ENTREE RESOURCES LTD (ETG.CA) Stock Technical Analysis
TSX:ETG - Toronto Stock Exchange - CA29384J1030 - Common Stock - Currency: CAD
Overall ETG gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ETG is showing a nice and steady performance.
In the last month ETG has a been trading in the 2.23 - 2.76 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that ETG is one of the better performing stocks in the market, outperforming 79% of all stocks.
ETG is an average performer in the Metals & Mining industry, it outperforms 60% of 797 stocks in the same industry.
ETG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ETG is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although ETG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.80
2.77
We found 3 important support areas.
- A support zone ranging from 2.06 to 2.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.94 to 1.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.82 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.58 to 2.61. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @2.67 from a horizontal line in the daily time frame.
- Resistance @2.74 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for ETG.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ETG.CA is neutral. |
| ChartMill Relative Strength | 79.62 | POSITIVE | ETG.CA has a high relative strength, it outperformed 79.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ETG.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.17 | NEUTRAL | The RSI value for ETG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ETG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.34 | OVERSOLD | The low Stochastics value suggests ETG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for ETG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.24 | NEUTRAL | The ADX value for ETG.CA suggests a possible start of a new 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:ETG (8/1/2025, 7:00:00 PM)
2.28
-0.01 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.44%
1 Week-4.6%
2 Weeks-8.43%
1 Month3.64%
3 Month3.17%
6 Month-10.94%
12 Month52%
2 Year68.89%
3 Year178.05%
5 Year338.46%
10 Year516.22%
15 Year-8.43%
Volatility
ATR(14)0.07
ATR(20)%4.38%
ATR Inc22.93%
Range Today0.11
ADR(20)0.1
ADR(20)%4.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.62
Mansfield-0.11
10 Day High2.52
10 Day Low2.23
20 Day High2.76
20 Day Low2.23
52 Week High2.76
52 Week Low1.41
CS1 End2.07
CR1 Start2.58
Volume & EV
DER(3)-8.8%
DER(5)-7.26%
Volume31.34K
Volume Incr-48.32%
Vol(5)40.68K
Vol(50)72.74K