does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.02, a Stop Loss order could be placed below this zone.
More info and screens
0.01
We found 2 important support areas.
- A support zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.01 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.03 to 0.03. 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 ETF.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ETF.CA is neutral. |
| ChartMill Relative Strength | 10.17 | NEGATIVE | ETF.CA has a low relative strength, it was outperformed by 89.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETF.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETF.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ETF.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.73 | NEUTRAL | The RSI value for ETF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ETF.CA has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for ETF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 20 | HIGH VOLATILITY | The high ATR as a percentage value for ETF.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.07 | NEGATIVE | The low ADX value for ETF.CA suggests a weak or negative trend. |
TSX-V:ETF (7/29/2025, 7:00:00 PM)
0.025
+0.01 (+25%)